VIC3450· Pop. 7,588Mount Alexander

CASTLEMAINE

EstablishedSteady performer with reliable demand and moderate capital growth

Investor score

Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.

Median price

$750,000

VIC Gov · 2025

Rent yield

3.3%

computed from govt data

Annual growth

1.7%

annualised from govt data

Vacancy rate

2.2%

modelled estimate

AI insights for CASTLEMAINE

Investment analysis, risks & comparisons

PREMIUM

CASTLEMAINE shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

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Median price sourced from VIC Gov · 2025 — real government transaction data. Growth, demand and vacancy figures remain modelled estimates.

Median rent

$475/wk

DFFH Moving Annual Rent · Sep 2025

Demand change

+0.8%

annual shift

Yield × growth index

2.5

combined signal

Net yield (est.)

5.07%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

+6.2%

est. compound, long-run avg

10-yr growth (CAGR)

+4.1%

est. compound, long-run avg

Rental demand

45 / 100

Moderate demand

Supply pipeline

Real

2.6%

new dwellings approved / stock · ABS 2024-25

Moderate supply

5-year price history

2020

$557k

2021

$681k

2022

$725k

2023

$725k

2025

$750k

Source: VIC Gov · 2025 · all sources

Market overview

CASTLEMAINE is a VIC suburb offering lower rental yield and moderate price growth. The local economy supports a stable rental base, with ongoing demand from owner-occupiers and investors seeking value outside capital cities.

Highlights

Rental yield 3.3% with stable tenant demand
Access to national transport network and amenities

Risk factors

Below-average growth — limited capital appreciation signal
Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$1,110/wk

$34k taxable p.a.

Renters

23.3%

73.4% owner-occupier

Median age

52.0 yrs

Unemployment

5.2%

Population growth

+0.3% p.a.

Investor-owned

16.0%

of all dwellings (ATO)

Houses

78%

5% apartments

Degree qualified

21.2%

bachelor's or higher (ABS)

Work from home

16.5%

of employed residents (ABS Census)

Median lot size

2.6 ha

Large block

Household size

2.7 persons

avg per dwelling (ABS Census)

Short-term rental

0.2%

Mostly long-term tenants

Market activity

Distance to CBD

106.6 km

Regional

Days on market

57 days

Slower market

Auction clearance

37.6%

Buyer's market

Walkability

86 / 100

Walker's paradise

Coastal proximity

101.1 km

Inland

NBN technology

FTTP

Fastest — full fibre to premises

Population density

26/km²

Rural / semi-rural

Schools in postcode 3450

🏫4 Primary🎓1 Secondary

ACARA 2025

🏫Primary (4)

Castlemaine North Primary School

Government · Yrs Prep-6

ICSEA 1117

Winters Flat Primary School

Government · Yrs Prep-6

ICSEA 1078

Castlemaine Primary School

Government · Yrs Prep-6

ICSEA 1054

St Mary's School

Catholic · Yrs Prep-6

ICSEA 1033

🎓Secondary (1)

Castlemaine Secondary College

Government · Yrs 7-12

ICSEA 1040

ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.

Liveability & safety

Safety index

High crime

0/ 100

13.5 offences / 100 persons

Source: VIC Crime Statistics Agency · Dec 2025

School quality

Above average

1064ICSEA · national avg 1000

5 schools in postcode area

Source: ACARA My School 2025

Transit access

Car-dependent

6/ 100

🚆 0 train🚌 0 bus

Source: State GTFS feeds

Gentrification signal

/ 100

Stable / no signal

Established suburb with stable demographics. Consistent demand but lower gentrification upside.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Environmental risk

🌊

Flood risk

none

Source: State GIS flood zone data

🔥

Bushfire risk

high

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

none

Coastal exposure + state climate

Live suburb intelligence

Fetching live data…

Location

Properties in CASTLEMAINE

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