Long Gully at a glance
3,309
People
$539,000
Median sale
$444/wk
Median rent
4.28%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
VIC › Long Gully › Gundry St
$390,000
Last sold
3 May 2023
3
Bedrooms
1
Bathrooms
2
Car spaces
796 m²
Land
137 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$390,000
3 May 2023 · derived via latest_sale
Local land rate: recorded House sales in Long Gully (last 5 years) with land size have a median of $737/m² of land (n=102). Districts calculation from recorded sales — not a valuation.
Long Gully at a glance
3,309
People
$539,000
Median sale
$444/wk
Median rent
4.28%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Vs Long Gully
-27.6%
Median sale
Suburb $539,000
+1.64 pp
Gross yield
Suburb 4.28%
Suburb median $539,000 from 29 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $444/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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.
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
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Long Gully at a glance
3,309
People
$539,000
Median sale
$444/wk
Median rent
4.28%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bendigo Real EstateGood things come to those who've been waiting for an affordable home. Here it is; a cosy weatherboard with three bedrooms, good living spaces, original features and a convenient location.
Gundry Street is within walking distance of the excellent Long Gully IGA, and approximately 4km from the heart of Bendigo, with easy access to public transport.
This corner property has Colorbond fences, plus side vehicle access to a carport and a great-sized shed. The mature, leafy trees in the front and back yard were a wise addition all those decades ago.
Inside, high ceilings, picture rails and decorative cornice remain intact. Other notables of the fifties build are timber sash windows and a cream brick hearth in what is now the spacious main bedroom.
The large rear loungeroom is lovely, with its big picture windows, sliding glass door, split system cooling and heating, and its wood heater. There are also ceiling fans throughout the house.
The kitchen/dining space is also almost original, with its banks of painted timber cabinets, and its upright stove nestled in a tiled alcove. Do your dishes under the window, with a view to the neighbourhood.
The bathroom also has loads of retro character, thanks to its decorative tiles, powder blue pedestal basin and bath. The laundry and toilet are separate, with easy access to the backyard, and the full-length rear veranda.
Appreciate this neat and homely house as-is, or value add with your own renovations. Either way, it's a solid start for anyone looking for value and potential.
Listing description written by Matt Gretgrix, Bendigo Real Estate — reproduced as published, not verified by Districts.