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VIC › Quarry Hill › Carpenter St

1 Carpenter St, Quarry Hill VIC 3550

House

$2,275,000

Last sold

7 Oct 2025

4

Bedrooms

3

Bathrooms

4

Car spaces

1,200 m²

Land

300 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $2,275,000 (7 Oct 2025).(Recorded sale)
  • CalculationLand 1,200 m² against a 300 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Quarry Hill (last 5 years) with land size: median $1,150/m² of land (n=70). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.
  • FactZoned TRANSPORT ZONE 3 - SIGNIFICANT MUNICIPAL ROAD (TRZ3) under the ZN.(Vicmap Planning · 30 Aug 2026)

What could make it worth less?

  • FactHERITAGE OVERLAY (HO30) intersects 99.8% of this parcel.(Vicmap Planning · 30 Aug 2026)

What should you verify next?

  1. 1HERITAGE OVERLAY (HO30) affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$2,275,000

7 Oct 2025 · derived via latest_sale

Local land rate: recorded House sales in Quarry Hill (last 5 years) with land size have a median of $1,150/m² of land (n=70). Districts calculation from recorded sales — not a valuation.

Quarry Hill at a glance

2,411

People

$650,000

Median sale

$460/wk

Median rent

3.68%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full Quarry Hill report →

Vs Quarry Hill

+250.0%

Median sale

Suburb $650,000

-2.63 pp

Gross yield

Suburb 3.68%

Suburb median $650,000 from 23 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

TRANSPORT ZONE 3 - SIGNIFICANT MUNICIPAL ROAD

TRZ3

Jurisdiction

Greater Bendigo

Greater Bendigo, VIC

Planning overlays

  • environmentalDetected

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 30 Aug 2026
  • Version: 1
  • Parcel: 5128004

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Detected — official

The official layer maps a heritage listed area on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 30 Aug 2026). Verify the extent against the title before relying on unaffected land.

Records

Property history

  1. Sold$2,275,0007 Oct 2025
  2. Listedprice unknowncompleted25 Oct 2024
  3. Listedprice unknowncompleted25 Oct 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned TRANSPORT ZONE 3 - SIGNIFICANT MUNICIPAL ROAD · TRZ3 (ZN). Official parcel area about 1,211 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: medium

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Heritage constraint may block demolition or dual occupancy even on a large block. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 1,211 m² — land size can look like optionality. What reduces it: HERITAGE OVERLAY (HO30). Heritage can block demolition and dual occupancy even when land size looks like a site. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $460/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. Heritage constraints are a maintenance and alteration cost, not usually a rent premium by themselves.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Loaded constraints look like they kill a naive land-size story. Pay house money, or walk, until a planner confirms a pathway.

Detail

Official parcel about 1,211 m² — land size can look like optionality. What reduces it: HERITAGE OVERLAY (HO30). Heritage can block demolition and dual occupancy even when land size looks like a site.

Read more

Nearby competing dwellings and net yield are still unknown.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned TRANSPORT ZONE 3 - SIGNIFICANT MUNICIPAL ROAD · TRZ3 (ZN). Official parcel area about 1,211 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. This is a screen, not a planning certificate.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    Official parcel about 1,211 m² — land size can look like optionality. What reduces it: HERITAGE OVERLAY (HO30). Heritage can block demolition and dual occupancy even when land size looks like a site.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Quarry Hill in one glance

Quarry Hill at a glance

2,411

People

$650,000

Median sale

$460/wk

Median rent

3.68%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full Quarry Hill report →

Keep researching

  • Why Quarry Hill? Read the area thesis →
  • What else is on the market in Quarry Hill →
  • Other records on Carpenter St →

Listing material

Listed by Belle Property Bendigo | Castlemaine | Maldon

Introducing 'Firenze' – An Exceptional Bendigo Period Home

A masterpiece of timeless elegance and contemporary style, 'Firenze' is a stunning balance of classic 1900s character and modern luxury. Meticulously restored and sympathetically extended, this exquisite home on a 1,200 sqm block offers a rare opportunity to own a truly premium property in Bendigo. The seamless blend of old and new is achieved with great care, ensuring the home's original charm and grandeur are enhanced by thoughtful, modern updates.

Built around 1909, 'Firenze' has been lovingly restored with many original features retained, including high ceilings, ornate fireplaces, decorative light fittings, pressed metal ceilings, and stunning Baltic pine floorboards. The grand wraparound verandah, complete with beautifully restored balustrades and fretwork, invites you to take in the peaceful surroundings, while below, the landscaped gardens add to the sense of serenity and calm. The home's elevated position offers sweeping views across Bendigo and One Tree Hill.

Inside, the carefully considered extension, by award-winning architect Pauline Hurren, includes an open-plan living, dining, and kitchen zone that has been finished to the highest standard. The entertainer's kitchen is a highlight, featuring a vast stone island bench, Meile appliances, and custom cabinetry. Behind the scenes, the butler's pantry is equipped with two pyrolytic ovens, a second dishwasher, and ample storage. This space is perfect for both everyday family life and hosting large gatherings.

Read the full description

The formal lounge and dining rooms off the central hallway retain the home's period charm, while four large bedrooms downstairs provide ample accommodation. The main bedroom is a luxurious retreat with built-in wardrobes, an elegant ensuite, and a foyer entrance. A wine cellar, mudroom, family bathroom, and laundry round out the lower level. Thoughtful storage solutions abound, from built-in robes in most bedrooms to under-stair storage and extensive cupboards throughout.

Further recent updates include pure wool carpets, plantation shutters, and hydronic panel heating. The property also has evaporative cooling, re-wired electrics, reroofed and irrigated gardens.

Outside, discover a paved terrace, raised vegetable beds near the two large sheds, a carport with additional vehicle space in the long driveway, and plenty of room for a future pool.

'Firenze' is one of Bendigo's finest residences, offering an exceptional lifestyle in an unbeatable location.

Listing description written by Tim Noonan, Belle Property Bendigo | Castlemaine | Maldon — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ensuites: 1
  • Fully Fenced
  • Living Areas: 3
  • Secure Parking
  • Study
  • Toilets: 4
  • Workshop
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.