Castlemaine, VIC 3450
Compare Part of Mount Alexander
106.18 km
Distance from Melbourne CBD
7 k
Population
Median Sale Price
House
$552K
Updated on Jan 2021
2 BR $499K | 3 BR $518K | 4 BR $833K |
Unit
$463K
Updated on Jan 2021
1 BR - | 2 BR $407K | 3 BR $658K |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $265,000 | 0.0% | $140,000 | $660,000 | 115 |
| 2010 | $325,000 | +18.5% | $168,000 | $1,215,000 | 192 |
| 2011 | $350,000 | +7.1% | $193,500 | $855,000 | 129 |
| 2012 | $358,000 | +2.2% | $195,000 | $980,000 | 146 |
| 2013 | $383,000 | +6.5% | $115,000 | $2,000,000 | 244 |
| 2014 | $370,000 | -3.5% | $139,000 | $1,270,000 | 141 |
| 2015 | $380,000 | +2.6% | $184,250 | $1,290,000 | 157 |
| 2016 | $440,000 | +13.6% | $220,000 | $1,275,000 | 181 |
| 2017 | $455,000 | +3.3% | $230,000 | $1,200,000 | 184 |
| 2018 | $515,000 | +11.7% | $280,000 | $995,000 | 129 |
| 2019 | $559,000 | +7.9% | $300,000 | $1,200,000 | 119 |
| 2020 | $575,000 | +2.8% | $312,000 | $1,500,000 | 137 |
| 2021 | $672,000 | +14.4% | $405,000 | $1,200,000 | 18 |
Median Sale Price
$560K
Based on 131 recorded sales within the last 12 months
Updated on 2 Mar 2021
Suburb Growth
-3.4%
Current Median Price: $560,000
Previous Median Price: $579,000
Based on 263 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Feb 2021)
Price Range Segments (12 months ending Feb 2021)
Median Weekly Rent Price
House
$360
Updated on Jan 2021
2 BR $340 | 3 BR $370 | 4 BR $430 |
Unit
$315
Updated on Jan 2021
1 BR $275 | 2 BR $320 | 3 BR $365 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $285 | 0.0% | $200 | $450 | 69 |
| 2012 | $300 | +5.0% | $170 | $450 | 80 |
| 2013 | $315 | +4.8% | $200 | $550 | 130 |
| 2014 | $330 | +4.5% | $200 | $595 | 150 |
| 2015 | $310 | -6.5% | $225 | $650 | 168 |
| 2016 | $320 | +3.1% | $195 | $600 | 133 |
| 2017 | $320 | 0.0% | $185 | $500 | 141 |
| 2018 | $350 | +8.6% | $245 | $595 | 124 |
| 2019 | $350 | 0.0% | $250 | $575 | 107 |
| 2020 | $370 | +5.4% | $240 | $595 | 93 |
| 2021 | $380 | +2.6% | $350 | $800 | 6 |
Median Rent Price
$375
per week
Based on 84 recorded rent within the last 12 months
Updated on 2 Mar 2021
Rent Price Growth
+4.0%
Current Median Rent: $375
Previous Median Rent: $360
Based on 191 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.5%
Current Median Price: $560,000
Current Median rent: $375
Based on 215 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Feb 2021)
Auction Results For Castlemaine
Houses sold in Last 12 months ends 27 Feb 2021
$652K
Median Sale Price
100%
Clearance Rate
56/56
Sold/Reported
$1.5M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.4 M - $1.6 M | 1 | |
| $1.2 M - $1.4 M | 3 | |
| $1 M - $1.2 M | 3 | |
| $800 K - $1 M | 8 | |
| $600 K - $800 K (Median Price Range) | 15 | |
| $400 K - $600 K | 23 | |
| less than $400 K | 1 | |
Similar Suburbs to Castlemaine 3450
Based on median house sale price sold in last 12 months
Schools closest to Castlemaine, VIC 3450
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| St Mary's School | TEMPLETON STCastlemaine 3450 | Primary | Catholic | 0.36 km |
| Castlemaine Primary School | CNR MOSTYN & URQUHART STREETCastlemaine 3450 | Primary | Government | 0.51 km |
| Castlemaine North Primary School | 270 BARKER STREETCastlemaine 3450 | Primary | Government | 0.71 km |
| Winters Flat Primary School | 3 ROBERTS AVENUECastlemaine 3450 | Primary | Government | 1.14 km |
| Castlemaine Secondary College | ETTY STCastlemaine 3450 | Secondary | Government | 1.5 km |
| Castlemaine Secondary College Junior Campus | Castlemaine 3450 | Secondary | Government | 1.81 km |