OFF MARKET

3/16 Greenhill Avenue
Castlemaine VIC 3450

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 69m2
Land area: 189m2
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Last updated 18 Nov 2024
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Property Details for 3/16 Greenhill Ave, Castlemaine

3/16 Greenhill Ave, Castlemaine is a 2 bedroom, 1 bathroom Unit and was built in 1981. The property has a land size of 189m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
1981
Floor Size
69m2
Land Size
189m2
Local Government
Mount Alexander
Lot/Plan
3/RP16670

Last Listing description (April 2023)

Offering affordable living or investing in the heartland of Castlemaine - this 1980s unit is located toward the rear of this established complex on Greenhill Avenue.
With the Castlemaine Tennis courts across the Street and the CBD shops and facilities just a block away - what better way to live or invest in the centre of town.
The unit features 2 bedrooms with robes, a central bathroom, kitchen and adjoining meals and living area with air conditioning.

There is a generous sized carport, laundry with storage, store shed and a leafy north facing courtyard that could be improved and re-imagined.
With strong rental demand and a likely rental yield at $350pw, what better place to invest!

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Property History for 3/16 Greenhill Ave, Castlemaine, VIC 3450

A timeline of how this property has performed in the market
Last Sold
$465,000
03 Mar 2023
  • 03 Mar 2023
    Sold for $465,000
  • 22 Dec 2022
    Listed for Sale $465,000
  • 12 Feb 2016
    Transferred
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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, 150 properties were sold in the past 12 months in Castlemaine.

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