1 Shields Street

Chewton VIC 3451

110 m²

174419.51 m²

House

Last sold for $650,000

Nick Haslam, last sold this property on 22 May 2026 after 163 days on market.

Overview

An Unparalleled Opportunity

This is the last major development site in Chewton township, an exciting and remarkable offering that combines scale, zoning flexibility, and location. Set on approximately 43.1 acres across 18 titles, including 17 township-zoned lots and one farming zone, this property presents an unparalleled opportunity for developers, visionaries, and those seeking a grand restoration. Positioned on the north side of Forest Creek with sweeping views toward Expedition Pass, the site offers multiple pathways for future use (STCA). Whether you are planning a staged subdivision, a master-planned community, or a prestige estate restoration, Shields Street is a canvas for bold ideas (STCA). At the heart of the property stands a solid brick Georgian residence, circa 1864, with original features including high ceilings, double-hung windows, tuck-pointed brickwork, flagstone floors, and slate steps. these features are complemented by an integrated solar system. Surrounding the home are majestic oaks and open grazing land, creating a picturesque setting for a luxury homestead or boutique accommodation concept. Development Potential > 18 Titles: 17 township-zoned lots for residential development, plus a 19-acre farming zone parcel. > Scale & Flexibility: Ideal for staged releases, infrastructure installation, or bespoke lifestyle lots. > Location Advantage: Just 8 minutes from Castlemaine, with easy access to Melbourne and Bendigo. > Demand: Chewton's growth and proximity to Castlemaine make this a strategic investment. Options for the New Owner > Renovate the Georgian home and enjoy the full 41 acres. > Undertake a staged development, selling township lots over time. Develop the entire site with roads and services, then release individual titles. > Create a unique blend of heritage and modern living with a boutique residential project. This is more than land, it is a one-of-a-kind development opportunity in one of Central Victoria's most historic and desirable townships. With zoning, scale, and location on your side, Shields Street is ready for its next chapter.

Features

3 bedrooms

1 bathroom

9 carspaces

110 m² floor area

174419.51 m² lot size

House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Chewton over the last 12 months, the estimated median property value of 1 Shields Street is $740k.

Median value

$740k

Estimated value range

$630k - $1.17m

Median days on market

Estimated value trend

-6%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Chewton. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1 Shields Street

2026

Sold

$650,000

Private Sale/Treaty on 22 May 2026 by Nick Haslam, of Cantwell Property Castlemaine

Happy sellers in Chewton

We have insufficient information to provide an overview of customer satisfaction for Chewton. Viewing the agent profiles, reviews and sales for Chewton can provide insights for this location.