40a Greenhill Avenue
Castlemaine, 3450 VIC
House on a 1,260 m² block.
Property Snapshot
House4 Bed2 Bath2 Off Street1,260 m² Land167 m² Internal
Investment Highlights
What makes 40a Greenhill Avenue compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
1,260 m²
Frontage
—
Zoning
GRZ1
Residential - Medium Density
Why Buyers Look At This One
Renovate upside — modest 167 m² internal area creates a clear renovation, extension or reconfiguration opportunity.
Walkable transport position — approx. 182m to bus, 991m to train station and 996m to schools.
Neighbourhood quality — strong owner occupier setting with low-turnover character housing nearby.
Property Snapshot
Core facts, planning controls and ownership history.
Bedrooms
4
Bathrooms
2
Parking
2 off-street
Internal Area
167 m²
Ownership & Value
Last Sold$735k
Sold DateApr 2026
Land Value—
RPD4\LP26221
Planning & Site
Property TypeResidential
AccessSingle Access
Height Limit—
Max Storeys—
Residential
Pricing & Valuation
Guide, estimate and broader pricing context.
Market Status
Off Market
4 Bed Median
$887k
Growth Since 2026
—
Price Estimate
—Low
$735k
—High
VeryHigh Confidence
—
Since last sold — $735,000 — April 2026
Suburb 4 bed house median price over time
Rental Market
Yield, rental pricing and local leasing landscape.
Median Rent
$642
4 Bed Yield
3.8%
Vacancy
0.7%
Rentals Last 12M
4
Suburb 4 bed house median rent over time
Planning & Risk Overlays
Important due diligence considerations for this property.
Flood Overlay Detected
LSIO1 - LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 1
Other Overlays
Bushfire: No bushfire known in this area. Heritage: Aboriginal Cultural Heritage Sensitivity; Recognition and Settlement Agreement - Dja Dja Wurrung RSA - Traditional Owner Settlement Act. Biodiversity: SLO - SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 2.
Location & Connectivity
Access to transport, schools and local amenity around 40a Greenhill Avenue.
Train Station
991m
Bus Stop
182m
Schools
996m
Road Type
service
Transport: Easy access to nearby train station and frequent bus routes.
Lifestyle: Walking distance to local shops, parks and nearby dining precincts.
Positioning: Quiet residential street with strong owner occupier presence and limited turnover.
Neighbourhood Profile
Proximity to amenities and local context impacting livability.
Social Housing
4.6%Train Station
991mBus Stop
182mCentre Zone
430mRoad Type
service (Low Noise)School Catchment
996mCastlemaine Snapshot
Broader suburb metrics that support the local story.
Population
7,506
Owner Occupiers
73%
Social Housing
4.6%
Crime Index
—
Not available
High Owner Occupier AppealLow Vacancy
Explore Castlemaine in more detail
Deep dive into growth, demand, demographics and comparable sales.
View Suburb Profile
