OFF MARKET

9 Racecourse Road
Newstead VIC 3462

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 102m2
Land area: 793m2
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Last updated 16 Dec 2024
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Property Details for 9 Racecourse Rd, Newstead

9 Racecourse Rd, Newstead is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 2018. The property has a land size of 793m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Year Built
2018
Floor Size
102m2
Land Size
793m2
Local Government
Mount Alexander
Lot/Plan
1/TP119865

Last Listing description (November 2022)

Only a few years old this very comfortable home offers a wonderful opportunity to walk straight in and start living in a quiet residential pocket on the perimeter of the delightful Newstead Village.

The home offers 3 bedrooms, master with access to the central bathroom, deep European laundry and a broad north east facing open plan kitchen meals family area which provides direct access into the private rear yard.

Externally the property has a garage with direct house access, 5kw solar system with inverter, solar HWS with electric heat pump, water tanks for domestic use, fruit trees and areas of lawn.

The home is serviced by split system heating and cooling, mains sewer and mains power.

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Property History for 9 Racecourse Rd, Newstead, VIC 3462

A timeline of how this property has performed in the market
Last Sold
$525,000
24 Oct 2022
  • 24 Oct 2022
    Sold for $525,000
  • 07 Sep 2022
    Listed for Sale $529,000

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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 45.19% increase in median value. As at 30 November 2024:

  • The median value for Houses in Newstead is $613,246 while the median value for Units is $577,740.
There are currently 3 properties listed for sale, and no properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Newstead.

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