59 Lyons St, Newstead is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 2021m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in August 2024.
This period three-bedroom home on a corner allotment on 2021 sqm (approx) township-zoned land with no overlays and the potential for sub-division (STCA) makes for a perfect investment or foot-in-the-door real estate opportunity.Walk into the living room with an ornate plaster ceiling and an open fireplace with brick surround. A central hall leads to a second living/ dining space with a solid wood heater. The kitchen provides period-style cabinets, a wood-burning stove, and a freestanding electric cooktop with an oven. Three generous bedrooms have high ceilings and pressed metal feature walls, and a central bathroom features a vanity and a shower over a bath. To the rear of the home is a north-facing sunroom with external access, a separate toilet and a laundry. Updates include newly laid carpet. Externally, the near-level 2021 sqm (approx) property has a 7.6m x 6.1m shed, a 7.5m x 2.9m workshop and a low-maintenance garden. Sited adjacent to Newstead Park, the property is a short walk of the Newstead township, providing a primary school, an outdoor swimming pool, a supermarket, a butcher, a caf, and a pub and a 15-minute drive into Castlemaine for additional retail and amenities.
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:
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