Castlemaine at a glance
7,306
People
$735,000
Median sale
$488/wk
Median rent
3.45%
Suburb gross yield
Median sale from 95 recorded sales (last 12 months) — a Districts calculation.
VIC › Castlemaine › Gingell St
$960,000
Last sold
13 Nov 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
977 m²
Land
100 m²
Building
Districts View
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
$960,000
13 Nov 2025 · derived via latest_sale
Local land rate: recorded House sales in Castlemaine (last 5 years) with land size have a median of $992/m² of land (n=149). Districts calculation from recorded sales — not a valuation.
Castlemaine at a glance
7,306
People
$735,000
Median sale
$488/wk
Median rent
3.45%
Suburb gross yield
Median sale from 95 recorded sales (last 12 months) — a Districts calculation.
Vs Castlemaine
+30.6%
Median sale
Suburb $735,000
-0.81 pp
Gross yield
Suburb 3.45%
Suburb median $735,000 from 95 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
Mount Alexander
Mount Alexander, VIC
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
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 979 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $488/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. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 979 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
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?
KnownmediumOfficial parcel about 979 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Castlemaine at a glance
7,306
People
$735,000
Median sale
$488/wk
Median rent
3.45%
Suburb gross yield
Median sale from 95 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Belle Property Bendigo | Castlemaine | MaldonSet high on a leafy laneway with sweeping views across the valley, township, and Mt Alexander, Palm Grove is a rare offering- an enchanting 1850s brick cottage surrounded by beautifully planted gardens and thoughtfully reimagined for modern, sustainable living. With a north facing deck and pergola, manicured grounds, and a single garage complete with Zappi car charger, this home provides heritage appeal without compromise.
Inside, the home reveals a main living zone where its original character is proudly on display. Period details have been thoughtfully retained and celebrated, from delicate snippets of the original wallpaper to the former kitchen fireplace, now preserved behind glass as a striking feature. The large dining room offers an inviting setting for family meals and entertaining, flowing through to the updated country style kitchen. Here, timber benchtops and modern cabinetry combine with electric cooking to deliver both charm and functionality. In this same zone, the cosy sitting room provides a warm place to relax, anchored by the home's history and thoughtful design. Three bedrooms offer comfortable retreats, supported by a newly completed bathroom, separate wc, and a well designed laundry.
Palm Grove carries a rich history. Built in the late 1850s, its separate kitchen was joined to the original four roomed cottage in the 1880s. The house was re-roofed in the early 20th century, evolving over generations while retaining its charm. In 2013, a major renovation repurposed original materials and elevated the home to a new standard, culminating in a Sustainability Award for a heritage building from the Mount Alexander Shire Council and the National Trust in 2014.
Today, sustainability sits at the core of this home. Extensive insulation to walls, underfloor and roof, double glazing throughout, air sealing, and an advanced air change system ensure energy efficiency and year round comfort. A 10kW solar array, solar hot water with gas boost, heat pump hydronic heating, and a slow combustion wood heater deliver modern convenience with a light footprint.
Outdoors, layered plantings, stone paths, and private sitting pockets surround the cottage, offering both privacy and beauty. Whether enjoying the valley outlook from the north facing deck or simply soaking in the peaceful atmosphere, Palm Grove is a property of rare quality- where Castlemaine's early history meets sustainable design.
Listing description written by Rob Waller, Belle Property Bendigo | Castlemaine | Maldon — reproduced as published, not verified by Districts.