This large level allotment of approximately 1000m2 (1/4 acre) is ideally situated within a couple of hundred metres of the Castlemaine CBD and would suit a residential development (stca). All township services are connected or available. With a road frontage to Forest Street of approximately 20 metres and a depth of approximately 50 metres and being residential 1 zoning this long held parcel is ready to entertain many options.
Also available approximately 650m2 of adjoining Commercial 1 Zone land. Refer to attached site plan.
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 4,792 properties. Over the last 5 years, Houses in Castlemaine have seen a 15.97% increase in median value, while Units have seen a 18.41% increase. As at 30 April 2026:
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