70 Pound LaneNewstead VIC 3462
Property Details for 70 Pound Lane, Newstead
Last Listing description (December 2023)
Set on the perimeter of the Newstead township this farming zoned property (without a current planning permit for a dwelling) offers approximately 5.13 hectares with a Licence Agreement over the unused road for access.
The parcel has had a previous use as a water supply for the Newstead township which has been relinquished however there are two large water holdings still in place which could provide a wonderful environment in many different formats.
This truly unique offering is off grid with farmland and forest adjoining and offers some delightful outlooks across the countryside.
Property History for 70 Pound Lane, Newstead, VIC 3462
- 13 Dec 2023Sold for $210,000
- 11 Dec 2022Listed for Sale $228,000
- 26 Apr 2022Sold for $690,000
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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 602 properties. Over the last 5 years, Houses in Newstead have seen a 35.38% increase in median value. As at 31 August 2024:
- The median value for Houses in Newstead is $568,271 while the median value for Units is $631,670.
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