Side by sideSuburb comparison

Castlemaine vs Campbells Creek.

Comparing two suburbs with median house prices of $720,000 and $730,000. Castlemaine edges out on more headline metrics in this comparison.

Castlemaine (median $720,000) is roughly 1% cheaper to buy into than Campbells Creek ($730,000).

Castlemaine scores higher on walkability (100/100 vs 0/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Campbells Creek (1070) sits above Castlemaine (1064). Campbells Creek skews owner-occupied (84%), Castlemaine runs more rental-dense (73% owner).

The takeWhich suburb suits which buyer

For buyers

Castlemaine is the lower entry point at $720,000 median, 1% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Castlemaine offers the higher gross rental yield (3.43% vs 2.17%), favouring cash-flow investors.

For families

Campbells Creek edges out on average school ICSEA (1070 vs 1064). Campbells Creek also has a higher family-household share (71% vs 57%), so the catchment community skews family-heavy.

Common questionsCastlemaine vs Campbells Creek

Common questions

Is Castlemaine or Campbells Creek cheaper to buy in?

Castlemaine has the lower median house price at $720,000, roughly 1% below Campbells Creek ($730,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Castlemaine or Campbells Creek have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Campbells Creek scores 1070 vs 1064 in Castlemaine. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which is more walkable, Castlemaine or Campbells Creek?

Castlemaine scores 100/100 on walkability vs 0/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Castlemaine or Campbells Creek?

Gross rental yield on houses is 3.43% in Castlemaine vs 2.17% in Campbells Creek. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.

The numbers behind the take

Castlemaine
Metric
Campbells Creek

Price & Market

$720,000
Median house
$730,000
$536,500
Median unit
$240,480
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$475/wk
Rent (house / wk)
$305/wk
$300/wk
Rent (unit / wk)
$320/wk
73.0%
Owner occupied
84.0%
23.0%
Renter occupied
14.0%

Lifestyle & Demographics

100
Walk score
0
0
Transit score
0
85
Bike score
25
7,506
Population
2,071
52
Median age
44

Risk & Hazard

Flood class
Bushfire risk

Schools

9
Schools nearby
8
1064
Avg ICSEA
1070

Climate

422 mm
Annual rainfall
422 mm
29.8°C
Mean max (Jan)
29.8°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).