OFF MARKET

3 Racecourse Road
Newstead VIC 3462

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 177m2
Land area: 1833m2
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Property Details for 3 Racecourse Rd, Newstead

3 Racecourse Rd, Newstead is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1993. The property has a land size of 1833m2 and floor size of 177m2.

Building Type
House
Year Built
1993
Floor Size
177m2
Land Size
1833m2
Local Government
Mount Alexander
Lot/Plan
8~12A/PP5594

Property History for 3 Racecourse Rd, Newstead, VIC 3462

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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 604 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, 17 properties were sold in the past 12 months in Newstead.

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