OFF MARKET

25 Palmerston Street
Newstead VIC 3462

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 120m2
Land area: 161493m2
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Property Details for 25 Palmerston St, Newstead

Building Type
Rural
Year Built
1900
Floor Size
120m2
Land Size
161493m2
Local Government
Mount Alexander
Lot/Plan
31~A/PP3503

Last Listing description (November 2021)

OKAS Property Group & Vish Safi proudly presents golden opportunity of 39-acre block of land situated in Newstead.

This block is ideal for families wanting the opportunity to start a new lifestyle in the country.


There is also a great potential for investors as the property can be subdivided into smaller blocks.

Other features include water tanks, sheds and 3 dams.

The property also can be accessed from two streets - Monash Street and Palmerston Street.

Newstead offers their residents with multiple amenities such as public transport (Newstead Railway Arts Hub), schools, cafes and restaurants, The Newstead & District Swimming Pool, childcare centre, parklands and commuting to Castlemaine is only approx. 17 minutes away.

Contact Vish Safi 0449 919 191 or Kuldip Gajera 0449 986 527 to inquire!

NOTE: Link for Due Diligence Checklist: http://www.consumer.vic.gov.au/duediligencechecklist.

DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.

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Property History for 25 Palmerston St, Newstead, VIC 3462

A timeline of how this property has performed in the market
Last Sold
$275,000
01 May 2017
  • 22 Jun 2020
    Listed for Sale Taking Interest NOW - Contact Vish | 0449 919 191
  • 15 Jun 2018
    Listed for Sale $1,200,000 - $1,300,000
  • 01 May 2017
    Sold for $275,000

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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 602 properties. Over the last 5 years, Houses in Newstead have seen a 35.38% increase in median value. As at 31 August 2024:

  • The median value for Houses in Newstead is $568,271 while the median value for Units is $631,670.
There are currently 1 property listed for sale, and no properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Newstead.

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