61 Lyons StreetNewstead VIC 3462
Property Details for 61 Lyons St, Newstead
Last Listing description (May 2014)
WHISPERING GUMS MOTEL
FREEHOLD & BUSINESS FOR SALE What a fantastic opportunity to work for yourself in a great, peaceful location in a tight-knit community.This successful business & freehold is ideally suited for a couple with a young family or a semi-retired/retired active couple who still want to earn a few extra bob! Established for about 13 years, there is still room for expansion [stca] to add to the 5 unit enterprise. With a fine reputation for comfort, service and value -for-money, there is very little need for promotional/marketing expenditure, particularly because of it's repeat business clientele and proximity to towns like Maldon, Castlemaine, Daylesford, Ballarat and Bendigo.
Property History for 61 Lyons St, Newstead, VIC 3462
- 23 May 2014Listed for Sale $525,000
- 06 Mar 2001Sold for $160,000
- 13 Oct 1995Sold for $92,400
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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.
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