Keep the large residential allotment as one (1.2ha) or continue the present owners work, finish the subdivision process, and sell off the lots. Well fenced with power, water and sewer available. With stands of gums and open areas there are a choice of house sites all walking distance to shops, Dig Cafe and the primary school in Newstead village a perfect place for a country childhood or a weekender.
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 605 properties. Over the last 5 years, Houses in Newstead have seen a 34.51% increase in median value. As at 31 October 2024:
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