OFF MARKET

24 Monash Street
Newstead VIC 3462

Bedrooms: 2
Bathrooms: -
Car spaces: -
Land area: 7528m2
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Property Details for 24 Monash St, Newstead

Building Type
Land
Land Size
7528m2
Local Government
Mount Alexander
Lot/Plan
4/LP212231

Last Listing description (July 2016)

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.

Property History for 24 Monash St, Newstead, VIC 3462

A timeline of how this property has performed in the market
Last Sold
$65,000
03 Mar 1993
  • 01 Dec 2015
    Listed for Sale $300,000
  • 03 Mar 1993
    Sold for $65,000
  • 16 May 1991
    Sold for $21,000

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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 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.
There are currently 3 properties listed for sale, and no properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 16 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.