5 Burgess Ct, Newstead is a 4 bedroom, 3 bathroom House with 3 parking spaces and was built in 1995. The property has a land size of 4183m2 and floor size of 216m2. While the property is not currently for sale or for rent, it was last sold in September 2016.
This is a unique property that offers its new owner lots of options. The main residence is a large four bedroom double story mudbrick home. There are two bedrooms downstairs and a further two upstairs. The two levels of the home have been designed to work together as a large family home or separately, and could be let out to two separate tenants. Both levels have a large living area, kitchen and bathroom. Downstairs there is a separate dining room, laundry and access to the huge undercover and paved entertaining area. There are a few finishing touches to be added to the home but all the hard work has been completed. The nearby double story studio has a great northerly aspect, is light filled and a great space. It could be a great residence, art studio or possible BnB STCA. It has a kitchenette, bathroom and a further covered entertaining area. The property is set on 1 acre with town services connected, a 5 minute walk to the local school and the centre of town, and a 5 minute drive to Castlemaine Steiner School. There is also a double carport, 3 x 6 metre workshop and a 3 x 3 metre garden shed. Fruit trees, raised veggie gardens and further subdivision potential is here for the taking. This unique property will sell quickly.
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:
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