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

16 Palmerston Street
Newstead VIC 3462

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 101m2
Land area: 1258m2
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Property Details for 16 Palmerston St, Newstead

16 Palmerston St, Newstead is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2010. The property has a land size of 1258m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Year Built
2010
Floor Size
101m2
Land Size
1258m2
Local Government
Mount Alexander
Lot/Plan
1/PS626029

Last Listing description (April 2026)

Set on the edge of Newstead with a peaceful bush outlook and farmland directly behind, this well-built modern home offers privacy, space and a relaxed country lifestyle on a generous 1,258m2 allotment.

Constructed from Hebel and corrugated iron, the home is designed for comfort and efficiency, with a veranda decking wrapping 3 sides of home making the most of the tranquil setting. All three bedrooms feature sliding doors opening directly onto the deck, creating a lovely connection between indoors and out and providing the perfect spot for a morning coffee or evening unwind.
Inside, the home centres around a light-filled open-plan kitchen and living area, complete with gas log fire, reverse cycle air conditioner, gas cooktop, electric oven and dishwasher. Ceiling fans are installed throughout the home for added comfort year-round.

The flexible floorplan includes three bedrooms with built-in robes, plus a separate office that could easily serve as a potential fourth bedroom, nursery or work-from-home space. The bathroom is spacious and practical, featuring a large walk-in shower.

Outside, the fully fenced block includes raised veggie beds, a single carport, workshop space, and a garden shed with a secondary bathroom, adding extra functionality to the property.

Enjoy the space, privacy and peaceful outlook while still being incredibly close to everything that matters - just a couple of minutes to the Newstead town centre, primary school, kindergarten and swimming pool, making day-to-day living easy and convenient.

Property History for 16 Palmerston St, Newstead, VIC 3462

A timeline of how this property has performed in the market
Last Sold
$555,000
28 Mar 2022
Listed for Rent
$280/w
12 Feb 2016
  • 24 Mar 2026
    Listed for Sale $625,000
  • 28 Mar 2022
    Sold for $555,000
  • 13 Dec 2016
    Sold for $294,000
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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 632 properties. Over the last 5 years, Houses in Newstead have seen a 29.98% increase in median value. As at 31 March 2026:

  • The median value for Houses in Newstead is $599,078 while the median value for Units is $598,765.
There are currently 2 properties listed for sale, and no properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 32 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.