2591 Elsmore RoadNewstead NSW 2360
Property Details for 2591 Elsmore Rd, Newstead
Last Listing description (July 2026)
Outstanding picturesque views from all over this 469ac grazing property. An outlook hard to find that most people only dream of. Great location close to amenities, schools, shopping, sale yards. AREA: 198.8 ha (469 ac) Freehold. Inverell Shire Council. Northern Tablelands LLS.SITUATION: approx. 15km from Elsmore, 30km from Inverell, 33km from Tingha, 55km from Guyra, 55km from Glen Innes.SERVICES: Mobile phone service available & NBN internet. School bus at front gate to primary and secondary schools at Inverell. Air and rail services from Inverell, Armidale, Tamworth to Brisbane & Sydney. Saleyards at Inverell, being the 6th largest selling centre in the state, weekly fat cattle sales, fortnightly sheep sales and monthly store cattle sales. Export abattoir at Inverell. 3 major feedlots in the Inverell area. Inverell is one of the major shopping and service centres of Northern NSW.COUNTRY: Undulating to hilly. Altitude: 800m - 940m ASL.SOIL: Two-thirds Basalt, one-third Trap.ARABLE AREA: approx. 20ha (50ac), planted with oats last season.TIMBER: White box & Stringy bark.Clearing permit. Excellent diversity for income opportunities such as the harvesting of Grass Trees, with the potential for up to $100,000/yr. Previously cut and sold firewood, returning $60,000/year.WATER: 12 dams, 5 springs (2 permanent, 3 semi-permanent). Waterholes in Newstead Creek. 5,000gallon rainwater tank. Bore permit. Many locations for more dams & numerous locations divined for bores.RAINFALL: 800mm (31inch) p.a.FENCING: Property is fully fenced with internal and boundary fencing 60% new and the balance stock proof. Suitable for cattle, sheep, goats, horses. 7 paddocks plus holding pen.IMPROVEMENTS: DA approval for house. Dwelling permit.MACHINERY SHED: Large high-bay 20m x 12m steel & Colorbond shed with closed-in lock-up workshop. 22kw solar system & 62kw solar battery storage with remote wifi monitoring. Designed to self-sufficiently power a 4 bedroom, 2 bathroom home.STOCK YARDS: 80 head steel cattle yards with covered vet crush and scales. Steel sheep yards.CARRYING CAPACITY: Average good season can run 40 cows and calves, bulls and 50 yearling steers. Property has recently been restocked after an 18 month spell, currently running only 35 breeders plus calves and bulls, and only using 60% of property.Genuine sale due to change of circumstances. Disclaimer: We have obtained all information in this document from sources we believe to be reliable. We cannot guarantee or give any warranty about the information provided. Interested parties must rely solely on their own enquiries.Property Code: 1432
Property History for 2591 Elsmore Rd, Newstead, NSW 2360
- 02 Jul 2026Listed for Sale $1,450,000
- 17 Dec 2025Sold
- 27 Sep 2024Sold for $1,190,000
About Newstead 2360
The size of Newstead is approximately 86.1 square kilometres. The population of Newstead in 2016 was 23 people. By 2021 the population was 19 showing a population decline of 17.4% in the area during that time. The predominant age group in Newstead is 90-99 years. Households in Newstead are primarily couples with children and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Newstead work in a managers occupation.In 2021, 37.50% of the homes in Newstead were owner-occupied compared with 0.00% in 2016.
Newstead has 14 properties. Over the last 5 years, Houses in Newstead have seen a 33.55% increase in median value. As at 31 July 2026:
- The median value for Houses in Newstead is $686,256.
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