FOR SALE
$505,000

15 Paynter Street
Castlemaine VIC 3450

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 7360m2
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A Rare Find

In a quiet offshoot of Merrifield Street with no through traffic and few neighbours, rests this beautiful block of almost two acres. Bushland vistas and a haven for wildlife and home to an abundance of birdlife, it is hard to imagine that you are within easy walking distance of The Mill Precinct, Botanical Gardens, pool and train station. For families, there are primary and secondary schools close by. An enviable location in a highly sought after area.
There is water and power available, however the block lends itself to creating a self-sustaining lifestyle and a solar powered off-grid set up is an option. Planning permission has been granted for a dwelling and both LCA and BMP have been done. Building envelope is cleared and the current owners have re-planted approximately 200 native trees/shrubs on the block. There is a small storage shed, chook pen and establishing orchard. A rare find indeed.
****NOTE: If searching directions from Google, you will need to put in the address as “13A Merrifield Street”. A map is included with photographs of the block for directions.
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Property Details for 15 Paynter St, Castlemaine

Building Type
Land
Land Size
7360m2

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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 4,666 properties. Over the last 5 years, Houses in Castlemaine have seen a 36.29% increase in median value, while Units have seen a 30.61% increase. As at 30 September 2024:

  • The median value for Houses in Castlemaine is $684,495 while the median value for Units is $526,437.
  • Houses have a median rent of $470 while Units have a median rent of $380.
There are currently 37 properties listed for sale, and no properties listed for rent in Castlemaine on OnTheHouse. According to CoreLogic's data, 151 properties were sold in the past 12 months in Castlemaine.

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Di Selwood
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