FOR SALE
$595,000-$645,000

4/59 Forest Street
Castlemaine VIC 3450

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 72m2
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Residence, Business or Both

Priced to sell in the current market this quality finished apartment in a wonderful central location offers a flexible floorplan which allows for a variety of functions in the heat of Castlemaine’s vibrant retail & entertaining precinct.
This first level apartment offers split level living including a bedroom with ensuite and East facing balcony upstairs, a generous sized living/meals area adjoining well appointed kitchen with European appliances and a multipurpose room at the entry via an East facing courtyard which could be utilised as a 2nd bedroom or a home office.
The zoning allows for the property to function as a business, as a residence, or as both and caters for a broad range of interests in this amazing location just a couple of minutes’ walk to everything you may require.
With some construction within the precinct continuing there will be a formal stairwell entry and lift completed mid to late 2025.
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Property Details for 4/59 Forest St, Castlemaine

4/59 Forest St, Castlemaine is a 1 bedroom, 1 bathroom House. The property has a land size of 72m2. The place is currently for sale with Castlemaine Property Group.

Building Type
House
Land Size
72m2

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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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