Two Classic Victorian Shops and Two separate self-contained residences
Beautifully situated in central Castlemaine midway between The Council Club Hotel, now knowns as the Hub, and the elegant Midland Hotel opposite the Rail Station this fully renovated property offers many options to the owner occupier or investor. The property offers a delightful street front with two securely leased Victorian shops offering a sound and secure annual income of approximately $28,500 between them. Immediately behind is an adjoining solid brick one bedroom residence with an abundance of natural light from windows and skylights then step on the established garden courtyard and you come to a separate fully self-contained one-bedroom timber cottage.
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 4,849 properties. Over the last 5 years, Houses in Castlemaine have seen a 17.35% increase in median value, while Units have seen a 12.67% increase. As at 31 August 2026:
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