5 Wallace St, Castlemaine is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 762m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Built as a family home in the 1970s, with links to the iconic Castlemaine Rock confectionary, this classic cream brick residence in original condition is ready for a modern makeover.
A solid foundation for a modern family home, the residence sits on approximately 751 sqm and features a large front patio, wide entrance, double glass sliding doors to the spacious lounge, kitchen/dining with elevated cooker, three bedrooms, central bathroom, separate laundry, and toilet. Two of the three generous bedrooms have built-in robes and the third an additional room perfect as a study, dressing room or craft space. The north facing rear has a covered porch with ramp access. External features include off street parking, low maintenance yard and a double steel garage with workspace.
To further accommodate family living, the Wesley Hill Village Market, Recreation Reserve sporting facilities and the Leanganook Goldfields Track are all within an easy walk and the Castlemaine South Primary School is close by.
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 4,796 properties. Over the last 5 years, Houses in Castlemaine have seen a 18.57% increase in median value, while Units have seen a 15.87% increase. As at 31 May 2026:
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