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10 Lyons Street, Newstead VIC 3462

$450,000 | Central. Spacious. Potential.

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$450k - $473k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 3 Cars 1047 m² 105 m²

Listed: 37 days ago

Updated: 4 hours ago

Overview

Situated centrally in the town of Newstead on a prominent corner, this weatherboard home sits on a generous allotment of approximately 1,047 square metres, presenting a rare opportunity to renovate, expand or redevelop, subject to council approval. The substantial land size offers a notable rear yard space, perfect for creating lush garden areas that enhance the property's character and provide privacy and outdoor enjoyment.

The home itself boasts a flexible layout with large rooms that include a welcoming lounge featuring a traditional brick fireplace, which not only adds to the aesthetic appeal but also provides cozy warmth. The country-style kitchen overlooks the expansive rear yard, inviting an indoor-outdoor lifestyle with views of the established gardens and mature trees. Abundant natural light floods through large windows throughout the residence, creating a bright and airy atmosphere.

Additional living space is provided by a separate enormous family room, complementing the existing rooms and offering versatility for families or those needing room for hobbies or work-from-home arrangements. The property also includes practical elements such as a central bathroom with laundry facilities, secure parking via a generous garage and carport, and an additional shed/workshop, making it ideal for storage, projects or further enhancement.

This property is well positioned within easy walking distance to the local general store, supermarket, cafes, hotel, and recreational amenities, combining convenience with a peaceful village lifestyle. It presents an excellent proposition for buyers seeking a project, investors looking for potential, or anyone wanting a substantial land parcel in a charming community setting.

Approx. 1,047m² allotment providing impressive outdoor space
Three-bedroom home with scope for renovation and improvement
Large living/dining area with original brick fireplace
Spacious country-style kitchen overlooking rear yard
Central bathroom and laundry for functionality
Established gardens and mature trees offer privacy and character
Ample parking with 7.2m x 3.7m garage and 6.2m x 3.7m carport
Additional 2.9m x 3.5m shed/workshop for projects or storage
Approx. 105m² house floor size
Convenient location in the heart of Newstead

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.