Nestled on a serene 4.384ha of level land at 68 Marshmeadow Road, Newstead, this freehold property is a rare gem in the lifestyle category. The 207sqm building, constructed in 2021 with mixed materials and an iron roof, boasts of a good wall and roof condition. It features 2 bedrooms, 3 carparks, and a modern layout with graduated stud heights and north-facing covered patio, perfect for seamless indoor-outdoor living. The property has seen a consistent capital value of $1,650,000, with a HouGarden AVM of $1,175,000 and a historical sale in 2019 for $650,000. The CV has maintained a stable growth rate, reflecting the property's enduring appeal.
With a decile 10 Newstead Model School and other reputable institutions nearby, this property is not just a home but an investment in quality education. The schools in the zone include Marian Catholic School (decile 7), Hillcrest High School (decile 7), and Berkley Normal Middle School (decile 8), ensuring a comprehensive educational journey for your family.
Enjoy the tranquility of a quiet cul-de-sac while appreciating the thoughtful details like industrial heat pumps, upgraded insulation, and extensive water storage. This property is a testament to the current owners' vision, offering endless opportunities for further development and a rewarding lifestyle.
Updated on June 19, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 1.87 km | 3 | 2 | 188m2 | Year 2024 Month 06 Day 21 | $1,000,000 | Council approved | |
 | 0.94 km | 4 | 2 | -m2 | Year 2024 Month 05 Day 31 | $1,500,000 | Council approved | |
 | 1.58 km | 5 | 2 | 330m2 | Year 2024 Month 02 Day 29 | $2,870,000 | Council approved | |
1.59 km | 5 | 240m2 | Year 2024 Month 01 Day 12 | $2,400,000 | Council approved | |||
 | 2.03 km | 5 | 233m2 | Year 2024 Month 01 Day 06 | $1,312,000 | Council approved |