Average rent in Castlemaine, VIC — 2026
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
- 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
ABS 2021
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outside the inner-ring rent pressure zone — though state-level rent indices show the 2021 baseline is now meaningfully out of date.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.
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