On the perimeter of the Newstead Township, this parcel of approx 6200m2 offers the wonderful opportunity to create your wonderfully tranquil lifestyle property or the alternative option of developing further with sub division potential. With mains water, mains power and sewer available the property enjoys all the township benefits as well as having a sealed road frontage whilst also enjoying the benefits of a semi rural feel with established trees and elevated areas for ideal home sites.
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:
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