Newstead at a glance
5,638
People
$742,500
Median sale
$548/wk
Median rent
3.84%
Suburb gross yield
Median sale from 57 recorded sales (last 12 months) — a Districts calculation.
TAS › Newstead › Riverdale Grove
$785,000
Last sold
18 July 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
827 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$785,000
18 July 2025 · derived via latest_sale
Local land rate: recorded House sales in Newstead (last 5 years) with land size have a median of $1,026/m² of land (n=93). Districts calculation from recorded sales — not a valuation.
Newstead at a glance
5,638
People
$742,500
Median sale
$548/wk
Median rent
3.84%
Suburb gross yield
Median sale from 57 recorded sales (last 12 months) — a Districts calculation.
Vs Newstead
+5.7%
Median sale
Suburb $742,500
-0.21 pp
Gross yield
Suburb 3.84%
Suburb median $742,500 from 57 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
TASPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $548/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Newstead at a glance
5,638
People
$742,500
Median sale
$548/wk
Median rent
3.84%
Suburb gross yield
Median sale from 57 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bushby CreeseNestled within a tightly held and highly sought-after pocket of Newstead, this beautiful home enjoys a peaceful position and a stunning easterly facing aspect towards the mountains and beyond.
Offering a perfect balance of character and comfort, the property retains period charm while presenting a fresh, contemporary interior designed for effortless family living.
The home features numerous light-filled living spaces, including a generous open-plan lounge and dining area that extends seamlessly to a superb split-level entertaining deck via glass sliding doors. A separate formal lounge and dining room provide additional flexibility for families and guests.
Bathed in sunlight, the outdoor area boasts elevated suburban views from the expansive deck, and a jacuzzi on the lower level, perfect for relaxing or entertaining in style in a private setting.
The kitchen is located at the heart of the home and comes fully equipped with quality appliances. Ample storage is provided, complemented by solid countertops, with a breakfast bar, and a charming nook for casual meals.
Three to four generously proportioned bedrooms each include built-in wardrobes, with the privately positioned master bedroom offering its own ensuite.
The centrally located main bathroom features an over-bath shower and vanity, with a separate toilet nearby. A spacious laundry offers additional storage and functionality and enjoys direct outdoor access.
A landscaped backyard creates a lush and leafy retreat with manicured lawns, established trees, and native gardens. Fully fenced, the space offers a safe setting for children and pets, while the front garden adds to the home's attractive street presence.
Additional features include reverse-cycle air conditioning, electric panel heating, a single garage, a carport, and ample off-street parking within the driveway.
Ideally situated within walking distance to leading schools such as Scotch Oakburn College, supermarkets, cafés, restaurants, and essential amenities, this impressive home offers a wonderful opportunity to secure an exceptional property in the heart of the ever-popular family suburb of Newstead.
Listing description written by George Bushby, Bushby Creese — reproduced as published, not verified by Districts.
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