Average rent in Castlemaine, VIC2026

Castlemaine is part of the Mount Alexander council area and sits 103km out from the Melbourne CBD, with around 11,352 residents at the 2021 ABS Census. Renters here typically pay $310/week, which is below the Victoria median of $363/week. About 20% of households rent — the rest are owners or paying down a mortgage.

$310/wk

ABS 2021 Census median

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Suburb at a glance

Population
11,352

ABS 2021

Median age
50
Distance to Melbourne
103 km
Households renting
20%
Separate houses
94%
Flats / apartments
0%
Born overseas
13%
Top occupation
Professionals
LGA
Mount Alexander

Renting in Castlemaine

Castlemaine sits below the Victoria median, with the typical renter paying $310/week — 15% less than the state-wide $363/week baseline (ABS Census 2021). The suburb skews owner-occupied: 77% own outright or with a mortgage, and only 20% rent. Housing stock is dominated by separate houses (94%), with limited high-density development. Population sits at 11,352, the median age is 50, and the most common occupation is Professionals. 13% of residents were born overseas. Castlemaine is 103km from Melbourne, often putting it outside the inner-ring rent pressure zone — though state-level rent indices show the 2021 baseline is now meaningfully out of date. Your reported figure above gives the live read; the Census number anchors the historical baseline.

Frequently asked questions

What's the median rent in Castlemaine?+
According to the ABS 2021 Census, the median weekly rent in Castlemaine, VIC was $310. The live figure at the top of this page reflects what RenterSay users have reported more recently. State-wide rent indices suggest the 2021 number is by now well behind current asking rents — use it as a baseline, not a quote.
How does Castlemaine rent compare to Victoria?+
The Victoria state median weekly rent was $363 at the 2021 Census, while Castlemaine came in at $310 — 15% below. Castlemaine sits 103km from Melbourne, and rent tends to scale roughly with CBD proximity, transit access, and dwelling type mix (which here is 94% separate houses and 0% flats).
Which suburbs near Castlemaine have lower rent?+
A few nearby suburbs come in cheaper than Castlemaine's $310/week (ABS 2021): Golden Plains - South, Kinglake, Melton. On the higher end, you've got Bunyip - Garfield, Ballarat, Yarra Valley. Just remember that cheaper rent doesn't always mean better value — commute times, transit access, and the actual condition of the housing stock matter too. You can add to the live picture for your area using the rent submission form below.

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