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.
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 18.40% increase in median value. As at 31 January 2026:
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