48-50 Blakeley Road, Castlemaine, VIC 3450 | House for sale | OnTheHouse
 
FOR SALE
$680,000

48-50 Blakeley Road
Castlemaine VIC 3450

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
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CORNER POSITION WITH DUAL CROWN ALLOTMENTS AND ENDLESS POTENTIAL

Superbly positioned on the high side of a quiet street, this unique property sits on an expansive approx. 1,350m² across two separate parcels, offering a wealth of options for future development (STCA), subdivision, or the creation of a spacious lifestyle residence in a peaceful setting.
Set on the corner of an unused road, the site provides excellent access and flexibility for multiple dwelling options, making it ideal for developers, investors, or those seeking space and privacy.
The existing three-bedroom home features a broad return verandah/deck perfect for enjoying the leafy surrounds. The generous lounge/living area forms the heart of the home, complemented by a north-facing kitchen and meals area that captures beautiful natural light.
The central bathroom is functional and well-sized for the three bedrooms, while the large laundry/mudroom opens to a private rear verandah, ideal for relaxed outdoor entertaining.
This property is surrounded by mature trees and garden potential, offering a private, tranquil setting while still being close to town amenities.
With its combination of dual titles, corner allotment, and existing dwelling, this is a rare opportunity to secure a flexible and appealing property in a sought-after location. A must-see for those looking to invest, develop, or create a dream home with room to grow.
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Property Details for 48-50 Blakeley Rd, Castlemaine

48-50 Blakeley Rd, Castlemaine is a 3 bedroom, 1 bathroom House with 3 parking spaces. The place is currently for sale with Castlemaine Property Group.

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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 2016 was 6757 people. By 2021 the population was 7506 showing a population growth of 11.1% 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 2021, 73.40% of the homes in Castlemaine were owner-occupied compared with 71.00% in 2016.

Castlemaine has 4,803 properties. Over the last 5 years, Houses in Castlemaine have seen a 45.53% increase in median value, while Units have seen a 40.39% increase. As at 31 October 2025:

  • The median value for Houses in Castlemaine is $789,148 while the median value for Units is $554,887.
  • Houses have a median rent of $498 while Units have a median rent of $398.
There are currently 23 properties listed for sale, and 1 property listed for rent in Castlemaine on OnTheHouse. According to Cotality's data, 186 properties were sold in the past 12 months in Castlemaine.

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Brett Fitzpatrick
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Brett Waller
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Castlemaine Property Group
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