88 Hargraves StreetCastlemaine VIC 3450
Property Details for 88 Hargraves St, Castlemaine
88 Hargraves St, Castlemaine is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 1900. The property has a land size of 202m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Last Listing description (March 2026)
Positioned in the heart of Castlemaine and set among a row of heritage homes, this character-filled weatherboard cottage delivers easy town living with excellent accommodation flexibility. Cafs, pubs, shops and public transport are all within a short walk, making the location as practical as it is appealing.
The main residence opens via a traditional hallway and comprises a light-filled bedroom with reverse cycle heating and cooling, a contemporary bathroom with a deep soaking bath, and an open-plan living and dining zone stretching across the rear of the home. This space is warmed by a cosy fireplace and further climate controlled by reverse cycle air conditioning. The cottage kitchen is compact yet well designed, featuring stainless steel gas appliances, traditional cabinetry and timber floors that run throughout.
To the rear, a separate, fully self-contained studio provides outstanding versatility. Originally designed as an audio recording studio, it offers excellent insulation, soundproofing and double glazing, along with reverse cycle air conditioning and a loft-style mezzanine sleeping area. Ideal for guests, short-stay accommodation, a home office or creative workspace, it allows for genuine separation from the main house.
Both the cottage and studio enjoy their own brick-paved outdoor terraces, surrounded by established, low-maintenance gardens. A separate garden laundry with second shower and toilet adds further functionality and enhances the property's flexibility.
Currently operating successfully as an Airbnb at approximately $250 per night, the dual-living layout presents a strong opportunity for investors, while owner-occupiers will appreciate the manageable size, character and unbeatable town-centre location.
Well suited to downsizers, first-home buyers or those seeking a stylish and low-maintenance base in Castlemaine, this is a tightly held address offering lifestyle, income potential and enduring appeal.
Property History for 88 Hargraves St, Castlemaine, VIC 3450
- 15 Jan 2026Listed for Sale $745,000
- 20 Aug 2024Listed for Sale $795,000
- 15 Oct 2021Sold for $695,000
Recent sales nearby
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About Castlemaine 3450
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 4,827 properties. Over the last 5 years, Houses in Castlemaine have seen a 17.87% increase in median value, while Units have seen a 12.60% increase. As at 31 July 2026:
- The median value for Houses in Castlemaine is $750,459 while the median value for Units is $548,914.
- Houses have a median rent of $545 while Units have a median rent of $413.
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