Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

VIC › Castlemaine › Thomas St

3 Thomas St, Castlemaine VIC 3450

House

$1,400,000

Last sold

20 Feb 2026

2

Bedrooms

1

Bathrooms

1

Car spaces

867 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 $1,400,000 (20 Feb 2026).(Recorded sale)
  • FactLand 867 m²; no building size recorded.(Property record)
  • 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?

No upside evidence detected in the data Districts holds for this lot.

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

$1,400,000

20 Feb 2026 · 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 96 recorded sales (last 12 months) — a Districts calculation.

See the full Castlemaine report →

Vs Castlemaine

+90.5%

Median sale

Suburb $735,000

-1.64 pp

Gross yield

Suburb 3.45%

Suburb median $735,000 from 96 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$1,400,00020 Feb 2026
  2. Listedprice unknowncompleted4 Feb 2026

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.

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 96 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 Thomas St →

Listing material

Listed by Cantwell Property Castlemaine

An Element of Surprise | Mid‑Century Character with a Contemporary Heart

Privately set behind an unassuming façade, this beautifully presented mid‑1960s home reveals itself as a thoughtfully transformed residence, where a considered contemporary rear addition enhances both liveability and connection to its exceptional garden setting. Light‑filled and quietly sustainable, it is a home where character and comfort align with surprising ease.

The original home retains its mid‑century integrity through period steel windows, solid wood heaters and a striking Castlemaine slate chimney surround, grounding the home in warmth and authenticity. In contrast, the modern extension unfolds seamlessly to the rear, opening to landscaped gardens and outdoor living spaces. Here, a generous north‑facing open‑plan living, kitchen and dining zone is framed by leafy outlooks and sliding doors to a substantial deck. A high raked ceiling, oversized ceiling fan and solid wood heater create a sense of volume and comfort, complemented by split‑system heating and cooling, evaporative ducted cooling and external blinds for year‑round climate control.

The kitchen is superbly appointed with Miele appliances, including a gas cooktop, undermount oven and dishwasher, paired with timber and stone benchtops and a central island bench designed for casual dining and connection. The adjoining dining space opens to a private courtyard deck, softened by a lush fernery that provides privacy and year‑round greenery, and features an outdoor shower, an ideal retreat in the warmer months.

Read the full description

Accommodation is flexible and thoughtfully arranged. A front‑facing room functions equally well as a living space or bedroom, featuring built‑in storage and a solid wood heater inset into a Castlemaine slate surround. Two additional bedrooms provide comfortable accommodation, one with built‑in robes, while the remaining spaces adapt easily as guest rooms, children's rooms or home offices. The contemporary bathroom is quietly luxurious, featuring floor-to-ceiling windows, a walk-in shower, a back-to-wall bath, a vanity, and a toilet. A second separate toilet and European‑style laundry add everyday practicality, while under‑house storage further enhances functionality.

Outdoors, the property truly distinguishes itself. The fully fenced and beautifully established rear garden is private, generous, and richly layered, featuring mature trees, fruit trees, raised vegetable gardens, a greenhouse, a garden shed, and a substantial second shed/workshop ideal for creative projects, storage, or a home enterprise. Meandering pathways and a series of quiet sitting areas are framed by elegant stone walling, creating a garden designed to be lived in and loved through every season.

Sustainability and efficiency are integral to the home's design. The newer section features double glazing, the home is highly insulated with underfloor, wall and ceiling insulation, and an integrated solar system supports lower energy costs and year‑round comfort.

Positioned within easy walking distance to Castlemaine Train Station for direct access to Melbourne or Bendigo, as well as the Mill precinct, Botanic Gardens, schools and central Castlemaine's cafes and retail, this is a home that balances privacy with connection.

A residence that reveals itself gently, rewards deeply, and invites you to stay.

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

Property features

  • Built-in Robes
  • Courtyard
  • Deck
  • Dishwasher
  • Ducted Cooling
  • Living Areas: 2
  • Outdoor Entertaining
  • Shed
  • Solar Panels
  • Toilets: 2
Districts

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

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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