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VIC › Bendigo › Carnegie Way

12 Carnegie Way, Bendigo VIC 3550

House

$1,080,000

Last sold

7 Feb 2025

4

Bedrooms

3

Bathrooms

2

Car spaces

236 m²

Land

242 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 $1,080,000 (7 Feb 2025).(Recorded sale)
  • CalculationRecorded House sales in Bendigo (last 5 years) with land size: median $1,377/m² of land (n=94). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned GENERAL RESIDENTIAL ZONE (GRZ) under the ZN.(Vicmap Planning · 30 Aug 2026)

What could make it worth less?

  • FactLAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 1 intersects 76.9% of this parcel.(Vicmap Planning · 30 Aug 2026)

What should you verify next?

  1. 1LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 1 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

$1,080,000

7 Feb 2025 · derived via latest_sale

Local land rate: recorded House sales in Bendigo (last 5 years) with land size have a median of $1,377/m² of land (n=94). Districts calculation from recorded sales — not a valuation.

Bendigo at a glance

5,608

People

$635,000

Median sale

$444/wk

Median rent

3.64%

Suburb gross yield

Median sale from 80 recorded sales (last 12 months) — a Districts calculation.

See the full Bendigo report →

Vs Bendigo

+70.1%

Median sale

Suburb $635,000

-1.50 pp

Gross yield

Suburb 3.64%

Suburb median $635,000 from 80 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

GENERAL RESIDENTIAL ZONE

GRZ

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: 424815951

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

Detected — official

The official layer maps a flood zone on this parcel, intersecting about 76.9% of it (Vicmap Planning, retrieved 30 Aug 2026). Verify the extent against the title before relying on unaffected land.

Bushfire

Not retrieved

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

Heritage

Not retrieved

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

Records

Property history

  1. Sold$1,080,0007 Feb 2025
  2. Listedprice unknowncompleted26 Nov 2024
  3. Listedprice unknowncompleted26 Nov 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 GENERAL RESIDENTIAL ZONE · GRZ (ZN). Official parcel area about 1,808 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks constrained (often the rear or handle of the lot). 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

76.9% of the official parcel intersects the loaded flood overlay. Layer: LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 1. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote. Flood overlay on a material share of the lot can kill a rear-lot or battleaxe subdivision story. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 1,808 m² — land size can look like optionality. What reduces it: LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 1. Flood on the lot is a finance, insurance, and rear-yard subdivision problem — not just a suburb badge. 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 $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. Flood on or flagged for this lot can discount tenant demand versus a dry comparable.

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

This looks more like a hold-as-is house than a development site. Flood on the lot is the first thing to price.

Detail

Official parcel about 1,808 m² — land size can look like optionality. What reduces it: LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 1. Flood on the lot is a finance, insurance, and rear-yard subdivision problem — not just a suburb badge.

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.

4 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned GENERAL RESIDENTIAL ZONE · GRZ (ZN). Official parcel area about 1,808 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks constrained (often the rear or handle of the lot). 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 1,808 m² — land size can look like optionality. What reduces it: LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 1. Flood on the lot is a finance, insurance, and rear-yard subdivision problem — not just a suburb badge.

  • Lot-level flood

    Knownmedium

    76.9% of the official parcel intersects the loaded flood overlay. Layer: LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 1. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote.

  • 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

Bendigo in one glance

Bendigo at a glance

5,608

People

$635,000

Median sale

$444/wk

Median rent

3.64%

Suburb gross yield

Median sale from 80 recorded sales (last 12 months) — a Districts calculation.

See the full Bendigo report →

Keep researching

  • Why Bendigo? Read the area thesis →
  • What else is on the market in Bendigo →
  • Other records on Carnegie Way →

Listing material

Listed by Belle Property Bendigo | Castlemaine | Maldon

Luxury Living on Bendigo's City-Fringe

Nestled in a highly sought-after pocket of central Bendigo, just 800m from Bendigo train station, this exceptional two-level townhouse offers the perfect blend of modern luxury, premium location, and flexibility.

Built in 2019 and meticulously maintained by its original owner, the home boasts a tightly held position with stunning views over the recently updated Ewing Park, all while being within walking distance of Bendigo's vibrant city centre.

Designed for both comfort and style, the property features up to five bedrooms and three bathrooms, offering a flexible floor plan ideal for families or professionals seeking city-fringe convenience.

Read the full description

Tasmanian Ash flooring, high ceilings, and a classic, neutral colour scheme create a timeless, elegant interior. Step into an open-plan kitchen, dining, and living area flooded with natural light, thanks to a cleverly designed void and glass brick accents along the hallway. The kitchen is a chef's dream, complete with stone benchtops, a four-burner gas stove, Miele oven and dishwasher, feature subway tiles, and a spacious walk-in pantry with matching stone finishes.

A guest bedroom or main suite with a walk-in robe and ensuite, along with a laundry, powder room, and additional storage, round out the ground level. Upstairs, the main bedroom boasts a walk-in robe, ensuite, and a private balcony overlooking Carnegie Way. Three further bedrooms include built-in or walk-in robes, with one featuring a balcony overlooking Ewing Park.

A family bathroom with a bath, a separate WC, and a study nook with a built-in desk complete this level, with the option to use one bedroom as a lounge or home office.

The private, secure courtyard includes exposed aggregate paving, lovely established garden beds with mature trees, and a gate opening directly to the recently transformed Ewing Park.

The home also features a 6.6kW solar panel system with a 5kW inverter, ducted reverse-cycle heating and cooling (zoned and smartphone-controlled), and Crimsafe screen doors. Security cameras at the front and rear, double-glazed windows, and a two-car garage add to the property's practicality and peace of mind.

With its unparalleled location, thoughtful design, and premium finishes, 12 Carnegie Way offers the ultimate lifestyle opportunity in a tightly held city-fringe position. This is a rare chance to secure an outstanding property in Bendigo's most desirable area.

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

Property features

  • Balcony
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Ensuites: 1
  • Floorboards
  • Living Areas: 2
  • Secure Parking
  • Solar Panels
  • Toilets: 3
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.