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12/24-32 Gallway Street

Castlemaine, VIC 3450, Australia
$295,000
1835m²

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Area Price Guide
$277,300$312,700

Indicative price guide range

🏘️
90
Comparable
📊
$720,000
Area median
⚖️
-59%
vs median
📐
$161
Per m²
📏
1835 m²
Land
🗓️
1 week ago
Listed

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About this property

The larger of the two Gallway Street allotments, Lot 12, offers 1835sqm (approx.) of established bushland with a shed that warrants serious attention. At 21.4m x 14.5m, the structure is built the old way, with round timber posts, exposed king post trusses, and corrugated iron over a concrete floor. Natural light filters through translucent roof sheeting the length of the building. It is the kind of shed that takes decades to accumulate and cannot be replicated at this price point. For the car enthusiast, the collector, or the buyer seeking genuine workshop scale, this is the headline feature. The land itself is well proportioned, with open ground around the shed and an established native canopy to the boundaries. There is clear scope to build a primary residence or weekender alongside the existing structure, STCA. Vehicle access is via a broad dirt track, well-suited to the movement of large equipment, vehicles, or a caravan. This is a quiet, settled part of Castlemaine. Neighbouring properties of character, bush as the immediate outlook, and the town centre within easy reach. The land is zoned Rural Living. Castlemaine sits at the heart of the Mount Alexander region, two hours from Melbourne's CBD via the Calder Freeway, with daily V/Line services and a regional culture, schools, food, and arts that continue to draw buyers from the city.

Property Features

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    Repayment calculator

    $1,430/month
    $715 /fortnight
    Loan $236,000 at 6.10% over 30 years

    Upfront costs

    Deposit$59,000
    Stamp duty$12,770
    Conveyancing (est.)$2,000
    Total upfront$73,770
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    land
    Listing Type
    For Sale
    Land Area
    1835m²
    Listed
    1 week ago

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