68 Mostyn Street, Castlemaine, VIC 3450 | Property Value & History | OnTheHouse
OFF MARKET

68 Mostyn Street
Castlemaine VIC 3450

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 900m2
Land area: 971m2
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Property Details for 68 Mostyn St, Castlemaine

Building Type
Commercial
Floor Size
900m2
Land Size
971m2
Local Government
Mount Alexander
Lot/Plan
PC368266

Last Listing description (January 2022)

Centrally located, The Empyre is a beacon of Castlemaine history and offered to astute investors or visionary business operators as a leading private hotel, boutique B&B, caf/restaurant or stunning private residence.

The imposing property stands tall in the heart of historic Castlemaine, central to Victoria's Golden Triangle. Established as the Albion Hotel in 1860, the building has been meticulously refurbished, melding old world charm with contemporary glamour.


Five guest suites feature antique carved beds with the last suite featuring a modern lush king size bed, cosy lounge areas and contemporary marble bathrooms. The two signature suites offer additional features with chandeliers, gas log fireplaces and French doors opening to their very own private balcony looking down over town. The Empyre bar has had a recent rejuvenation to feature the original entrance from the street and the addition of a glamourous cocktail lounge. The interiors of The Empyre retain many features typical of the era, such as high ceilings, elaborate rosettes and cornices, casement windows, mantles, wallpaper and quality English carpets and window dressings.

Other features include a two bedroom private apartment, come managers residence with ensuite, domestic kitchen and a study. A large carpark and established gardens with 2 private courtyards form the rear of the 1,033 sqm property. A second, albeit smaller, title does allow for the possibility of subdivision (STCA).

A fully equipped commercial kitchen, storage areas and 2 cellars complete the property.

The sale includes antique furniture throughout, chandeliers and all plants and equipment, enabling immediate operation of a restaurant or accommodation.

Castlemaine is a destination of choice and only 90 minutes from Melbourne. Tullamarine Airport is easily accessible at only an hour away. The V/Line train services offer access to both Bendigo and Melbourne and is walking distance from the property. The region boasts an array of delights and experiences including the Harcourt Valley Wine Region, apple orchards, numerous art galleries, studios, markets, cafes, walking and mountain biking trails and the beautiful surrounds of the Botanic Gardens.

Property History for 68 Mostyn St, Castlemaine, VIC 3450

A timeline of how this property has performed in the market
Last Sold
$2,670,000
06 Oct 2021
  • 06 Oct 2021
    Sold for $2,670,000
  • 19 Apr 2020
    Listed for Sale Not Disclosed
  • 27 Mar 2018
    Sold for $1,713,200
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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 4,802 properties. Over the last 5 years, Houses in Castlemaine have seen a 35.56% increase in median value, while Units have seen a 29.49% increase. As at 31 December 2025:

  • The median value for Houses in Castlemaine is $779,825 while the median value for Units is $517,742.
  • Houses have a median rent of $500 while Units have a median rent of $398.
There are currently 19 properties listed for sale, and no properties listed for rent in Castlemaine on OnTheHouse. According to Cotality's data, 196 properties were sold in the past 12 months in Castlemaine.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.