OFF MARKET

2 Racecourse Road
Newstead VIC 3462

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 150m2
Land area: 2014m2
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Property Details for 2 Racecourse Rd, Newstead

2 Racecourse Rd, Newstead is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2014. The property has a land size of 2014m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last transferred in December 2023.

Building Type
House
Year Built
2014
Floor Size
150m2
Land Size
2014m2
Local Government
Mount Alexander
Lot/Plan
5~11A/PP5594

Last Listing description (November 2016)

This near new three bedroom home is located in the heart of popular Newstead. On a shaded half acre the home is set back from the road and offers a huge 10.5m x 10.5m barn style shed with power and concrete slab. The home features a central kitchen with a 900mm stainless steel cooker, Cesar stone benches and oodles of storage. There is a formal lounge room, dining room and a central wood heater, separate laundry and central bathroom. The master bedroom features a walk in robe and an ensuite bathroom. In addition, there is a single car garage and workshop, ample tank water and a short walk to the centre of town. Inspection will impress!

Property History for 2 Racecourse Rd, Newstead, VIC 3462

A timeline of how this property has performed in the market
Last Transferred
08 Dec 2023
  • 08 Dec 2023
    Transferred
  • 03 Apr 2019
    Transferred
  • 22 Oct 2016
    Sold for $362,000
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About Newstead 3462

The size of Newstead is approximately 46.7 square kilometres. It has 3 parks covering nearly 21.1% of total area. The population of Newstead in 2011 was 802 people. By 2016 the population was 750 showing a population decline of 6.5% in the area during that time. The predominant age group in Newstead is 60-69 years. Households in Newstead are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Newstead work in a professional occupation. In 2011, 78.5% of the homes in Newstead were owner-occupied compared with 82.6% in 2016.

Newstead has 604 properties. Over the last 5 years, Houses in Newstead have seen a 34.51% increase in median value. As at 31 October 2024:

  • The median value for Houses in Newstead is $588,499 while the median value for Units is $556,157.
There are currently 3 properties listed for sale, and no properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in Newstead.

Suburb Insights for Newstead 3462

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.