OFF MARKET

53 Pound Lane
Newstead VIC 3462

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 34411m2
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Property Details for 53 Pound Lane, Newstead

Building Type
Land
Land Size
34411m2
Local Government
Mount Alexander
Lot/Plan
1/LP112974

Last Listing description (February 2021)

This 8.4 acre rural block on the outskirts of Newstead is the perfect place to escape to; far enough away but close enough to the town for the basics. Lightly treed, with dam that's holding the spring rains well, fenced and on the corner of Tangeys Road, there are several potential house sites (STCA) or bring the caravan/use as a campsite. A few minutes to Newstead, 20km to Castlemaine and 1 hour 40 to Melbourne. It's in Farming Zone.

Property History for 53 Pound Lane, Newstead, VIC 3462

A timeline of how this property has performed in the market
Last Sold
$185,000
05 Jan 2021
  • 05 Jan 2021
    Sold for $185,000
  • 10 Nov 2020
    Listed for Sale $195,000
  • 07 Jul 2016
    Sold for $110,000
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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 606 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, 16 properties were sold in the past 12 months in Newstead.

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