A very tired period home which sits on approximately 39 acres with two road frontages adjoining the township zoning of the Newstead village, the home of Chopped, creates a wonderful opportunity for those wanting to pursue the rural lifestyle with the urban amenities close by.
Predominately treed with approx 10 acres of clearing and three dams, the property also has mains power and town water at the front boundary and mains sewer at the neighbouring property.
With Castlemaine approx 10 minutes away and Newstead about a 3 minute drive, the property also gives easy access to Steiner School and a variety of other working and educational amenities.
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 605 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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