119b Duke St, Castlemaine is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1952. The property has a land size of 1013m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in January 2012.
Classic 1950's timber home fully restored on a large allotment offering potential for sub-division STCA. For the astute investor or those looking to share independently with a friend, this perfectly restored home offers three bedrooms, main with ensuite and walk in robe, well-appointed kitchen, dishwasher, 900mm gas stove, central island, adjoining dining/living area with split system air conditioner and sliding door to the elevated north facing timber deck, new spacious family bathroom with bath plus shower, separate laundry. The rear yard is currently fenced providing a private outdoor living space to the existing house plus a large rear area ready for redevelopment. The estimated rental return for the existing house is $340 per week providing an excellent income while development opportunity is pursued. Be the smart one who chooses this!
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 4,826 properties. Over the last 5 years, Houses in Castlemaine have seen a 12.54% increase in median value, while Units have seen a 13.94% increase. As at 30 June 2026:
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