122 Barker StreetCastlemaine VIC 3450
Property Details for 122 Barker St, Castlemaine
Last Listing description (July 2024)
FANTASTIC POSITION AND STRONG RETURNS
A high-profile property showing a net annual return in excess of 7% with 3 separate and quality tenants in the midst of the Castlemaine CBD is ready for the astute investor.
The tenancies consist of a Law firm, Physiotherapist and Employment Agency with the property sitting on the prominent corner of the Midland and Pyrenees Highways.
Set on a parcel of approx. 1065m2 and all under the cover of the building each of the tenants have 4 secure undercover carparks which enhances the strength of this investment long term as well as the growing Commercial Development in this vibrant and highly desirable part of Central Victoria.
Property History for 122 Barker St, Castlemaine, VIC 3450
- 03 May 2024Listed for Sale Contact Agent
- 09 Dec 2022Listed for Sale $2,100,000
Recent sales nearby
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0About 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 30.71% increase in median value, while Units have seen a 30.30% increase. As at 31 January 2026:
- The median value for Houses in Castlemaine is $780,444 while the median value for Units is $538,448.
- Houses have a median rent of $500 while Units have a median rent of $400.
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