Spring Gully at a glance
3,085
People
$700,000
Median sale
$460/wk
Median rent
3.42%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
VIC › Spring Gully › Retreat Rd
$520,000
Last sold
3 Aug 2026
3
Bedrooms
1
Bathrooms
2
Car spaces
1,001 m²
Land
Districts View
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
$520,000
3 Aug 2026 · derived via latest_sale
Local land rate: recorded House sales in Spring Gully (last 5 years) with land size have a median of $874/m² of land (n=87). Districts calculation from recorded sales — not a valuation.
Spring Gully at a glance
3,085
People
$700,000
Median sale
$460/wk
Median rent
3.42%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs Spring Gully
-25.7%
Median sale
Suburb $700,000
+1.18 pp
Gross yield
Suburb 3.42%
Suburb median $700,000 from 27 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
PUBLIC PARK AND RECREATION ZONE
PPRZ
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.
The official layer maps a bushfire risk zone on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.
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 PUBLIC PARK AND RECREATION ZONE · PPRZ (ZN). Official parcel area about 1,003 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. Official parcel about 1,003 m² — land size can look like optionality. What reduces it: BUSHFIRE MANAGEMENT OVERLAY - SCHEDULE 2. Bushfire-prone land can add BAL construction cost and tighten insurer appetite. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
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.
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 PUBLIC PARK AND RECREATION ZONE · PPRZ (ZN). Official parcel area about 1,003 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?
KnownlowOfficial parcel about 1,003 m² — land size can look like optionality. What reduces it: BUSHFIRE MANAGEMENT OVERLAY - SCHEDULE 2. Bushfire-prone land can add BAL construction cost and tighten insurer appetite.
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
Spring Gully at a glance
3,085
People
$700,000
Median sale
$460/wk
Median rent
3.42%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Tweed Sutherland First NationalPositioned in one of Spring Gully's most sought-after locations, this charming three-bedroom mud brick residence offers character, warmth and outstanding future potential on a substantial 1,000m² allotment.
Boasting an impressive 20-metre frontage and backing directly onto a public recreation reserve, the property enjoys a peaceful parkland setting rarely found this close to the city. Nature lovers will appreciate the immediate access to walking and cycling tracks, while families will enjoy the convenience of nearby sporting facilities, public transport and a highly regarded primary school.
The home offers comfortable family living with three bedrooms, new carpeting and plenty of scope to further enhance and modernise to suit your style and needs.
Located just 3.5 kilometres from the Bendigo CBD, this is an exceptional opportunity for owner-occupiers, investors or developers seeking a sizeable landholding in a tightly held neighbourhood.
With its generous dimensions and wide frontage, the property also presents exciting dual occupancy or redevelopment potential (STCA).
Property Features
• Character-filled three-bedroom mud brick home
• Approx. 1,000m² allotment
• Approx. 20-metre frontage
• New carpet throughout
• Backs directly onto parkland and recreation reserve
• Walking and cycling tracks nearby
• Public transport within easy reach
• Close to sporting facilities and a highly regarded primary school
• Approximately 3.5km from Bendigo CBD
• Excellent dual occupancy potential (STCA)
A rare opportunity to secure a sizeable parcel of land in a tightly held Spring Gully location, combining lifestyle appeal, character and exciting future possibilities.
Listing description written by Darryn O'Keefe, Tweed Sutherland First National — reproduced as published, not verified by Districts.