231 Barker StreetCastlemaine VIC 3450
Property Details for 231 Barker St, Castlemaine
Last Listing description (November 2019)
Situated in a prime CBD location with an attractive period facade, featuring large glass windows looking out onto busy Barker Street, this two-storey building offers a multitude of options for the astute investor or owner occupier.
Upstairs offers a fully self-contained one bedroom apartment with large lounge and open fireplace, additional utility room, bathroom, kitchen, courtyard and ground level private access from the rear laneway, ideal as permanent or holiday rental accommodation.
The downstairs area, currently operating as a cafe, features a large open shop space with stunning polished concrete floors and modern light fittings, two store rooms as well as unisex toilets with disabled access, however could easily be converted to two separate shops allowing the purchaser to capitalise on the full rental potential of the space.
Located just 200m from Castlemaine V/Line station and across the road from the post office in this vibrant town, home to a lively food and arts culture.
Premium investment properties such as this are tightly held in Castlemaine.
Property History for 231 Barker St, Castlemaine, VIC 3450
- 16 Feb 2021Transferred
- 25 Oct 2019Sold for $715,000
- 29 Jun 2018Listed for Sale $725,000 plus GST if applicable
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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 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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