1 Watson StreetCastlemaine VIC 3450
Property Details for 1 Watson St, Castlemaine
Last Listing description (August 2026)
An exciting opportunity to secure a fully serviced residential allotment in a peaceful semi-rural pocket of Castlemaine, with a selection of land sizes and orientations to suit a variety of building plans.
Available from $250,000, the allotments range from approximately 652m to 797m and are predominantly level, providing straightforward sites for those looking to build a new home without compromising on space.
Positioned within a quiet cul-de-sac, the development enjoys an appealing outlook towards surrounding open land while remaining conveniently located approximately 1.65km from Castlemaine Rail Station and within easy reach of the township.
All lots are serviced with water, sewer, power and NBN, providing the essential infrastructure already in place. Selected allotments also offer additional benefits, including north-facing rear yards.
With a range of sizes and positions available, these allotments provide the freedom to choose a site that best suits your lifestyle, home design and future plans.
Allotments from $250,000.
Property History for 1 Watson St, Castlemaine, VIC 3450
- 28 Aug 2026Listed for Sale From $250,000
- 11 May 2026Listed for Sale $290,000-$350,000
- 29 May 2025Sold for $250,000
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About Castlemaine 3450
The size of Castlemaine is approximately 20.2 square kilometres. There are 26 parks, covering nearly 22.3% of the 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 4,828 properties. Over the last 5 years, Houses in Castlemaine have seen a 17.87% increase in median value, while Units have seen a 12.60% increase. As at 31 July 2026:
- The median value for Houses in Castlemaine is $750,459 while the median value for Units is $548,914.
- Houses have a median rent of $545 while Units have a median rent of $413.
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