OFF MARKET

47 Happy Valley Road
Castlemaine VIC 3450

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3284m2
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Property Details for 47 Happy Valley Rd, Castlemaine

Building Type
Land
Land Size
3284m2
Local Government
Mount Alexander
Lot/Plan
44~G5/PP2366

Last Listing description (June 2018)

Set minutes from central Castlemaine, this unique land offering covers approximately 62 acres with a current blend of zoning including Low Density Residential (LDZR) and Rural Conservation (RCZ).
Proposed plans have been drawn for a boundary re-alignment to create 39 lots (STCA) ranging in size from 680 sqm to 40 acres. These plans are available upon request along with a fauna survey & traffic and transport review.
The 62-acre parcel that is offered is part of a total land holding of approximately 143 acres that the vendors will consider selling as a whole.

A rare and unique opportunity for the astute investor or developer.

Property History for 47 Happy Valley Rd, Castlemaine, VIC 3450

A timeline of how this property has performed in the market
Last Sold
$420,000
25 Sep 2023
  • 25 Sep 2023
    Sold for $420,000
  • 19 Dec 2021
    Sold for $495,000
  • 17 Jul 2018
    Sold for $280,000
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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.

Suburb Insights for Castlemaine 3450

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.