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 › Elizabeth St
$635,000
Last sold
6 Jan 2025
3
Bedrooms
1
Bathrooms
0
Car spaces
805 m²
Land
108 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
$635,000
6 Jan 2025 · 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 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
-13.6%
Median sale
Suburb $735,000
+0.55 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 Cantwell Property CastlemaineThis renovated three-bedroom 1950s home successfully combines the warmth of the retro with the urban appeal of the contemporary without losing any of its period integrity. A striking Agave Americana greets you upon arrival, a slice of mid-century Palm Springs. The 805 sqm (approx) property has easy access to Castlemaine via walking tracks or a short drive for retail, restaurants, amenities, schools and the train station to Melbourne or Bendigo.
Beautifully presented inside and out, enter the home through double frosted glass doors into a light-filled central foyer. To one side is the inviting north-facing living room with a black feature wall, a gas heater inset into a period surround with a timber ledge and a wall air-conditioner. On the other side is the sunny main bedroom with north and west-facing large windows and a split system.
Central to the home is the updated industrial-style open-plan kitchen with dining, great for entertaining guests and enjoying family meals. You'll stay nice and cozy with a Nectre solid wood heater and split system. The kitchen features sleek stainless steel cabinetry softened by the timber benchtops, a near-new 900mm Glem gas cooktop with an electric oven, inset into a period surround with tiled detailing. The striking contemporary bathroom includes a freestanding bath, a large shower with two shower heads, a toilet and a wall-hung vanity with an above-the-counter basin. A second bedroom has an outlook onto the beautiful Wisteria-draped pergola to the west with a large built-in open robe, perfect for storage, kid's play space or additional home office. To the rear of the home is a laundry with ample storage and a dining nook with external access to the back garden.
The striking black timber-clad north-facing independent studio/third bedroom offers an additional 7.2m x 3.3m of flexible floor space. It is an ideal home office, artist studio, teenage retreat or guest escape, well-insulated with a split system!
Enjoy long evenings and sunny mornings in the beautifully presented, established low-maintenance garden with gravel pathways, a firepit, Cor-Ten landscape edging and highly productive raised garden beds for growing veggies and herbs. Established trees provide privacy with the help of a mixed planting of hedging plants, including a feijoa hedge.
Fully fenced front and backyards make it a safe space for pets and children. Practical modern improvements include a recently updated continuous flow gas hot water system and underfloor and roof space insulation. Period details include floorboards, ornate plaster and frosted glass.
This home is ready to move in and enjoy the ideal Castlemaine lifestyle.
Listing description written by Nick Haslam, Cantwell Property Castlemaine — reproduced as published, not verified by Districts.