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This property has been sold for $1,530,000 on 26 Aug 2026

77 days on market

Market context at sale

Suburb cycle phase
Balanced
RBA cash rate
4.35%
Suburb median (August 2026)
$745,000(+105%)

Listing journey

Essentials

This property went through a full listing campaign over 77 days on market. See what it first asked, every reduction along the way, and what it finally sold for.

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24 Ross Drive, Castlemaine, VIC, 3450

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Asking Price

$1,595,000

4 Beds2 Baths6 Cars
Land: 16,202 m2
Floor: 259 m2
Built: 1996

Property overview

This 4-bedroom house at 24 Ross Drive in Castlemaine, VIC 3450 sold for $1.5M in August 2026, with 2 bathrooms and parking for 6. It offers a 16,202 m2 block and 259 m2 of internal living space. The house was built in 1996. The median house price in Castlemaine is $745K. Council data records bushfire overlay on the site. There are 9 schools within roughly 5km, and the area scores 70 for walkability and 3 for transit out of 100.

Signal summary

A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.

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Based on $1,595,000 asking signal.

Signals use available listing and suburb data. They are not personal financial advice.

  • Planning overlay risk

Listed

Updated

Days on market

77

Investment Score

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Castlemaine at a glance

House market signals | VIC 3450

Full suburb profile

Median

$745K

Market signals

To CBD

106 km

Bushfire zone

Est. Valuation

$1,470,987

Potential Sell Price

Est. Rent/wk

$658

Potential Gross Yield

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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.

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Key Highlights

Priced 114% above suburb median
16,202 m2 block
Vacancy rate 0.8%
Suburb avg 94 days on market
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Planning Overlays

Overlays Detected

Subdivision & Development Potential

RLZ1

Indicative assessment only. Consult your local council planning department for definitive subdivision information.

From the listing description

Facts the agent has stated in the property description. Each item is attributed - click “View source” to see the original wording and verify against the listing.

Zoned to western wing alongside the

Total Cost to Purchase

Purchase Price
$1,595,000
Stamp Duty (Victoria)
$87,725
Transfer/Registration Fee
$2,500
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Total Cash Required
$1,687,925

Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.

Listing Details

Listed
Last Updated
Postcode
3450

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