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 › William St
$630,000
Last sold
9 June 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
Districts View
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
$630,000
9 June 2026 · derived via latest_sale
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
-14.3%
Median sale
Suburb $735,000
+0.58 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.
The official layer maps a flood zone on this parcel, intersecting about 95.7% of it (Vicmap Planning, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.
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 400 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks constrained (often the rear or handle of the lot). 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.
95.7% of the official parcel intersects the loaded flood overlay. Layer: LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 1. Also mapped: FLOODWAY OVERLAY - SCHEDULE 1 (4.1% of the parcel). That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote. Flood overlay on a material share of the lot can kill a rear-lot or battleaxe subdivision story. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. The listing may look cheap relative to land or the street. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 2; LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 1; FLOODWAY OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. 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. Flood on or flagged for this lot can discount tenant demand versus a dry comparable.
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
This looks more like a hold-as-is house than a development site. Flood on the lot is the first thing to price.
Detail
The listing may look cheap relative to land or the street. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 2; LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 1; FLOODWAY OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Nearby competing dwellings and net yield are still unknown.
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.
4 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 400 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks constrained (often the rear or handle of the lot). 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?
KnownmediumThe listing may look cheap relative to land or the street. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 2; LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 1; FLOODWAY OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
Knownmedium95.7% of the official parcel intersects the loaded flood overlay. Layer: LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 1. Also mapped: FLOODWAY OVERLAY - SCHEDULE 1 (4.1% of the parcel). That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote.
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 Cantwell Property CastlemaineThis stylish three-bedroom, two-bathroom townhouse is the perfect blend of modern convenience and low-maintenance living just moments from Castlemaine's vibrant town centre.
The light-filled open-plan kitchen and dining area features a 900mm stainless steel gas cooktop, electric oven, dishwasher, and a walk-in pantry-perfect for cooking and entertaining. Climate comfort is covered year-round with split system heating and cooling in the living zone and gas-ducted heating throughout the home. The home has a spacious main bedroom with a walk-in robe and private ensuite and two additional bedrooms, both generously sized and fitted with built-in robes, which provide comfort for family or guests. Sustainability meets practicality with an integrated solar system helping to reduce energy costs and a rainwater tank for garden use.
Outside is a fully fenced, low-maintenance yard with a covered alfresco area, ideal for relaxed weekend entertaining. A single lock-up garage provides secure off-street parking.
The property is within walking distance of Castlemaine's shops, cafés, amenities, and the train station with services to Melbourne and Bendigo. Plus, for train enthusiasts, the iconic Historic Steam Train Railway is on your doorstep. It's ideal for children as there's no drive-by traffic, enhancing safety, and it's surrounded by lots of open space to run and play. Whether you are a first-time home buyer, downsizer, or savvy investor, this modern townhouse presents an exceptional opportunity in a prime location.
Listing description written by Michael Cantwell, Cantwell Property Castlemaine — reproduced as published, not verified by Districts.