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Lot 1/108 Galatea Road, Newtown$405,000
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Lot 1/108 Galatea Road

Newtown, VIC 3351, Australia
$390,000 – $420,000
1.62 ha

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About this property

Positioned in a peaceful and picturesque rural setting, these versatile blocks offer an exceptional opportunity to secure lifestyle land with stunning natural surrounds and future home potential (STCA). Now subdivided into two separate titles, each parcel presents its own unique appeal while sharing the beauty of the Woady Yaloak River valley. 124 Galatea Road- Approx. 8 acres Featuring a prime elevated homesite capturing sweeping valley views, this larger allotment provides ample space for a substantial home, shedding, and hobby farming pursuits. 108 Galatea Road- Approx. 4 acres A well-proportioned lifestyle block offering a manageable land size, ideal for building a country home or weekend retreat (STCA). Both blocks offer elevated positions near the road, while the land gently slopes down toward the river flats, creating a scenic and functional landscape. The fenced pasture is well suited for grazing livestock or keeping a pony. Key Features: • Two separately titled lifestyle lots • 124 Galatea Rd: approx. 8 acres • 108 Galatea Rd: approx. 4 acres • Rural Living Zone (RLZ) • Elevated homesites with expansive valley views (STCA) • Gently undulating land leading to river flats • Fenced pasture suitable for grazing • Power available in the area • Surrounded by quality homes A huge advantage and complementing this Property is a valuable 5-megalitre water licence currently held. This Woady Yallock waterhole has a strong history of supplying water - and providing a dependable resource for stock, Irrigation or future lifestyle uses. This Licence can be transferred to either block. Conveniently located just 10 minutes to Smythesdale and approximately 25 minutes from Ballarat, with Newtown (Scarsdale) Primary School nearby, these properties offer the perfect balance of rural lifestyle and accessibility. Whether you're looking to build your dream home, establish a hobby farm, or invest in a peaceful country holding, this is an opportunity not to be missed. Enquire today to secure your rural lifestyle opportunity. Ballarat's Best-Selling Team

Property Details

Property Type
land
Listing Type
For Sale
Land Area
1.62 ha
Listed
3 months ago

Repayment calculator

$1,963/month
$982 /fortnight
Loan $324,000 at 6.10% over 30 years

Upfront costs

Deposit$81,000
Stamp duty$19,370
Conveyancing (est.)$2,000
Total upfront$102,370
Verify with VIC revenue office →
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Neighbourhood

Living in Newtown

This land in Newtown, VIC 3351 sits within reach of public transport, local shops and nearby schools. It is listed 10% below the $450,000 median of 18 comparable landswithin 5 km.

Schools near Newtown

  • Geelong Grammar School - Bostock House Campuscombined
  • Geelong Lutheran College - St John's Newtown Campuscombined
  • The Geelong Collegecombined · Prep-12 · CoEd
  • The Geelong College Preparatory Schoolcombined
  • Chilwell Primary Schoolprimary · Prep-6 · CoEd
  • Fyans Park Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Roebuck Street (bus)79.2 km away
  • Hello World78.9 km away
  • Unnamed78.0 km away
  • Sparrow Park78.3 km away
  • L.J. Keavy Park78.4 km away

Newtown at a glance

Full suburb profile
Population
10,445
Median age
40
Household income
$2,092/wk
Median rent
$360/wk
Median mortgage
$2,167/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Newtown price trend

Median sold · House 3 bed

Compound growth -1.0% / yr over 4 yrs

$985kcurrent median

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Price history

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1 price change recorded for this property

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