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Back 40 McGrath St
Off Market

40 McGrath St

Castlemaine VIC 3450

4
2
2
192 m²
1018 m²
House
Last sold for $965,000
Blasi MulhollandBlasi Mulholland, last sold this property on 16 December 2025 after 258 days on market.

Overview

Charming brick cottage with dual living and income potential

Framed by established gardens on a generous 1018m², this charming three-bedroom brick cottage offers warmth, character, and versatility in a coveted location. A classic façade gives way to a welcoming interior where rich timber floorboards flow throughout, setting a warm and inviting tone. At the front of the home, the sitting room is a place to unwind, bathed in natural light, while the recently renovated bathroom and laundry introduce a touch of modern luxury with elegant terrazzo tiles. At the rear, the kitchen is the central gathering space, seamlessly connecting to the outdoors. French doors open to a covered verandah, inviting you to relax and take in the beauty of the gardens-an ever-changing tapestry of seasonal colour, offering both privacy and serenity. Beyond the main residence, a detached studio/workspace offers incredible flexibility. Whether you're an artist seeking inspiration, a professional working from home, or simply in need of a quiet retreat, this space adapts to your needs. However, the real surprise lies beyond-a completely self-contained accommodation accessed separately via rear entry. Designed for privacy and independence, this hidden gem includes a loft-style bedroom, a quaint yet functional bathroom, and an open-plan living and kitchen area. A private, fenced garden enhances the sense of retreat, making it an ideal option for extended family, guest stays, or as an income-generating rental. Positioned within easy walking distance to the much-loved Wesley Hill Bakery and the local recreation reserve, this is a home that blends everyday convenience with lifestyle appeal. A place to put down roots, embrace creativity, or explore the possibilities that dual living provides.

Features

4 bedrooms
2 bathrooms
2 carspaces
2 open car spaces
192 m² floor area
1018 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Castlemaine over the last 12 months, the estimated median property value of 40 McGrath St is $857.5k.

Median value
$857.5k
Estimated value range
$630k - $2.52m
Median days on market
101
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Castlemaine. 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 40 McGrath St

2025
Sold
$965,000
Private Sale/Treaty on 16 Dec 2025 by Blasi Mulholland, of Belle Property Castlemaine/ Maldon
2019
Sold
10 Dec 2019 by Brett Fitzpatrick, of Castlemaine Property Group Pty Ltd

Happy sellers in Castlemaine

95%
95% of sellers in Castlemaine reported that their sale price either exceeded or met their price expectations.

Castlemaine stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Castlemaine over the last 12 months.

Local market activity for 4 bedroom houses in Castlemaine

In the last 12 months, 31 four-bedroom houses similar to 40 McGrath St, have been sold.

This represents a 24% decrease in four-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Castlemaine

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Rob Waller

Rob Waller is an award winning recommended agent for Castlemaine.  They have 33 local sales and collected 20 local reviews across the last 12 months.

  •   4.9   (117 reviews)
  •  20 Reviews in Castlemaine
  •  33 Sales in Castlemaine
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Blasi Mulholland

Blasi Mulholland is an award winning recommended agent for Castlemaine.  They have 14 local sales and collected 9 local reviews across the last 12 months.

  •   5   (96 reviews)
  •  9 Reviews in Castlemaine
  •  14 Sales in Castlemaine
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Di Selwood

Di Selwood is a recommended agent for Castlemaine.  They have 2 local sales and collected 2 local reviews across the last 12 months.

  •   5   (50 reviews)
  •  2 Reviews in Castlemaine
  •  2 Sales in Castlemaine
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Narelle Waller

Narelle Waller is a recommended agent for Castlemaine.  They have 6 local sales and collected 1 local review across the last 12 months.

  •   4.9   (18 reviews)
  •  1 Review in Castlemaine
  •  6 Sales in Castlemaine
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