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VIC › Castlemaine › Brown St

18 Brown St, Castlemaine VIC 3450

House

$1,050,000

Last sold

5 Mar 2026

5

Bedrooms

2

Bathrooms

2

Car spaces

1,201 m²

Land

210 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,050,000 (5 Mar 2026).(Recorded sale)
  • CalculationLand 1,201 m² against a 210 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Castlemaine (last 5 years) with land size: median $992/m² of land (n=149). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.
  • FactZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 (GRZ1) under the ZN.(Vicmap Planning · 1 Sept 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$1,050,000

5 Mar 2026 · 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.

See the full Castlemaine report →

Vs Castlemaine

+42.9%

Median sale

Suburb $735,000

-1.03 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 and development

Planning scheme

ZN

Zone

GENERAL RESIDENTIAL ZONE - SCHEDULE 1

GRZ1

Jurisdiction

Mount Alexander

Mount Alexander, VIC

Planning overlays

  • environmentalNot detected

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 1 Sept 2026
  • Version: 1
  • Parcel: 454730533

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$1,050,0005 Mar 2026
  2. Listedprice unknowncompleted7 July 2025
  3. Listedprice unknowncompleted7 July 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 1,203 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Knownmedium

    Zoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 1,203 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

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    Official parcel about 1,203 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

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Castlemaine in one glance

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.

See the full Castlemaine report →

Keep researching

  • Why Castlemaine? Read the area thesis →
  • What else is on the market in Castlemaine →
  • Other records on Brown St →

Listing material

Listed by Cantwell Property Castlemaine

Spacious Family Entertainer

Set on approximately 1201sqm (approx) in a quiet, elevated position, this expansive, newly built five-bedroom, two-bathroom home offers the ideal balance of modern country style and family-friendly living, just moments from the centre of Castlemaine.

Framed by a landscaped, north-facing front garden and a classic wraparound verandah, the home opens into a wide central hallway, revealing generous proportions throughout. Four of the five bedrooms feature built-in robes, while the main bedroom is a private retreat with a split system, walk-in robe, additional built-in storage, and a luxurious ensuite. The ensuite is thoughtfully designed with a bath, walk-in shower, vanity, and separate toilet. A spacious family bathroom mirrors this comfort, complete with a bath, walk-in shower, vanity, and a separate toilet with guest basin.

At the rear of the home, the open-plan kitchen, dining and living zone forms the heart of the home. The kitchen is a dream for entertainers, boasting a large stone-topped island bench, freestanding dual-fuel Belling cooker, dishwasher, fridge plumbing, and ample storage. A split system ensures comfort, while the adjoining dining area flows effortlessly to the elevated rear deck, offering leafy views across the garden and a majestic oak tree. The living area, warmed by a solid wood heater, also includes a discreet office space, perfect for remote work or study.

Read the full description

Designed for all-season enjoyment, the rear deck overlooks a secure backyard anchored by a magnificent mature oak tree, providing both shade and the perfect branch for a swing. Under-house storage, a secure 6m x 10m garage with power, a concrete floor and remote access is accessed via the side driveway, and a peaceful garden outlook all enhance liveability.

Additional features include partial double glazing, solar hot water, a well-appointed laundry with external access and built-in storage, and a floor plan that supports both everyday comfort and entertaining ease.

Ideally located in one of Castlemaine's most sought-after streets, this is an opportunity to secure a generously sized, modern home on a large block just minutes from local schools, shops, cafes, the train station and all the vibrancy of Castlemaine's town centre.

Listing description written by Tom Robertson, Cantwell Property Castlemaine — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Deck
  • Dishwasher
  • Ensuites: 1
  • Living Areas: 1
  • Outdoor Entertaining
  • Solar Hot Water
  • Study
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.