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Sold on 29 Aug 2024 for $185,000

9 Mcnabb Road
Newstead VIC 3462

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2400m2
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Property Details for 9 Mcnabb Rd, Newstead

Building Type
Land
Land Size
2400m2
Local Government
Mount Alexander
Lot/Plan
2/PS718977

Last Listing description (August 2024)

This Township zoned allotment with mains water, mains power and sewer connected/available offer approx. 2,400m2 level allotment with the further benefit of an unused road reserve along the Eastern Boundary.

Priced to sell and ready to go, this parcel will not sit for long in this vibrant and active community.

Property History for 9 Mcnabb Rd, Newstead, VIC 3462

A timeline of how this property has performed in the market
Last Sold
$185,000
29 Aug 2024
  • 29 Aug 2024
    Sold for $185,000
  • 20 Jun 2024
    Listed for Sale $199,000
  • 03 Mar 2023
    Listed for Sale $325,000
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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.
There are currently 1 property listed for sale, and no properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Newstead.

Suburb Insights for Newstead 3462

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Contact agent
Brett Fitzpatrick
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Brett Waller
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Castlemaine Property Group
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.