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VIC › Castlemaine › Landseer St

6 Landseer St, Castlemaine VIC 3450

For saleHouse for Sale

$1,170,000

For sale

Asking

3

Bedrooms

1

Bathrooms

3

Car spaces

2,659 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,170,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,170,000(Listing record · 15 Apr 2026)
  • CalculationLand 2,659 m² against a 163 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 59% above the Castlemaine median recorded sale ($735,000, n=95, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Castlemaine's advertised median rent ($488/wk), implied gross yield would be 2.17% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$1,170,000

Asking · $440/m² of land

No recorded sale for this property.

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

+59.2%

Median sale

Suburb $735,000

-1.28 pp

Gross yield

Suburb 3.45%

Suburb median $735,000 from 95 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,170,000
Stamp Duty (Victoria)
$64,350
Transfer/Registration Fee
$2,842
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,240,892

$70,892 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Castlemaine's advertised median rent — not a rent for this listing.

Net yield
0.67%
Annual cashflow (pre-tax)
$-53,014
Interest cover (DSCR)
0.13
Annual rent
$25,376
Operating expenses
$17,550
Loan amount
$936,000
Annual interest
$60,840
Gross yield
2.17%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$1,170,000available15 Apr 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

Gross yield if leased at the suburb aggregate is 2.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Landseer St →

Listing material

Listed by Belle Property Bendigo | Castlemaine | Maldon

Character-Filled 1800s Cottage with 7 Main Rooms, 4-Room Studio, Creative Spaces & Private Produce Garden

There's a quiet confidence to this re-imagined 1800s cottage-one that honours its past while embracing a more expansive, modern way of living. Beyond its timeless façade, the home unfolds with a sense of warmth and generosity, where original character and thoughtful updates sit comfortably side by side.

Coved ceilings add a softness overhead, while three well-proportioned bedrooms provide restful retreats. The layout invites flexibility, with two substantial living zones and a dedicated dining area offering space to gather, retreat, or reconfigure as life demands. A light-filled garden room forms a welcoming entry-an everyday moment that connects indoors with the landscape beyond.

At the heart of the home, a large country-style kitchen delivers both scale and function. Designed for real living, it's a place where cooking, conversation, and long afternoons naturally come together, all while looking out to the greenery that defines this property.

Read the full description

Further enhancing day-to-day living, the home includes ceiling fans throughout and reverse cycle heating and cooling to ensure year-round comfort. A second toilet positioned off the laundry adds practicality for busy households.

Step outside and the story continues on a sprawling 2659m2 parcel. The gardens are layered and considered, with a mix of deciduous and native plantings creating seasonal interest and privacy. A productive cherry grove adds both beauty and purpose, while winding spaces reveal a series of outbuildings that expand what this property can be.

A three-room studio and workshop space opens the door to creative pursuits or working from home, complemented by additional workshop areas, a carport, and a dedicated caravan port. There's even an outdoor cantina for relaxed entertaining and a chicken run that completes the picture of a more self-sufficient lifestyle.

Set in a quiet, private position adjoining Crown land, this is a property that feels a world away, yet remains just 1.3km from the town centre. It's a rare balance-history, space, and lifestyle, all thoughtfully brought together in one compelling offering.

Listing description written by Rob Waller, Belle Property Bendigo | Castlemaine | Maldon — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Dishwasher
  • Floorboards
  • Living Areas: 3
  • Study
  • Toilets: 2
  • Workshop

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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.