OFF MARKET

5 Wallace Street
Castlemaine VIC 3450

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 125m2
Land area: 751m2
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Property Details for 5 Wallace St, Castlemaine

5 Wallace St, Castlemaine is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 751m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
House
Year Built
1960
Floor Size
125m2
Land Size
751m2
Local Government
Mount Alexander
Lot/Plan
8/LP53919

Last Listing description (November 2021)

Built as a family home in the 1970s, with links to the iconic Castlemaine Rock confectionary, this classic cream brick residence in original condition is ready for a modern makeover.

A solid foundation for a modern family home, the residence sits on approximately 751 sqm and features a large front patio, wide entrance, double glass sliding doors to the spacious lounge, kitchen/dining with elevated cooker, three bedrooms, central bathroom, separate laundry, and toilet. Two of the three generous bedrooms have built-in robes and the third an additional room perfect as a study, dressing room or craft space. The north facing rear has a covered porch with ramp access. External features include off street parking, low maintenance yard and a double steel garage with workspace.

To further accommodate family living, the Wesley Hill Village Market, Recreation Reserve sporting facilities and the Leanganook Goldfields Track are all within an easy walk and the Castlemaine South Primary School is close by.

Property History for 5 Wallace St, Castlemaine, VIC 3450

A timeline of how this property has performed in the market
Last Sold
$585,000
18 Oct 2021
  • 18 Oct 2021
    Sold for $585,000
  • 27 Sep 2021
    Listed for Sale $595,000 - $615,000

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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 4,664 properties. Over the last 5 years, Houses in Castlemaine have seen a 34.10% increase in median value, while Units have seen a 32.06% increase. As at 31 August 2024:

  • The median value for Houses in Castlemaine is $700,745 while the median value for Units is $534,695.
  • Houses have a median rent of $475 while Units have a median rent of $385.
There are currently 31 properties listed for sale, and no properties listed for rent in Castlemaine on OnTheHouse. According to CoreLogic's data, 162 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.