16 Monash Street, Newstead, VIC 3462 | Property Value & History | OnTheHouse
OFF MARKET

16 Monash Street
Newstead VIC 3462

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 5151m2
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Property Details for 16 Monash St, Newstead

Building Type
Rural
Land Size
5151m2
Local Government
Mount Alexander
Lot/Plan
1/PS722639

Last Listing description (May 2019)

Set on 5153 sqm with a planning permit in place for a two-lot subdivision with access from both Monash and Palmerston Street, this affordable property provides a great opportunity for first home buyers, downsizers or those looking to invest.
The compact home provides very comfortable living with lounge room warmed by a wood heater and supported by a reverse cycle split system, kitchen/dining with pantry, 3 bedrooms with the master complete with built in robe and an updated bathroom.
The front garden is easy to maintain with a variety of natives, the rear garden is home to a productive orchard with a plethora of fruit trees including, apricots, pears, nectarine, fig, apples and peaches that combine with raised garden beds resulting in abundance of produce. Ample water is available with approx. 90,000 litres tank storage to ensure a successful harvest.

A double shed with concrete floor and power, garden shed and a triple carport provide ample storage. The property has an approved two lot subdivision that creates a vacant lot of 1970 sqm with access from Palmerston Street.
A great opportunity to enter the market, located just minutes from the local school and only 15 minutes from Castlemaine.

Property History for 16 Monash St, Newstead, VIC 3462

A timeline of how this property has performed in the market
Last Sold
$399,000
10 May 2019
  • 10 May 2019
    Sold for $399,000
  • 20 Sep 2018
    Listed for Sale Not Disclosed
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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 625 properties. Over the last 5 years, Houses in Newstead have seen a 32.19% increase in median value. As at 31 December 2025:

  • The median value for Houses in Newstead is $642,779 while the median value for Units is $489,112.
There are currently 1 property listed for sale, and no properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 28 properties were sold in the past 12 months in Newstead.

Suburb Insights for Newstead 3462

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.