OFF MARKET

1/20 Greenhill Avenue
Castlemaine VIC 3450

Bedrooms: 5
Bathrooms: 3
Car spaces: 1
Land area: 1067m2
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Last updated 11 Nov 2024
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Property Details for 1/20 Greenhill Ave, Castlemaine

1/20 Greenhill Ave, Castlemaine is a 5 bedroom, 3 bathroom Unit with 1 parking spaces. The property has a land size of 1067m2.

Building Type
Unit
Land Size
1067m2
Local Government
Mount Alexander

Last Listing description (November 2015)

Ideally located within a few minutes walk into the Castlemaine town centre, this group of 3 units ( 2 x two bedroom & 1 x one bedroom) on one title have retained a strong rental history over many years. Currently showing an annual return of 5.24% the property also provides the opportunity to create a subdivision, allowing for each property to be put onto their own title. Each of the units has a generous sized rear courtyard and a shared, undercover, parking bay.

Property History for 1/20 Greenhill Ave, Castlemaine, VIC 3450

A timeline of how this property has performed in the market
Listed for Rent
$260/w
19 Feb 2013
  • 13 Mar 2015
    Listed for Sale $675,000
  • 25 Jan 2013
    Listed for Rent - Price not available
  • 29 Jul 2012
    Listed for Rent - Price not available
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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 4,682 properties. Over the last 5 years, Houses in Castlemaine have seen a 31.89% increase in median value, while Units have seen a 44.02% increase. As at 31 October 2024:

  • The median value for Houses in Castlemaine is $686,519 while the median value for Units is $529,752.
  • Houses have a median rent of $460 while Units have a median rent of $375.
There are currently 40 properties listed for sale, and no properties listed for rent in Castlemaine on OnTheHouse. According to CoreLogic's data, 149 properties were sold in the past 12 months in Castlemaine.

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