1003 Castlemaine-Maldon Road,
Gower VIC 3463

About Castlemaine Region

With an average age of 58, households expect an average monthly mortgage payment of $1,478 or a weekly rent payment of $300. The average family earns a weekly income of $1,444 with a typical household size of 2.2 and a 92.39% employment rate.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Gower due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Gower changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Gower necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Gower the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Public Transport

Bendigo Stop 1: Central Deborah Gold Mine Elphinstone Muckleford Maryborough Stop 2: Charing Cross Stop 3: Bendigo Tramways Depot and Workshop Kangaroo Flat Castlemaine Maldon

General Points of Interest

Turkish Gun 1915 Castlemaine and District Junior Motocross Tarrengower Prison Farm Victory Sign Maldon Golf Course Maldon Swimming Pool North British Mine Red White and Blue Mine Carmans Tunnel Gold Mining Memorial

Population

(Country of Birth not stated 10%)

Are people healthy?

Local Crime Rates

Incidents Trend State Average

Local Schools

• School Catchments

  Castlemaine Secondary College Maldon Primary School

• Olivet Christian College

  Campbells Creek, VIC, 3451 Independent Prep-10

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• Castlemaine Steiner School & Kindergarten

  Muckleford, VIC, 3451 Independent Prep-8

  NAPLAN

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• Castlemaine North Primary School

  Castlemaine, VIC, 3450 State Prep-6

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• Maldon Primary School

  Maldon, VIC, 3463 State Prep-6

  NAPLAN

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Property Story

Local Developments

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• 134 Acme Avenue Street, Town, State

  Description - Details the application. Type and other information pertaining to the development application and more...

  Authority Reference: UX0909823-GOV Website