OFF MARKET

119B Duke Street
Castlemaine VIC 3450

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 99m2
Land area: 987m2
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Last updated 4 Nov 2024
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Property Details for 119b Duke St, Castlemaine

119b Duke St, Castlemaine is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1952. The property has a land size of 987m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in January 2012.

Building Type
House
Year Built
1952
Floor Size
99m2
Land Size
987m2
Local Government
Mount Alexander
Lot/Plan
2/LP40468

Last Listing description (July 2018)

Classic 1950's timber home fully restored on a large allotment offering potential for sub-division STCA. For the astute investor or those looking to share independently with a friend, this perfectly restored home offers three bedrooms, main with ensuite and walk in robe, well-appointed kitchen, dishwasher, 900mm gas stove, central island, adjoining dining/living area with split system air conditioner and sliding door to the elevated north facing timber deck, new spacious family bathroom with bath plus shower, separate laundry. The rear yard is currently fenced providing a private outdoor living space to the existing house plus a large rear area ready for redevelopment. The estimated rental return for the existing house is $340 per week providing an excellent income while development opportunity is pursued. Be the smart one who chooses this!

Property History for 119b Duke St, Castlemaine, VIC 3450

A timeline of how this property has performed in the market
Last Sold
$265,000
20 Jan 2012
  • 04 Nov 2013
    Listed for Sale $430,000
  • 01 Feb 2012
    Listed for Sale $289,000
  • 20 Jan 2012
    Sold for $265,000

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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 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 36 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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