4 Racecourse Road, Newstead, VIC 3462 | Property Value & History | OnTheHouse
OFF MARKET

4 Racecourse Road
Newstead VIC 3462

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2024m2
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Last updated 3 Mar 2025
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Property Details for 4 Racecourse Rd, Newstead

Building Type
Land
Land Size
2024m2
Local Government
Mount Alexander
Lot/Plan
6~11A/PP5594

Last Listing description (October 2024)

Midway between Castlemaine and Daylesford and only 10 minutes from historic Maldon, picturesque Newstead Village is the perfect location for this beautiful 2,024m (0.5 acre) residential block. Minutes from Newstead's general store, post office, primary school, pub and cafes and within the Township Zone, the block is fenced on three sides, has all services to the boundary and is ready to build on with your own design STCA. A handy bonus is a large custom-built gal shed already in place. On a concrete pad and with 3 phase power nearby, plus a rainwater tank, the shed offers excellent storage space for building materials, boat or caravan and once your dream home is built and you're new life is in full swing, the shed lends itself to excellent workshop or tradie space. Lifestyle blocks of this size within Township Zones are increasingly hard to come by. Newstead's reputation as a quiet, conveniently located family-friendly village has made it one of the region's most sought-after lifestyle destinations. This is an opportunity too good to miss.

Property History for 4 Racecourse Rd, Newstead, VIC 3462

A timeline of how this property has performed in the market
Last Sold
$300,000
13 Nov 2024
  • 13 Nov 2024
    Sold for $300,000
  • 23 Jul 2024
    Listed for Sale $320,000
  • 28 Jul 2020
    Listed for Sale $235,000
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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.
There are currently 3 properties listed for sale, and no properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 25 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.