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VIC › Flora Hill › Neale St

130 Neale St, Flora Hill VIC 3550

House

$550,000

Last sold

17 Mar 2023

4

Bedrooms

2

Bathrooms

2

Car spaces

587 m²

Land

193 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 $550,000 (17 Mar 2023).(Recorded sale)
  • CalculationRecorded House sales in Flora Hill (last 5 years) with land size: median $911/m² of land (n=82). 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 · 1 Sept 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1No 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

$550,000

17 Mar 2023 · derived via latest_sale

Local land rate: recorded House sales in Flora Hill (last 5 years) with land size have a median of $911/m² of land (n=82). Districts calculation from recorded sales — not a valuation.

Flora Hill at a glance

4,040

People

$635,000

Median sale

$460/wk

Median rent

3.77%

Suburb gross yield

Median sale from 40 recorded sales (last 12 months) — a Districts calculation.

See the full Flora Hill report →

Vs Flora Hill

-13.4%

Median sale

Suburb $635,000

+0.58 pp

Gross yield

Suburb 3.77%

Suburb median $635,000 from 40 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

Official property report

The original government planning document for this property. Sign in to view or download the PDF. Districts facts are a separate GIS extract and may not include every statement in the report.

Planning overlays

  • environmentalNot detected

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 1 Sept 2026
  • Version: 1
  • Parcel: 5123858

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

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$550,00017 Mar 2023
  2. Listedprice unknowncompleted9 Feb 2023
  3. Listedprice unknowncompleted9 Feb 2023

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 606 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.

What could kill that thesis?

Confidence: low

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

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.

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

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.”

Read more

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

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 GENERAL RESIDENTIAL ZONE · GRZ (ZN). Official parcel area about 606 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

    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 606 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

    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

Flora Hill in one glance

Flora Hill at a glance

4,040

People

$635,000

Median sale

$460/wk

Median rent

3.77%

Suburb gross yield

Median sale from 40 recorded sales (last 12 months) — a Districts calculation.

See the full Flora Hill report →

Keep researching

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

Listing material

Listed by Belle Property Bendigo | Castlemaine | Maldon

SPACIOUS 4-BEDROOM, MID-CENTURY BRICK HOME OFFERS STYLE WITH CONVENIENCE IN FLORA HILL

Superbly positioned in Neale Street, Flora Hill, this spacious four-bedroom family home sits within the sought-after Bendigo South East College and Quarry Hill Primary School zones.

This is an ideal home for families looking for excellent value for money and would like scope to make their mark on a home by completing further updates. Perfectly liveable as is, the large home offers an opportunity for further renovation – you'll enjoy putting the final polish on what is a character-filled abode.

The front of the home retains attractive original features of the 1960s – warm hardwood floorboards, decorative cornice and beautiful sash windows. In addition, there are an original bathroom and kitchen, four large bedrooms and a dining room, and to the rear of the home is an impressive extension.

Read the full description

The new addition includes a huge family living zone, an alfresco deck and a sparkling new bathroom. The living space comprises a feature light fitting, a soaring raked ceiling with exposed beams, an electric fireplace and a stunning wall of windows. The home has ducted heating and cooling throughout.

With its four excellent-sized bedrooms, two with built-in cupboards, there is flexibility in the floor plan to utilise these rooms in a range of ways – a formal lounge, home office, third living area or kids' retreat could all work well.

Outside is a single-car garage (with concrete floor), a garden shed, an outside WC (3rd) and great space for outdoor living. The front and rear yards are low maintenance and offer a blank canvas for keen gardeners who want to utilise the expansive yards.

The property is just minutes from everything you could need for a fantastic Bendigo lifestyle, including the new Wolstencroft Reserve, Harry Trott Oval, Kennington Village/Strath Hill shopping, La Trobe University and Bendigo South Kindergarten. By car or bike, you'll be in the centre of Bendigo in a few minutes.

An ideal first home, this welcoming residence offers an excellent opportunity to purchase a solid family home in a well-connected location.

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

Property features

  • Air Conditioning
  • Built-in Robes
  • Ducted Cooling
  • Ducted Heating
  • Living Areas: 2
  • Toilets: 3
  • 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.