FOR SALE
$950,000

146 & 148 Duke Street
Castlemaine VIC 3450

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 3083m2
Land area: 2996m2
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RESIDENTIAL DEVELOPMENT OPPORTUNITY

With three street frontages covering an area of approx. 3,000m2 with 7 titles, including 13 crown allotments, this property is situated in the highly desirable Wesley Hill precinct and enjoys a lovely, elevated position with mains services either connected or available.
A wonderful development option for new builds or for utilising some of the original buildings, including an early Victorian brick cottage and several brick & timber sheds, or for a combination. Within easy walking distance to cafes, bars, the garden centre, busk walking trails and situated opposite the popular weekend market, this property provides a number of options.
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Property Details for 146 & 148 Duke St, Castlemaine

Building Type
Commercial
Floor Size
3083m2
Land Size
2996m2

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About Castlemaine 3450

The size of Castlemaine is approximately 20.2 square kilometres. It has 26 parks covering nearly 22.3% of total area. The population of Castlemaine in 2011 was 6,750 people. By 2016 the population was 6,783 showing a population growth of 0.5% in the area during that time. The predominant age group in Castlemaine is 60-69 years. Households in Castlemaine are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Castlemaine work in a professional occupation. In 2011, 70.7% of the homes in Castlemaine were owner-occupied compared with 71% in 2016.

Castlemaine has 4,687 properties. Over the last 5 years, Houses in Castlemaine have seen a 32.75% increase in median value, while Units have seen a 35.28% increase. As at 30 November 2024:

  • The median value for Houses in Castlemaine is $694,552 while the median value for Units is $508,885.
  • Houses have a median rent of $463 while Units have a median rent of $380.
There are currently 38 properties listed for sale, and no properties listed for rent in Castlemaine on OnTheHouse. According to CoreLogic's data, 147 properties were sold in the past 12 months in Castlemaine.

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Brett Fitzpatrick
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Brett Waller
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Castlemaine Property Group
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