SOLD
Sold on 16 Nov 2023 for $215,000

36 Panmure Street
Newstead VIC 3462

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 108m2
Land area: 753m2
Sold By
Carole Lenander
Jellis Craig Castlemaine
Leah Panos
Jellis Craig Castlemaine
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Property Details for 36 Panmure St, Newstead

36 Panmure St, Newstead is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1900. The property has a land size of 753m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom House sold in Newstead in the last 12 months.

Building Type
House
Year Built
1900
Floor Size
108m2
Land Size
753m2
Local Government
Mount Alexander
Lot/Plan
2/LP211100

Last Listing description (November 2023)

Once upon a time, a quaint cottage stood proudly, surrounded by stately trees on a level 753 sqm block in leafy Panmure Street. Sadly, the years haven't been kind to this little home. Today what stands before you is a wreck. Significantly more than a renovator's delight, the timbers are rotten, the beams unsteady, foundations almost no existent and the roof leaks and sags. There's power and water, sewerage is available but never been connected. With two bedrooms, living/dining room boasting a central fireplace, kitchen, combined bathroom/laundry and front and rear verandahs, the once pretty little cottage might now be Newstead's best example of opportunity! Affordably priced and with an existing dwelling in place, the prospect exists for you to embark on a ground-up rebuild or demolish and build within the footprint, extending as desired STCA to achieve your dream home and relaxed, country lifestyle. Newstead's primary school, pub, IGA, swimming pool and the beautiful Loddon River are all within walking distance. Castlemaine and Maldon are both 15 minutes away; Daylesford 30 minutes and Melbourne is an easy 90 minutes down the Calder or via fast train from Castlemaine. The block is beautiful, the location is beautiful and the potential unlimited. You've found your perfect match.

Property History for 36 Panmure St, Newstead, VIC 3462

A timeline of how this property has performed in the market
Last Sold
$215,000
16 Nov 2023
  • 16 Nov 2023
    Sold for $215,000
  • 26 Oct 2023
    Listed for Sale $250,000
  • 16 May 2000
    Sold for $95,000
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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 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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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.