5/32 Ray St, Castlemaine is a 1 bedroom, 1 bathroom Unit and was built in 2000. The property has a land size of 181m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in January 2022.
An opportunity to invest in this well-positioned, modern townhouse, situated close to the train station, schools and a short walk into the retail hub of Castlemaine. This property comes with a secure lease making it a perfect choice for the discerning investor. The townhouse offers a spacious north-facing living and dining with a split system and sliding doors leading to the private courtyard. The bright open kitchen features an electric cooktop, breakfast bar and storage. Two bedrooms with built-in robes, central bathroom with a separate toilet and laundry with exterior access. Remote single garage, low maintenance garden and fully fenced.
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:
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