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VIC › Castlemaine › Butterworth St

27 Butterworth St, Castlemaine VIC 3450

House

$1,320,000

Last sold

9 Apr 2025

3

Bedrooms

2

Bathrooms

0

Car spaces

4,563 m²

Land

155 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 $1,320,000 (9 Apr 2025).(Recorded sale)
  • CalculationLand 4,563 m² against a 155 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.

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. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No 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

$1,320,000

9 Apr 2025 · 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

+79.6%

Median sale

Suburb $735,000

-1.53 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 data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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$1,320,0009 Apr 2025
  2. Listedprice unknowncompleted2 Dec 2024

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?

Planning 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.

What could kill that thesis?

Confidence: low

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

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. No recorded off-street parking — often a discount versus the suburb median for the same beds.

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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 Butterworth St →

Listing material

Listed by Cantwell Property Castlemaine

A Private Sanctuary

Set back and privately positioned on a generous 4563 sqm (approx), this unique three-bedroom, two-bathroom home offers the ideal blend of peaceful country living and the convenience of being just a short walk from central Castlemaine for retail, local amenities, schools, and the train service to Melbourne and Bendigo.

The home showcases a timeless mudbrick design, enhanced with natural timber cladding. The interiors feature a harmonious mix of wood and slate finishes, creating a warm and earthy ambience. Double-glazed timber windows (except in the bathrooms), hardwood timber floors, and high ceilings lined with marine ply all contribute to the home's character and sense of space. Additional highlights include an integrated 2kW solar system and a solar hot water service, ensuring both sustainability and energy efficiency. The well-appointed open-plan living area offers a seamless flow from dining to kitchen, with large north-facing windows framing the surrounding garden. Double doors lead to a private courtyard creating a seamless indoor and outdoor living space. The living is further enhanced by glass orb pendant lights by Mark Douglass Design, a reverse-cycle air conditioner, and a Metal Dynamics Gourmet solid wood heater with a baker's oven and cooktop. The dining area opens onto a generous south-facing entertaining deck (3.8m x 6.2m) with stunning area views, making it perfect for gatherings and the kitchen provides stone benchtops, timber cabinetry, an Asko dishwasher, a gas cooktop with an under-mount oven and a walk-in pantry.

The main bedroom suite has a soaring raked ceiling and large south-facing windows, offering breathtaking views of the surrounding landscape, including Mount Franklin. Double doors open to the north-facing terrace, while built-in robes and a private timber-clad study (perfect for a home office or potential ensuite) complete this tranquil retreat. A gallery-like hallway leads to two additional spacious bedrooms, both with built-in robes and one with a split system. The generous timber-clad bathroom with slate flooring, has a large walk-in shower, vanity, built-in storage, and a separate toilet with a basin. The home also features an externally accessed laundry with a second bathroom, including a shower over the bath and toilet, making it perfect for guests. A fully insulated studio/guest quarters with a split system is nestled in the meandering gardens, offering privacy and comfort for visitors or as a separate retreat. Additional highlights include hydronic heating and ceiling fans.

Read the full description

The beautifully landscaped and irrigated garden features a mix of fruit trees, ornamental trees, Mediterranean-style plantings, roses, and natives, creating a vibrant and private outdoor escape. Rock walling and meandering pathways guide you through the grounds, while a vine and wisteria-clad pergola provides shade over the north-facing terrace, ideal for outdoor entertaining. Two large water tanks ensure irrigation throughout the year.

This exceptional home is a peaceful, retreat, offering the perfect mix of modern comfort and earthy charm, all within easy reach of Castlemaine's vibrant community.

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

Property features

  • Balcony
  • Built-in Robes
  • Courtyard
  • Deck
  • Dishwasher
  • Floorboards
  • Fully Fenced
  • Living Areas: 1
  • Outdoor Entertaining
  • Solar Hot Water
  • Solar Panels
  • Study
  • Toilets: 2
  • Water Tank

Also look at

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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.