North Bendigo at a glance
4,167
People
$557,000
Median sale
$444/wk
Median rent
4.15%
Suburb gross yield
Median sale from 42 recorded sales (last 12 months) — a Districts calculation.
VIC › North Bendigo › Michelsen St
3
Bedrooms
1
Bathrooms
2
Car spaces
950 m²
Land
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in North Bendigo (last 5 years) with land size have a median of $869/m² of land (n=97). Districts calculation from recorded sales — not a valuation.
North Bendigo at a glance
4,167
People
$557,000
Median sale
$444/wk
Median rent
4.15%
Suburb gross yield
Median sale from 42 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE
GRZ
Jurisdiction
Greater Bendigo
Greater Bendigo, VIC
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
VICZoned GENERAL RESIDENTIAL ZONE · GRZ (ZN). Official parcel area about 962 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. 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.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE · GRZ (ZN). Official parcel area about 962 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumOfficial parcel about 962 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
North Bendigo at a glance
4,167
People
$557,000
Median sale
$444/wk
Median rent
4.15%
Suburb gross yield
Median sale from 42 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Team Real EstateWelcome to 10 Michelsen Street North Bendigo an attractive Miner’s Cottage set on a generous 950m2 approx. allotment, located just moments from Bendigo Hospital, Lake Weeroona, and the CBD.
Offering the perfect combination of charm, affordable price point, ideal first home or downsizer, subdivision potential STCA or investment in a fabulous location. Behind the traditional miner's cottage facade is this charming three-bedroom cottage, full of character, high ceilings and timber floorboards throughout, creating an open and airy atmosphere to make your own. A welcoming front verandah leads to the three front bedrooms, one has built in robes, and another has an open fireplace. The lounge has plenty of room for all with a split system and a gas heater (currently disconnected), ensuring year-round comfort. The heart of the home is the open plan kitchen and dining area. The timber kitchen offers a warm and inviting space to cook up delicious meals, featuring a 5-burner gas cooktop, dishwasher, island bench and plenty of storage. At the rear of the home, you will find the laundry, a good size bathroom, with bath/shower and vanity with a separate toilet and a second in the laundry.
Set on a large 950m2 approx. allotment, with a large shed in the rear yard, the generous side access provides perfect vehicle/ caravan accommodation or extra storage. Don't miss this opportunity to secure your piece of North Bendigo's thriving property market. With its character-filled charm and fantastic location, this delightful home is sure to obtain a lot of interest. Call Linda Currie today on 0438 381 900
Other features include:
* Timber floorboards
* High ceilings
* Period charm
* Updated kitchen, bathroom and laundry
* Heating and cooling for year-round comfort
* Garden shed with concrete floor
* Off street parking
* Huge 950m2 approx allotment
* Subdivision potential - STCA
*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.*
A copy of the Due Diligence checklist can be found at https://www.consumer.vic.gov.au/duediligencechecklist
Listing description written by Linda Currie, Team Real Estate — reproduced as published, not verified by Districts.
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