2640 Pyrenees HighwayNewstead VIC 3462
Property Details for 2640 Pyrenees Hwy, Newstead
Last Listing description (April 2021)
With dual access from Monash Street and Cusack Road this idyllic 95 acres comes with a Planning Permit for residence, power and water at the front and an elevated building envelope to take in the views.
With a storage shed, water tank, dam and a superb arrangement of Eucalypts and lower storey ferns, wild flowers and natives, the block elevates to the south and offers some interesting exploring. There are some fetching rock formations and undulation giving it plenty of privacy. It has 675 metres of frontage and up to 600 metres depth.
The property is just 13km to Castlemaine, 136km Melbourne and just a 3km stroll along Monash Street to the Primary School and centre of Newstead.
Property History for 2640 Pyrenees Hwy, Newstead, VIC 3462
- 30 Mar 2021Sold for $495,000
- 17 Feb 2021Listed for Sale $495,000
- 20 Jul 2020Transferred
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0About 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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