5 Creswick-Newstead Rd, Newstead is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1117m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in September 2016.
This neat and tidy 1950s classic brick home offers great value for money with a large (1110m2 approx) corner allotment in the popular Newstead township. Oozing with retro features this three bedroom home has polished floorboards, wrought iron screen doors, ornate cornices and a fabulous original kitchen with upgraded electric cooker and groovy cabinetry and breakfast bar. There is a large formal lounge with wood heater in the tapestry brick fireplace and ceiling fan, entrance hall, 3 good sized bedrooms and large family bathroom with shower over bath and toilet. There is second toilet off the covered back patio. Outside the spacious block has established trees and shrubs and there is a 3 bay shed, garden shed, veggie patch and chook run. This classic home is able to be enjoyed now and offers great potential for first home buyers or investors alike looking to capitalise on the growing popularity of Newstead and its proximity midway between Castlemaine, Maryborough and Daylesford.
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:
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