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.
VIC › Castlemaine › Gallway St
$780,000
Last sold
18 Dec 2025
3
Bedrooms
1
Bathrooms
4
Car spaces
3,424 m²
Land
158 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$780,000
18 Dec 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.
Vs Castlemaine
+6.1%
Median sale
Suburb $735,000
-0.20 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 data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning 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.
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
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.
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.
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
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
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.
Listing material
Listed by Belle Property Bendigo | Castlemaine | MaldonJust 2km from the town centre, this classic 1980s brick home sits quietly amid a serene bushland backdrop, offering a rare combination of space and character. Framed by native eucalypts and alive with birdlife, it feels like a private retreat, yet it's wonderfully close to shops, schools, and all the conveniences of everyday life.
The property rests on a generous 3,424sqm allotment, with a level rear yard that invites endless possibilities. Established gardens and fruit trees weave seamlessly with the surrounding natural bush, creating a sanctuary where children can play, pets can roam freely, and hobbies or future projects can flourish. There's a sense of openness and freedom here that is increasingly rare to find so close to town.
Inside, the home reveals its timeless charm. Raked timber ceilings and exposed brick walls create a warm, inviting atmosphere, while cork flooring adds texture and character throughout. The main lounge is centred around a cosy wood fire, while a separate sitting room offers additional flexibility, and a dedicated study provides the perfect space for work, study, or creative pursuits.
The refreshed kitchen is as functional as it is inviting, featuring timber cabinetry, a new stainless-steel electric oven, gas cooktop, and generous bench space. Overlooking the garden, it's a space that encourages culinary creativity and casual family living, while also serving as a welcoming hub for entertaining friends and family.
Accommodation is both spacious and comfortable. Three generous double bedrooms, two with walk-in robes, provide plenty of space for family and guests. New carpet and updated flooring complement the sense of light and space. The bathroom has been thoughtfully designed with accessibility in mind, making it suitable for all stages of life.
Outdoor living is equally inviting. A wide verandah balcony offers a peaceful vantage point to enjoy morning coffee, watch the sunset, or simply take in the natural surrounds. Practical features, including a powered garage and two carports, ensure the home functions as effortlessly as it looks, while modern conveniences such as a solar-gas hot water system and septic system provide peace of mind.
More than a home, this property is a canvas for life's next chapter. Whether it's laughter-filled family days, quiet mornings surrounded by nature, or space to grow and dream, this is a rare opportunity to embrace a lifestyle where character, comfort, and tranquility come together effortlessly.
Listing description written by Rob Waller, Belle Property Bendigo | Castlemaine | Maldon — reproduced as published, not verified by Districts.