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 › Wheeler St
$550,000
Last sold
14 Nov 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
1,021 m²
Land
92 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
$550,000
14 Nov 2024 · 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
-25.2%
Median sale
Suburb $735,000
+1.16 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 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.
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.
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 Cantwell Property CastlemaineTakumuna, Aboriginal for "House on the Rise," is a late Victorian three-bedroom double-fronted home with a bullnose verandah and lace fretwork. Elevated from the street, the generous sized 1021 sqm (approx) property is within a 650m stroll of the hub of the Castlemaine entertaining, retail, restaurant, and business precinct. Takumuna offers the potential opportunity to restore, renovate, and expand (STCA) to make this period property on the rise your dream home.
Private from the street, steps lead to a front verandah with lovely views of the surrounding landscape and the township of Castlemaine. The floorplan features a central hall leading to a central north-facing living room with a raked ceiling, an open fireplace with a brick surround, and a ceiling fan, two front-facing bedrooms with high ceilings and views of Castlemaine, and a third bedroom with shelving and a raked ceiling. To the rear of the home is the kitchen with dining with outlooks of the back garden. In its current condition, the kitchen provides a freestanding gas cooktop and oven. Completing the floorplan is a laundry with external access, a bathroom with a shower over the bath, a vanity, and a separate toilet. Updates to the property include ducted heating, period details being high ceilings, timber cladding, ornate plasterwork, double hung and 6 x 6 windows.
A driveway leads to a large 6m x 9m two-roller door garage with a concrete floor and power. The fenced back garden includes a water tank, a low-maintenance garden, a large established Liquidambar tree that adds a touch of stunning autumn colour, and the perfect tree house!
This charming period home on the rise offers a perfect canvas with incredible potential and with just a little love will it be your dream home?
Listing description written by Nick Haslam, Cantwell Property Castlemaine — reproduced as published, not verified by Districts.
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