CASTLEMAINE 3450
State: VICPosiProp AI Investment Summary
CASTLEMAINE (VIC 3450) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.9% and has experienced a 12-month capital growth of Up 0.1%, with a median house buy price of $740,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$650,000
$740,000
$993,500
$740,000
Suburb Market Profile
Last month Castlemaine had 9 properties available for rent and 70 properties for sale. Median property prices over the last year range from $740,000 for houses to $540,000 for units. If you are looking for an investment property, consider houses in Castlemaine rent out for $530 PW with an annual rental yield of 3.9% and units rent for $440 PW with a rental yield of 4.3%. Castlemaine has seen an annual compound growth rate of 0.1% for houses and -7.1% for units.
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