20 Monash StreetNewstead VIC 3462
Property Details for 20 Monash St, Newstead
Last Listing description (September 2022)
A property with opportunities galore on the rural fringe - a modest home on a large 5,243m2 (1.3 acres approx.) block within the Township Zone of Newstead that's ready to go. The home features three bedrooms, two with built-in robes and the spacious main bedroom with a walk-in wardrobe and split system; an open plan kitchen/living/dining space has a large wood burner, A/C, and doors to the large front deck and covered back entertaining area. There is a central family bathroom, a separate toilet and laundry. Outside is a 9 x 7 m shed, a double carport, garden beds and loads of space. The home is connected to services, has evaporative cooling and has a massive 9.5kW solar system; no power bills!
The block has perfect subdivision potential for two or multiple lots (STCA), with mains water and sewer on Monash and Palmerston Streets. Close to the town centre, Castlemaine is 15 minutes away and 25 to Daylesford. This property is an ideal family home, weekender or development opportunity. Access to the house is via Palmerston Street.
Property History for 20 Monash St, Newstead, VIC 3462
- 21 Aug 2022Sold for $650,000
- 03 Aug 2022Listed for Sale $665,000
- 17 May 2016Transferred
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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 606 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.
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