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VIC › Campbells Creek › Elizabeth St

42 Elizabeth St, Campbells Creek VIC 3451

House

$675,000

Last sold

27 June 2024

2

Bedrooms

1

Bathrooms

3

Car spaces

1,170 m²

Land

94 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 $675,000 (27 June 2024).(Recorded sale)
  • CalculationLand 1,170 m² against a 94 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Campbells Creek (last 5 years) with land size: median $609/m² of land (n=89). 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

$675,000

27 June 2024 · derived via latest_sale

Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.

Local land rate: recorded House sales in Campbells Creek (last 5 years) with land size have a median of $609/m² of land (n=89). Districts calculation from recorded sales — not a valuation.

Campbells Creek at a glance

2,434

People

$655,000

Median sale

$465/wk

Median rent

3.69%

Suburb gross yield

Median sale from 31 recorded sales (last 12 months) — a Districts calculation.

See the full Campbells Creek report →

Vs Campbells Creek

+3.1%

Median sale

Suburb $655,000

-0.11 pp

Gross yield

Suburb 3.69%

Suburb median $655,000 from 31 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

202220232024$720k$675k
  • Sold (recorded)
  1. Sold$675,00027 June 2024
  2. Listedprice unknowncompleted31 Mar 2024
  3. Sold$720,0001 Aug 2022
  4. Listedprice unknowncompleted11 July 2022

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 $465/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

Campbells Creek in one glance

Campbells Creek at a glance

2,434

People

$655,000

Median sale

$465/wk

Median rent

3.69%

Suburb gross yield

Median sale from 31 recorded sales (last 12 months) — a Districts calculation.

See the full Campbells Creek report →

Keep researching

  • Why Campbells Creek? Read the area thesis →
  • What else is on the market in Campbells Creek →
  • Other records on Elizabeth St →

Listing material

Listed by Cantwell Property Castlemaine

A Solid Base

Set back from the street amongst an established garden, this charming two-bedroom home built of Mount Gambier stone offers cottage charm with a solid base. The generous 1170sqm with its landscaped garden makes this perfectly presented property the ideal choice for one wanting to downsize without losing a sense of space inside and out. Castlemaine is a short drive for retail, amenities, schools and the train station, or a walk into Campbells Creek for schools, the Five Flags Merchants, the Five Flags Hotel and the post office.

The floorplan features entry into a north-facing open-plan kitchen with dining and living. The kitchen provides a gas cooktop with an under-mount oven, a Bosch dishwasher, and stone benchtops, a return bench allows for bar-style seating, and French doors lead to a covered verandah overlooking a private courtyard. The dining and living include a gas log fire and a split system. The living space has a stunning feature wall of Harcourt granite and Castlemaine slate with stone flooring and large double-hung windows that frame the garden.

Adjoining the living is the main bedroom with built-in robes, a walk-in robe and access to the central bathroom with a shower, a vanity, and a toilet. A second bedroom/ study has a wall heater and French doors to the rear courtyard. Completing the internal floor plan is a laundry with external access. Additional details include Luxaflex honeycomb blinds and floorboards in the bedrooms.

Read the full description

The generous grounds include a stone driveway leading to a 6m x 3.5m garage/shed with a concrete floor. A stone-paved ramp leads to the secret back garden, a private sanctuary featuring a variety of established trees, green grass, native planting and abundant bird life. The garden features stone walling, gravel paths and a water tank. The large allotment also offers opportunities for subdivision STCA. This property is cottage-cute at its finest.

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

Property features

  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Floorboards
  • Gas Heating
  • Living Areas: 1
  • Outdoor Entertaining
  • Toilets: 1
  • Water Tank

Also look at

Also for sale in Campbells Creek

  • 7 Elizabeth St, Campbells Creek VIC 3451

    0-bed land for sale. Asking $420K.

    For sale
  • 5 Elizabeth St, Campbells Creek VIC 3451

    0-bed land for sale. Asking $360K.

    For sale
  • 191 Main Rd, Campbells Creek VIC 3451

    4-bed house for sale. Asking $795K–$815K.

    For sale
  • CA 42 Diamond Gully Rd, Campbells Creek VIC 3451

    0-bed land. Asking $185K–$200K.

    For sale
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.