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 › Froomes Rd
$780,000
Last sold
28 Nov 2024
1
Bedrooms
1
Bathrooms
0
Car spaces
4,000 m²
Land
116 m²
Building
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
$780,000
28 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
+6.1%
Median sale
Suburb $735,000
-0.20 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
RURAL LIVING ZONE - SCHEDULE 1
RLZ1
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.
The official layer maps a bushfire risk zone on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.
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 RURAL LIVING ZONE - SCHEDULE 1 · RLZ1 (ZN). Official parcel area about 4,007 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. Official parcel about 4,007 m² — land size can look like optionality. What reduces it: BUSHFIRE MANAGEMENT OVERLAY. Bushfire-prone land can add BAL construction cost and tighten insurer appetite. 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 RURAL LIVING ZONE - SCHEDULE 1 · RLZ1 (ZN). Official parcel area about 4,007 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?
KnownlowOfficial parcel about 4,007 m² — land size can look like optionality. What reduces it: BUSHFIRE MANAGEMENT OVERLAY. Bushfire-prone land can add BAL construction cost and tighten insurer appetite.
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 Cantwell Property CastlemainePrivate and elevated in a tranquil bush setting, just a 5-minute drive from Castlemaine, this one-bedroom stone home features a stunning contemporary eco-addition from award-winning Lifehouse Design. Positioned in the highly sought-after Botanic Gardens precinct, this property perfectly blends modern living with nature's beauty.
Beautifully complementing its environment, this unique home features a spacious living room with crafted stone walls, a solid wood heater, gallery-style lighting, double doors to the front terrace with a wisteria-draped pergola, and an additional set of double doors opens to the 4.4m x 5.2m alfresco entertaining area, perfect for year-round entertaining. With a seamless transition, the striking Lifehouse Design addition beautifully contrasts the bunker-down warmth of the crafted stone home, with contemporary design fusing with nature and natural light. The north-facing kitchen and dining space features a stunning high-raked ceiling adorned with striking beams. Large double-glazed timber tilt-and-turn windows beautifully frame the landscape, and double doors lead out to a charming terrace, complete with a white wisteria pergola, perfect for al fresco dining. The chef-designed kitchen features an Esse wood fire cook stove, 900mm Smeg freestanding gas cooktop, an Ariston dishwasher, timber bench tops with plenty of storage, a split system and an island bench that provides additional storage with a commercial fridge. A generous walk-in pantry has shelving and a basin.
The spacious bedroom features a stunning timber-clad ceiling with exposed beams, creating a warm and inviting atmosphere. A ceiling fan and wall air conditioner ensure year-round comfort. External access to the covered alfresco area allows for seamless indoor-outdoor living with access to the internal courtyard, adding to the room's tranquil ambience. The Lifehouse-designed bathroom is a light-filled retreat with a generous walk-in shower, a timber built-in vanity, and a toilet. Large windows invite natural light, and the bathroom's access to the enclosed courtyard, which also connects to the garden, enhances its airy feel.
With views of the surrounding landscape, the 4000 sqm (approx) elevated private grounds have been designed and planted to encourage the Eltham Copper Butterfly. The predominately native garden with citrus and fruit trees includes quiet sitting areas, three water tanks for the garden, stone walling and a chook pen. The property has an A7 worm farm waste system (PT1800) for eco-friendly waste management.
This property combines the tranquillity of bush living with easy access to all the conveniences of Castlemaine. Just a stroll to the beautiful Castlemaine Botanic Gardens, the thrive of the Mill Markets, and a short drive into central Castlemaine additional retail and amenities and the train service to Melbourne or Bendigo. This unique property seamlessly blends modern design with natural beauty, offering an idyllic lifestyle in a serene bush setting.
Listing description written by Megan Walmsley, Cantwell Property Castlemaine — reproduced as published, not verified by Districts.