38 Richards RoadCastlemaine VIC 3450
Property Details for 38 Richards Rd, Castlemaine
38 Richards Rd, Castlemaine is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1950. The property has a land size of 844m2 and floor size of 141m2. While the property is not currently for sale or for rent, it was last sold in October 2019.
Last Listing description (November 2019)
* Three bedroom family home or investment property on large block.
* Great location close to Castlemaine CBD, botanical gardens and sports precinct.
* Instant potential to increase the value of this property with minimal work.
This three bedroom weatherboard house is situated within easy walking distance to the Castlemaine Town Centre and all required amenities and services.
Out back is a cubby house for the kids, a large shed with concrete floor and power for the bigger kids and an established Ash Tree providing great shade.
The spacious yard provides plenty of room for the kids to be entertained, room for additional shedding, great space for a pool and plenty of room for the pets to enjoy.
The 5kw solar system keeps the power bills to a minimum and with the house having been rewired and partially stumped, a bit of external cosmetic work will further improve this property.
Inside the property, a gas log fire and evaporative cooling ensures this property is comfortable all year round.
A tasteful renovation has been undertaken in the kitchen which includes gas cooktop, electric oven, dishwasher and servery. The open living/dining room provides plenty of space for relaxation and a rumpus room ensures the kids also have their own space.
The bedrooms include ducted cooling and two have built in robes. The laundry and bathroom do need some work, however due to their size and layout, there is an opportunity to reconfigure the layout and really modernise this part of the property.
This property is ready for its new family to move in and is priced to allow entry into the thriving Castlemaine market. It will suit a family looking to add instant value to their new home or an investor looking for a property that will provide a great rental return in a market that is crying out for rental properties in this location.
Property History for 38 Richards Rd, Castlemaine, VIC 3450
- 29 Oct 2019Sold for $430,000
- 21 Feb 2019Listed for Sale Not Disclosed
- 06 May 1976Sold for $24,500
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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.
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