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Sold on 11 Nov 2024 for $680,000

8 Ray Street
Castlemaine VIC 3450

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 92m2
Land area: 1025m2
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Property Details for 8 Ray St, Castlemaine

8 Ray St, Castlemaine is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1025m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom House sold in Castlemaine in the last 12 months.

Building Type
House
Floor Size
92m2
Land Size
1025m2
Local Government
Mount Alexander
Lot/Plan
1/TP6550

Last Listing description (November 2024)

Nestled back from the street, this picturesque two-bedroom Californian Bungalow is on a generous 1025 sqm (approx) block, perfect for first-time buyers or savvy investors eyeing subdivision potential for a multi-unit development (STCA). The property is within walking distance of central Castlemaine for retail and amenities, the train station for service to Melbourne or Bendigo, and the Winters Flat Primary School. The period home features an entry from the front porch into a formal foyer with pretty lead-light windows. The front-facing living room has a period brick surround with built-in shelving and overlooks the front porch and garden. Central to the home is the dining room with period timber cladding, a built-in display cabinet, a window to the kitchen and a classic period fireplace surround. The light and bright north-facing kitchen with its retro curved cabinets has a freestanding gas cooktop and oven, a large walk-in pantry and storage room and access to a covered patio complete with a vine-covered pergola-ideal for alfresco dining. The front-facing main bedroom has built-in robes and a lovely view of the surrounding landscape and Mount Franklin on the horizon. A spacious second bedroom has timber period detailing with built in robe. To the rear of the home is the bathroom with laundry facilities, a shower over the bath, a toilet and a vanity. Additional details include ducted heating and evaporative cooling, with period details being timber cladding, stained glass, ornate plasterwork and double-hung windows. The generous grounds include a concrete driveway leading to a 6m x 6m double garage, shedding, a period outdoor loo, and a separate solid brick building, once part of an historic dairy, which offers more storage and amenity possibilities. The garden has a veggie patch and established planting. The north-facing elevated back garden has sub-division (STCA) potential to build your dream eco-home or multi-unit development and take in the surrounding views. This pretty Californian offers endless possibilities.

Property History for 8 Ray St, Castlemaine, VIC 3450

A timeline of how this property has performed in the market
Last Sold
$680,000
11 Nov 2024
Listed for Rent
$395/w
26 Aug 2021
  • 11 Nov 2024
    Sold for $680,000
  • 24 Oct 2024
    Listed for Sale $650,000
  • 10 Aug 2021
    Listed for Rent $395 / week
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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.
There are currently 39 properties listed for sale, and no properties listed for rent in Castlemaine on OnTheHouse. According to CoreLogic's data, 151 properties were sold in the past 12 months in Castlemaine.

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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.