1/6 Creswick-Newstead RoadNewstead VIC 3462
Property Details for 1/6 Creswick-Newstead Rd, Newstead
1/6 Creswick-Newstead Rd, Newstead is a 2 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 2085m2.
Last Listing description (July 2021)
The Railway Hotel, Newstead is located in the heart of Central Victoria, midway between Castlemaine and Maryborough and a short drive to Maldon, Daylesford and Bendigo. Well situated on the busy Creswick- Newstead Road the business is well supported by locals and visitors to the regions attractions.
The hotel has a great bar trade plus dining room currently serving in house and take away pizza. There is a cosy lounge and beer garden with regular local entertainment.
There is also a small two bedroom residence attached and additional outbuildings.
Total land 2000m2. Hotel lease covers approximately 1100m2
Currently operating 6 days a week with steady trade there is a secure lease until April 2019 with a rental of $22,200 per annum( includes GST ), with the option for a further 5 x 3 year terms.
Property History for 1/6 Creswick-Newstead Rd, Newstead, VIC 3462
- 20 Apr 2017Listed for Sale $460,000
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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 2016 was 754 people. By 2021 the population was 820 showing a population growth of 8.8% 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 $1400 - $1799 per month on mortgage repayments. In general, people in Newstead work in a professional occupation.In 2021, 87.20% of the homes in Newstead were owner-occupied compared with 82.60% in 2016.
Newstead has 626 properties. Over the last 5 years, Houses in Newstead have seen a 23.03% increase in median value. As at 30 November 2025:
- The median value for Houses in Newstead is $575,779 while the median value for Units is $489,225.
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