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VIC › Kyneton › Castles Cres

23 Castles Cres, Kyneton VIC 3444

House

$650,000

Last sold

15 Sept 2025

3

Bedrooms

1

Bathrooms

2

Car spaces

832 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $650,000 (15 Sept 2025).(Recorded sale)
  • FactLand 832 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Kyneton (last 5 years) with land size: median $913/m² of land (n=101). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 11 (NRZ11) under the ZN.(Vicmap Planning · 1 Sept 2026)

What could make it worth less?

  • FactENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 4 intersects 99.8% of this parcel.(Vicmap Planning · 1 Sept 2026)
  • FactPROTECTED SETTLEMENT BOUNDARY intersects 99.8% of this parcel.(Vicmap Planning · 1 Sept 2026)

What should you verify next?

  1. 1ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 4 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2PROTECTED SETTLEMENT BOUNDARY affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  3. 3No 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

$650,000

15 Sept 2025 · derived via latest_sale

Local land rate: recorded House sales in Kyneton (last 5 years) with land size have a median of $913/m² of land (n=101). Districts calculation from recorded sales — not a valuation.

Kyneton at a glance

7,657

People

$840,000

Median sale

$524/wk

Median rent

3.24%

Suburb gross yield

Median sale from 51 recorded sales (last 12 months) — a Districts calculation.

See the full Kyneton report →

Vs Kyneton

-22.6%

Median sale

Suburb $840,000

+0.95 pp

Gross yield

Suburb 3.24%

Suburb median $840,000 from 51 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 11

NRZ11

Jurisdiction

Macedon Ranges

Macedon Ranges, VIC

Planning overlays

  • PROTECTED SETTLEMENT BOUNDARYDetected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 1 Sept 2026
  • Version: 1
  • Parcel: 5032270

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$650,00015 Sept 2025
  2. Listedprice unknowncompleted9 July 2025
  3. Listedprice unknowncompleted9 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 NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 11 · NRZ11 (ZN). Official parcel area about 866 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. Official parcel about 866 m² — land size can look like optionality. What reduces it: ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 4; PROTECTED SETTLEMENT BOUNDARY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. 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 $524/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 NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 11 · NRZ11 (ZN). Official parcel area about 866 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?

    Knownlow

    Official parcel about 866 m² — land size can look like optionality. What reduces it: ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 4; PROTECTED SETTLEMENT BOUNDARY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

  • 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

Kyneton in one glance

Kyneton at a glance

7,657

People

$840,000

Median sale

$524/wk

Median rent

3.24%

Suburb gross yield

Median sale from 51 recorded sales (last 12 months) — a Districts calculation.

See the full Kyneton report →

Keep researching

  • Why Kyneton? Read the area thesis →
  • What else is on the market in Kyneton →
  • Other records on Castles Cres →

Listing material

Listed by PRD Bendigo

Charming Family Home with Shed & Alfresco Space

Positioned in a quiet and family-friendly crescent, this inviting brick veneer home offers a practical and beautifully presented layout with exceptional outdoor features - including a large shed, alfresco entertaining, and solar power for added efficiency.

Step inside via the welcoming front verandah and into the spacious living area, bathed in natural light and offering garden views through large windows. A ceiling fan, neutral tones, and plush carpeted floors make this space both comfortable and stylish.

The heart of the home is the country-style kitchen, complete with timber benchtops, classic shaker cabinetry, a 900mm freestanding oven with gas cooktop, and two separate pantries for ample storage. The kitchen flows effortlessly into a bright and airy dining space with outlooks to the backyard.

Read the full description

There are three well-proportioned bedrooms, each with built-in robes and ceiling fans. The master bedroom has ensuite-style access to the central bathroom, featuring a full-sized bathtub, vanity, and separate toilet - all conveniently positioned for family living.

Additional internal highlights:

• Ducted evaporative cooling and ceiling fans throughout

• Dedicated laundry with external access

• Large pantry and generous storage throughout

• Quality finishes and updated interiors

Outside, the expansive undercover patio is perfect for entertaining, with plenty of room for dining, relaxing, or supervising kids on the play equipment. The low-maintenance yard also includes a fully powered 3-bay shed - ideal for tradies, tinkerers, or additional storage needs.

Adding to its appeal, the home features a ramp at the front entrance for easy access and a rooftop solar system to help reduce energy costs year-round.

Conveniently located just minutes from local schools, shops, Kyneton's vibrant town centre, and the Calder Freeway, this home is a complete lifestyle package with space, character, and practicality.

Key Features:

• 3 bedrooms with BIRs and central bathroom with ensuite-style access

• Country kitchen with timber benchtops, 900mm stove & dual pantries

• Large living space, separate dining area, and dedicated laundry

• Huge 3-bay shed, solar power system, undercover entertaining

• Front ramp access, ducted evap cooling, family-friendly setting

Listing description written by Lizzy Bloomfield, PRD Bendigo — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Ducted Heating
  • Fully Fenced
  • Outdoor Entertaining
  • Shed
  • Solar Panels
  • Workshop
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.