OFF MARKET

41 Panmure Street
Newstead VIC 3462

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 100m2
Land area: 663m2
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Property Details for 41 Panmure St, Newstead

41 Panmure St, Newstead is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 663m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
House
Year Built
1960
Floor Size
100m2
Land Size
663m2
Local Government
Mount Alexander
Lot/Plan
1/PS824338

Last Listing description (March 2023)

Located on Newstead's leafiest street on a corner allotment of 663 sqm, this tastefully renovated home makes for an easy choice.

It has a modernised kitchen with 900mm gas appliances, a dishwasher, a breakfast bench, and lots of storage and joined by the living and dining spaces. Down the hall are three large bedrooms; the main has a built-in robe and split system, and at the end is the family bathroom. The home is heated/cooled by a split system and solid wood fireplace, and mains water & sewer are connected.

A north-facing alfresco offers a space to enjoy the country experience year-round, and accessible from there is a generous laundry with a separate toilet. Externally there is a 3m x 6m shed and water tank.

A perfect first home, investment or downsizer, this is not one to miss. A flat, easy walk to the centre of Newstead where you will find a general store, a cafe, a primary school, a butcher and a pub. Just 15 Minutes from Castlemaine's town centre, 25 minutes for Daylesford and within an hour of Ballarat.

Currently leased, this makes for an ideal investment property with a strong yield.

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Property History for 41 Panmure St, Newstead, VIC 3462

A timeline of how this property has performed in the market
Last Sold
$512,500
02 Jul 2021
Listed for Rent
$395/w
09 Dec 2021
  • 12 Nov 2022
    Listed for Sale $525,000
  • 23 Nov 2021
    Listed for Rent - Price not available
  • 02 Jul 2021
    Sold for $512,500
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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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