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