Castlemaine, a vibrant town in Victoria's Goldfields region, is renowned for its beautiful heritage architecture, rich history, and strong sense of community. It offers a perfect blend of country charm and urban convenience, making it an attractive destination for families, retirees, and young professionals alike. This article delves into the best residential areas in Castlemaine, showcasing their unique characteristics, housing options, and average prices.
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Castlemaine Town Centre

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The Castlemaine Town Centre is the cultural and commercial heart of the town. It boasts a lively atmosphere, with a range of shops, cafes, and restaurants just a stone's throw away. Centrally located, it's a perfect spot for those wanting to immerse themselves in local activities.
Characteristics of the Castlemaine Town Centre
* Culture: Art galleries, historic buildings, markets
* Transportation: Well-serviced by public transport and walking tracks
* Services: Supermarkets, schools, healthcare facilities
* Environment: Vibrant and community-oriented
Housing Options in the Castlemaine Town Centre
Victorian homes, modern apartments, townhouses
Average Home Prices in the Castlemaine Town Centre
* Buying: $600,000 – $850,000
* Renting: $1,200 – $1,800/month
Buda Historic Home & Garden

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This unique area is known for its renowned historical gardens and the iconic Buda House. The ambience is tranquil and picturesque, perfect for those who appreciate nature and a slower pace of life.
Characteristics of the Buda Historic Home & Garden
* Culture: Gardens, art installations, historical significance
* Transportation: Car preferred; public transport options limited
* Services: Nearby cafes, some shopping, historical tours
* Environment: Serene and heritage-rich
Housing Options in the Buda Historic Home & Garden
Heritage homes, large lots, some flats
Average Home Prices in the Buda Historic Home & Garden
* Buying: $700,000 – $1,000,000
* Renting: $1,300 – $1,900/month
Campbells Creek

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Situated just a short drive from Castlemaine, Campbells Creek is an inviting suburb that provides a country feel while still being close to urban amenities. It's aptly suited for families looking for peace and space.
Characteristics of the Campbells Creek
* Culture: Community spirit, outdoor activities, local events
* Transportation: Reliable bus service; mostly car-dependent
* Services: Local shops, schools, recreational facilities
* Environment: Family-friendly and relaxed
Housing Options in the Campbells Creek
Family homes, new developments, duplexes
Average Home Prices in the Campbells Creek
* Buying: $500,000 – $700,000
* Renting: $1,100 – $1,500/month
Newstead

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Newstead is a charming village located a short distance from Castlemaine, known for its strong community ties and scenic views. It is an ideal suburb for those who appreciate a rural lifestyle while still being close to town.
Characteristics of the Newstead
* Culture: Artisan community, local festivals
* Transportation: Limited public transport; car essential
* Services: Local boutiques, cafes, community centre
* Environment: Quaint and relaxed
Housing Options in the Newstead
Cottage-style homes, hobby farms
Average Home Prices in the Newstead
* Buying: $450,000 – $650,000
* Renting: $1,000 – $1,400/month
Chewton

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Chewton is a peaceful suburb known for its spacious properties and an abundance of natural beauty. It is a great spot for those looking for larger land lots and a quieter lifestyle.
Characteristics of the Chewton
* Culture: Nature-focused community, arts and crafts
* Transportation: Car recommended; some public transport options
* Services: Local crafts shops, community events
* Environment: Idyllic and nature-oriented
Housing Options in the Chewton
Larger homes with land, eco-friendly builds
Average Home Prices in the Chewton
* Buying: $500,000 – $750,000
* Renting: $1,200 – $1,600/month
Maldon

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A short drive from Castlemaine, Maldon is a historic gold mining town that offers a unique living experience filled with charm and history. It attracts those interested in heritage and a close-knit community vibe.
Characteristics of the Maldon
* Culture: Gold rush history, antique shops, local arts
* Transportation: Limited public transport; mainly by car
* Services: Local stores, cafes, historical tours
* Environment: Heritage and community-centric
Housing Options in the Maldon
Character homes, blocks of land
Average Home Prices in the Maldon
* Buying: $600,000 – $900,000
* Renting: $1,100 – $1,800/month
Frequently Asked Questions About the Best Residential Areas in Castlemaine:
The best residential areas in Castlemaine include Castlemaine Town Centre, Buda Historic Home & Garden, Campbells Creek, Newstead, Chewton, and Maldon.
Campbells Creek and Castlemaine Town Centre are well-known for being family-friendly, offering local schools and recreational facilities.
The average property price in Castlemaine varies by suburb, typically ranging from $450,000 to $1,000,000 depending on the area.
Castlemaine has good public transport options, including buses and a railway station connecting to larger regional cities.
Yes, Castlemaine has several primary and secondary schools with good reputations, particularly in the Town Centre and Campbells Creek.
Yes, with steady capital growth and a vibrant community, Castlemaine presents a solid opportunity for property investment.
Castlemaine offers a range of amenities including supermarkets, cafés, healthcare facilities, and recreational parks.
You can find a variety of housing options in Castlemaine, including historic homes, modern apartments, and family-sized houses.
Newstead and Chewton generally offer lower rental prices in comparison to Castlemaine Town Centre.
Yes, there are numerous community events throughout the year, particularly in the Town Centre and local parks.
Conclusion on the Best Residential Areas in Castlemaine:
Castlemaine offers a diverse range of residential areas that cater to various lifestyles and preferences. From the vibrant town centre filled with cultural experiences to the peaceful surrounds of Chewton and Newstead, there is something for everyone. Families, retirees, and investors alike can find appealing options in Castlemaine, making it a highly sought-after location in Victoria. The mix of heritage charm and modern conveniences ensures a welcoming atmosphere for all residents. Whether you're seeking a lively community, a tranquil lifestyle, or the benefits of country living with close proximity to urban facilities, Castlemaine is an exceptional choice.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.