FOR SALE
$70,000 + GST

17 Murray Street
Casterton VIC 3311

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 618m2
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Development opportunity in Casterton CBD with opportunity to purchase the block beside as well totaling 1624m2

This block is located in a prime location in Casterton. At 618sqm (approx.) it is a good size for a potential development with town water connection available.
Close to Supermarket, approx 100m, flat block of land and located just behind the main street where the local shops are located.
The current vendor has had preliminary planning assessment done on the property, which indicates a number of permissible uses for the land (STCA)
This is a rare find in the Casterton CBD and provides a multitude of opportunities, only limited by your imagination & ambition.
EXPRESSION OF INTEREST to purchase the block beside this one which would give an area of approximately 1624m2 allowing for more opportunities. Call or email and enquire today...
https://www.consumer.vic.gov.au/housing/buying-and-selling-property/checklists/due-diligence

Property Details for 17 Murray St, Casterton

Building Type
Land
Land Size
618m2

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About Casterton 3311

The size of Casterton is approximately 226.9 square kilometres. It has 9 parks covering nearly 2.6% of total area. The population of Casterton in 2011 was 1,763 people. By 2016 the population was 1,684 showing a population decline of 4.5% in the area during that time. The predominant age group in Casterton is 60-69 years. Households in Casterton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Casterton work in a labourer occupation. In 2011, 78.4% of the homes in Casterton were owner-occupied compared with 77% in 2016.

Casterton has 1,245 properties. Over the last 5 years, Houses in Casterton have seen a 72.32% increase in median value, while Units have seen a 3.32% increase. As at 31 October 2024:

  • The median value for Houses in Casterton is $259,706 while the median value for Units is $268,157.
There are currently 23 properties listed for sale, and no properties listed for rent in Casterton on OnTheHouse. According to CoreLogic's data, 42 properties were sold in the past 12 months in Casterton.

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Tammy Knight
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Elders Real Estate South West Victoria
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