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VIC › Castlemaine › Montgomery St

20 Montgomery St, Castlemaine VIC 3450

House

$785,000

Last sold

5 Nov 2025

3

Bedrooms

1

Bathrooms

1

Car spaces

411 m²

Land

106 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 $785,000 (5 Nov 2025).(Recorded sale)
  • CalculationRecorded House sales in Castlemaine (last 5 years) with land size: median $983/m² of land (n=149). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • 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

$785,000

5 Nov 2025 · derived via latest_sale

Local land rate: recorded House sales in Castlemaine (last 5 years) with land size have a median of $983/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

+6.8%

Median sale

Suburb $735,000

-0.22 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: 422866094

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$785,0005 Nov 2025
  2. Listedprice unknowncompleted28 Sept 2025
  3. Listedprice unknowncompleted28 Sept 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 411 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 411 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

    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 Montgomery St →

Listing material

Listed by Cantwell Property Castlemaine

Sustainable Living with Elevated Views

Set high above Moonlight Flat with uninterrupted views across Happy Valley, this contemporary build is a masterclass in passive solar design and sustainable living. With a 7-star energy rating, thoughtful architecture, and quality finishes throughout, this home offers the perfect blend of modern comfort, eco-conscious design, and country lifestyle, just a short walk from the heart of Castlemaine.

Designed for Living Lightly

This three-bedroom home is positioned on a low-maintenance allotment with a native garden, single carport with internal access, and under-deck storage. The north-facing living area and verandah invite natural light and warmth, creating a serene space to enjoy the surrounding landscape.

Read the full description

Inside, the open plan kitchen, living, and dining area is framed by high raked ceilings, double-glazed windows, and timber benchtops. The kitchen features a BORA induction cooktop with integrated ventilation, an undermount oven, and quality European appliances, all designed for efficiency and style.

Comfort Meets Sustainability

> 3.12kW integrated solar system

> Heat pump hot water system

> LED lighting throughout

> Mitsubishi reverse cycle unit

> Insulation to walls, ceilings and subfloor

> Colorbond and timber cladding for durability and aesthetic appeal

Flexible Floorplan & Practical Features

> Two bedrooms with built-in robes

> Third bedroom or home office

> Central bathroom with walk-in shower, above-counter basin, and separate toilet

> Second toilet with basin

> European laundry

> Water tank for garden use

Lifestyle at Your Doorstep

Enjoy direct access to the Leanganook Walking Track, with scenic walks to Chewton, Golden Point Reservoir, or into Castlemaine. The Wesley Hill Market is just a short stroll away, and the area is perfect for bike riding, nature walks, and embracing the practicality of town life with the peace of the countryside.

With its elevated position overlooking land that will never be built upon, this home offers an opportunity to live sustainably without compromising on comfort or connection to nature.

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

Property features

  • Built-in Robes
  • Deck
  • Floorboards
  • Living Areas: 1
  • Outdoor Entertaining
  • Solar Panels
  • Toilets: 2
  • Water Tank
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.