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48 Panmure Street, Newstead VIC 3462

$620,000 | Serious Shedding

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$620k - $651k Transparent Transparent Listing Based on an openly advertised listing price.

House 2 Beds 1 Bath 2025 m² 96 m²

Listed: 1st Sep 2026

Updated: 4 hours ago

Overview

This inviting two-bedroom residence is positioned on a large 2,025 square meter allotment just under one kilometer from the centre of Newstead, offering a combination of character, generous space, and impressive shedding that suits a range of lifestyles.

The home maintains its original features such as decorative cornices and feature ceilings, contributing to a warm and welcoming atmosphere. Both bedrooms are spacious and fitted with built-in robes, ensuring ample storage. The functional layout includes a central bathroom, separate toilet, and a dedicated laundry to meet everyday needs practically.

Central to the home is a spacious kitchen and dining area with extensive cabinetry and a large bay-style window that bathes the space in natural light while overlooking established gardens. The separate lounge offers a cosy retreat featuring a stone fireplace and a wood heater, enhancing comfort and charm. An adjoining outdoor area extends living space for relaxation and enjoying the peaceful garden surrounds.

Beyond the living areas, the property's extensive shedding totaling approximately 164 square meters and substantial carport accommodation offers exceptional versatility. This is ideal for those requiring extra storage, workshop space, or shelter for vehicles, answering the needs of tradies, hobbyists, collectors, or anyone seeking generous space to spread out.

Outside, mature trees, lawns and established gardens create a tranquil, semi-rural backdrop that complements the land’s generous size and offers potential for further development or subdivision. Solar panels enhance sustainability and energy efficiency.

This property will appeal to buyers looking for a character-filled home with a countryside ambiance combined with practical living spaces and outstanding shedding options in Newstead's desirable location.

Local Market Insights

In Newstead, Quiet Listings observed 2 new houses entering the market over the last 30 days, down from 4 during the previous 30-day period, with an average advertised asking price of $625,000. The property type mix of listed properties is predominantly Houses at 67%, followed by land (33%). The most active agency for houses in the Newstead area is currently Belle Property, representing 50% of new listings, followed by Jellis Craig with 50%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.