6 Creswick-Newstead RoadNewstead VIC 3462
Property Details for 6 Creswick-Newstead Rd, Newstead
Last Listing description (December 2019)
Looking for a break from the everyday? Ever fantasised about owning your own pub? Then this is the opportunity you have been waiting for. Currently set up as a residence and zoned township, it makes a fantastic home or weekend getaway but could easily be reinvigorated as a hotel or holiday accommodation.
Affordable and in good nick, this historical building offers a flexible floor plan that currently houses three bedrooms with their own bathroom/laundry and kitchenette, light filled sitting room, cosy lounge with wood heater and access to one of the two bar areas, a large dining room with open fire place, office/study, commercial kitchen and pizza oven, cool room and multiple storage areas. The sitting room opens onto the enclosed courtyard for private outdoor entertaining and the site is a generous 2000sqm with approximately half as open space perfect for further development (STCA).
Well positioned on the Creswick Road overlooking Memorial Park and close to the Railway Arts Hub it is pivotal to the Central Goldfields and Daylesford Spa tourist regions and just over 90 minutes from Melbourne.
Property History for 6 Creswick-Newstead Rd, Newstead, VIC 3462
- 03 Oct 2019Sold for $465,000
- 22 Jul 2019Listed for Sale Not Disclosed
- 13 Oct 2017Listed for Sale Not Disclosed
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About Newstead 3462
The size of Newstead is approximately 46.7 square kilometres. There are 3 parks, covering nearly 21.1% of the 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 629 properties. Over the last 5 years, Houses in Newstead have seen a 10.16% increase in median value. As at 30 June 2026:
- The median value for Houses in Newstead is $604,989 while the median value for Units is $564,243.
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