85 Duke St, Castlemaine is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 2001. The property has a land size of 1628m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Just a couple of clicks out of town and presenting incredible potential with seemingly boundless options, this fabulous 1613sqm (approx) double allotment offers rare triple frontages which elevate the opportunity even further.
Currently on offer is a rather time-worn weatherboard with a heated/air-conditioned lounge, dine-in kitchen and three good-sized bedrooms sharing a central bathroom. With a classic verandah outside and high decorative ceilings inside, the nostalgic home would certainly respond well to the delicate touch of a committed renovator.
However, the property's true value lies in the stunning block of land. With a north-facing rear and access on three sides, those who want it all for themselves could clear the site and craft a luxury family residence with glorious alfresco areas stretching out in the sun. Alternatively, there is the chance to really capitalise and add value, by subdividing the block to make way for multiple contemporary abodes which would all still enjoy a lovely slice of greenery (all building & development STCA).
Just moments from Castlemaine's shops, cafes & amenities, this piece of rural paradise is ideally located midway between beautiful Daylesford and Bendigo's bustling CBD.
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 4,825 properties. Over the last 5 years, Houses in Castlemaine have seen a 12.54% increase in median value, while Units have seen a 13.94% increase. As at 30 June 2026:
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