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Sold on 28 Oct 2024 for $565,000

42 Ray Street
Castlemaine VIC 3450

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 136m2
Land area: 379m2
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Jellis Craig Castlemaine
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Property Details for 42 Ray St, Castlemaine

42 Ray St, Castlemaine is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 379m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Castlemaine in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
136m2
Land Size
379m2
Local Government
Mount Alexander
Lot/Plan
13/LP31311

Last Listing description (October 2024)

Welcome to 2/42 Ray Street - a vacant block of land that presents a perfect blank canvas for those longing to bring their ideas to life. Boasting a prime location to Castlemaine township, will you design a contemporary masterpiece, embark on an investment venture or construct your ideal family home? There is certainly ample space and many possibilities for each option here.

Residents will appreciate the convenient five-minute proximity to a range of Castlemaine services including schools, shops, restaurants and the V/Line train service connecting you to Bendigo or Melbourne.

On this gently sloping and elevated, private and generous 979 sqm (approx.) allotment, you can have it all; the dream home with every modern comfort, complete with a shed and beautiful garden. A unique, standout feature here are the views of Mount Alexander. Build a two-storey home and carefully plan the alfresco spaces to take full advantage (STCA). The site also offers the flexibility to subdivide into 3 lots, with all service brought to site to accommodate the option.

Located at the rear, the position feels especially peaceful with a tree lined rear fence, noteworthy too, all town services are connected and part of the block has been levelled, bringing your build steps closer.

Start planning your dream build to suit this very special location. But be quick!

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Property History for 42 Ray St, Castlemaine, VIC 3450

A timeline of how this property has performed in the market
Last Sold
$565,000
28 Oct 2024
Listed for Rent
$380/w
02 Sep 2016
  • 28 Oct 2024
    Sold for $565,000
  • 13 May 2024
    Listed for Sale $595,000
  • 02 May 2023
    Listed for Sale $675,000
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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 4,687 properties. Over the last 5 years, Houses in Castlemaine have seen a 32.75% increase in median value, while Units have seen a 35.28% increase. As at 30 November 2024:

  • The median value for Houses in Castlemaine is $694,552 while the median value for Units is $508,885.
  • Houses have a median rent of $463 while Units have a median rent of $380.
There are currently 38 properties listed for sale, and no properties listed for rent in Castlemaine on OnTheHouse. According to CoreLogic's data, 147 properties were sold in the past 12 months in Castlemaine.

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