Newstead VIC 3462
Newstead is in Mount Alexander LGA, VIC, postcode 3462, with population 820.
Strong evidence
Newstead has enough direct local evidence for a first-pass decision.
Direct signals include Property prices, Market rent, Crime, and Schools. Missing or weaker areas are still shown so the page does not overstate precision.
Gross rent yield screens at about 4.3%. LGA fallback rent. Compare against suburb-level records before treating this as a precise suburb signal.
Open matching rent ranking →76 latest-year approvals in Mount Alexander, +0.0% YoY; population +1.1% YoY (1.0% 5yr).
Open development signals →Save suburbs here while you browse. Once the shortlist has two or more names, hand it straight into compare.
No saved AU suburbs yet.
No saved suburbs yet. Start with one ranking or suburb page, then compare once you have two candidates.
Open rankings to save the first candidates.
QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.
Manual release files parsed into suburb prices
Use current rent as a starting signal, not as a fixed underwriting truth.
Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.
Rent-led investor candidate
Gross rent yield screens at about 4.3%. Snapshot rent $495/wk.
LGA fallback rent. Compare against suburb-level records before treating this as a precise suburb signal.
Newstead has enough direct local evidence for a first-pass decision.
Direct signals include Property prices, Market rent, Crime, and Schools. Missing or weaker areas are still shown so the page does not overstate precision.
Use compare to test the suburb against another candidate, then validate financial assumptions in the calculator where available.
Property prices, Market rent, Crime, Schools
No fallback or lower-precision signals flagged.
Hospitals
Newstead currently reads as a affordability-first candidate.
Entry price sits in the lower-cost range for a first-pass screen. Small local population makes the signal set more fragile.
Compare it against a contrasting suburb before turning it into a decision.
Entry price sits in the lower-cost range for a first-pass screen.
Small local population makes the signal set more fragile.
No decisive evidence gap was detected from the current inputs.
Compare-ready
- Buyers want a quick sense of price, schools, and neighbourhood scale before getting lost in data.
- Investors want to know whether rent, yield, and affordability broadly support the suburb story.
- Researchers want one place that ties property, demographics, transport, and services together.
Price history
Full data detail
Newstead VIC
Newstead is a small community in Victoria within the Mount Alexander local government area (postcode 3462). With a population of 820, the suburb has a mature demographic with a median age of 51. Households earn a median income of $57K per year, with an average household size of 2.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.1% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, technicians & trades. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Irish.
The median house price in Newstead is $600,000, having declined 4% over the past year. The current median weekly rent is $495. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $1,300.
Newstead is served by 1 school, including 1 primary. The average ICSEA score is 1041, which is around the national average of 1,000. Public transport access includes 2 rail stations, 2 bus stops. The crime rate in the Mount Alexander LGA is moderate at 6,930 incidents per 100,000 population.
From an investment perspective, Newstead offers a gross rental yield of 4.3%, rated as moderate yield. Property prices sit below the state median ($600K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 10.4x is considered stretched. House prices have moved -4.0% year-on-year. Population growth of +1.1% year-on-year indicates stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
Newstead is a small community in Victoria within the Mount Alexander local government area (postcode 3462). With a population of 820, the suburb has a mature demographic with a median age of 51. Households earn a median income of $57K per year, with an average household size of 2.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.1% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, technicians & trades. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Irish.
The median house price in Newstead is $600,000, having declined 4% over the past year. The current median weekly rent is $495. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $1,300.
Newstead is served by 1 school, including 1 primary. The average ICSEA score is 1041, which is around the national average of 1,000. Public transport access includes 2 rail stations, 2 bus stops. The crime rate in the Mount Alexander LGA is moderate at 6,930 incidents per 100,000 population.
From an investment perspective, Newstead offers a gross rental yield of 4.3%, rated as moderate yield. Property prices sit below the state median ($600K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 10.4x is considered stretched. House prices have moved -4.0% year-on-year. Population growth of +1.1% year-on-year indicates stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
Newstead FAQ
Common questions-
What LGA is Newstead in?
Newstead is in the Mount Alexander Local Government Area, VIC, postcode 3462. Council-level context for Mount Alexander LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.
-
What is the median house price in Newstead?
The current median house price in Newstead, VIC is $600K, based on the latest available sales data from state Valuers General offices and ABS Data by Region.
-
What is the typical weekly rent in Newstead?
The median weekly rent in Newstead is $495/wk, based on the current market rent dataset. The current rent signal is rent-led investor candidate.
-
What does the rent signal say about Newstead?
Rent-led investor candidate: Gross rent yield screens at about 4.3%. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.
-
Is Newstead a good investment?
QuickProperty's investment signals for Newstead show: Moderate Yield, Below Median, Stretched. These are computed from price, rent, income, and population data — not an opaque score.
-
Where does QuickProperty get its data for Newstead?
Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.
-
How often is the Newstead data updated?
Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.