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 › Johnstone St
$755,000
For sale
Asking
3
Bedrooms
1
Bathrooms
1
Car spaces
791 m²
Land
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
Asking
$755,000
Asking · $954/m² of land
No recorded sale for this property.
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
+2.7%
Median sale
Suburb $735,000
-0.09 pp
Gross yield
Suburb 3.45%
Suburb median $735,000 from 95 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$45,941 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Castlemaine's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
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
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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.
Gross yield if leased at the suburb aggregate is 3.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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 For Sale By OwnerThe Phone Code for this property is: 57013. Please quote this number when phoning or texting.
Glen Airlie is a classic 1897 Miner's Cottage fully restored to respect its Victorian beginnings, with purposeful environmental upgrades.
Situated on the historic tree lined street which connects Castlemaine to the townships of Campbells Creek, Guildford and beyond this property balances convenience with a captivating connection to a flowing creek and serene natural landscape via the terraced rear garden.
Heritage Features:
* High decorative ceilings with ornate plasterwork
* Sympathetically restored Victorian miner's cottage with iron lacework, a cottage garden, elevated verandahs to the from and rear
* Dado panelling.
* Marble fireplace with open fireplace in the lounge room.
* Victorian timber panelled doors with authentic Victorian brass fittings
* Decorative glass to entrance hallway.
Upgraded Features:
Relocated to its current site in the late 1990's , fully restored with new roof, stumps, wiring, plumbing, chimney and insulation - compliant with modern building standards
The original Victorian sash windows are now retrospectively double glazed delivering:
* A year-round thermal efficiency upgrade without compromising its period character.
* Future-proofing the home to ensure lowered energy bills
* Up to 50% reduction in heat loss in winter
* Heat in summer reduced by 70%, particularly in the north facing sitting room, well protected from UV light.
* Peaceful interior - acoustic insulation at its finest
* Added security of toughened windows.
* Solar panels - reducing energy costs further with scope to upgrade.
Zoned Heating options include an upgraded efficient gas ducted heating unit, an open fireplace for cosy nights in the sitting room, and reverse cycle air conditioning in the dining/family room.
3 equal sized bedrooms (one currently used as a home office space) all have floor to ceiling BIR's providing generous overhead storage.
Utility spaces include a north facing light and bright bathroom with separate shower and bath, toilet and storage. A second toilet is located next to the laundry.
The home has an abundance of smart storage including two hallway linen cupboards.
The country-style kitchen has practical features which will appeal to passionate cooks. The under-bench storage, has been thoughtfully designed so that all kitchenware is fully accessible. Granite topped bench surfaces and high quality European appliances including a duel fuel Ilve stove with triple glazed oven, and overhead extractor fan, vented to the outdoors. A Miele dishwasher and pantry completes the focus on functionality.
The elevated garden view from the kitchen window beckons outwards toward a commanding landscape. The adjoining dining/family room has direct access via French doors to the undercover full-length balcony and a paved area for al fresco dining.
The generous driveway leads to the carport, which allows sheltered access to the home via the side door. The long driveway allows an additional 3 tandem off-street parking spaces. A garden shed with power connected is conveniently located behind the carport.
The sloping block is generous at 791sq metres, landscaped with stone and brick feature garden beds. There is a fully fenced grassed area for pets, and terraced levels make this well-designed garden easy to maintain, serving also to completely mitigate any mapped flood risk.
Beyond the fenced area, reveals a tranquil retreat where the land joins the lower bank of Campbell's Creek. The gentle sound of flowing water, and the natural flood plain reserve beyond creates a shady restorative private space to enjoy an abundance of native bird life and nesting platypus in season.
Location:
* 2km to Castlemaine CBD
* 1.9km to the Historic Campbells Creek Merchant Cafe, and the award winning Five Flags Hotel restaurant famed for its history, atmosphere, great meals using local produce.
* 0.6 km to the best recyclers in the shire - the Good Op Shop and the Salvage Yard - for restoration projects
* 1.7km Weekday local farmers market at Camp Reserve
* 2 minute drive to Castlemaine Railway Station.
For those in search of a sustainable, mindful lifestyle with historic town conveniences there is ample room for growing food, raised garden beds, and chickens.
Viewings are by private inspection only.
Viewing days Saturdays or as arranged by interested parties.
Times frames 10.30 - 3..00pm
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Listing description written by For Sale By Owner (VIC), For Sale By Owner — reproduced as published, not verified by Districts.