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VIC › Long Gully › Philpot St

16 Philpot St, Long Gully VIC 3550

House

$500,000

Last sold

23 Nov 2023

3

Bedrooms

1

Bathrooms

2

Car spaces

815 m²

Land

109 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 $500,000 (23 Nov 2023).(Recorded sale)
  • CalculationLand 815 m² against a 109 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Long Gully (last 5 years) with land size: median $737/m² of land (n=102). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.
  • FactZoned GENERAL RESIDENTIAL ZONE (GRZ) under the ZN.(Vicmap Planning · 30 Aug 2026)

What could make it worth less?

  • FactBUSHFIRE MANAGEMENT OVERLAY - SCHEDULE 1 intersects 99.8% of this parcel.(Vicmap Planning · 30 Aug 2026)
  • FactNEIGHBOURHOOD CHARACTER OVERLAY - SCHEDULE 1 intersects 99.8% of this parcel.(Vicmap Planning · 30 Aug 2026)

What should you verify next?

  1. 1BUSHFIRE MANAGEMENT OVERLAY - SCHEDULE 1 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2NEIGHBOURHOOD CHARACTER OVERLAY - SCHEDULE 1 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  3. 3No 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

$500,000

23 Nov 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.

See the full Long Gully report →

Vs Long Gully

-7.2%

Median sale

Suburb $539,000

+0.34 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 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: 52703390

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

Detected — official

The official layer maps a bushfire risk zone on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 30 Aug 2026). Verify the extent against the title before relying on unaffected land.

Heritage

Detected — official

The official layer maps a heritage listed area on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 30 Aug 2026). Verify the extent against the title before relying on unaffected land.

Records

Property history

  1. Sold$500,00023 Nov 2023
  2. Listedprice unknowncompleted14 Sept 2023
  3. Listedprice unknowncompleted14 Sept 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 886 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. 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

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Heritage constraint may block demolition or dual occupancy even on a large block. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 886 m² — land size can look like optionality. What reduces it: BUSHFIRE MANAGEMENT OVERLAY - SCHEDULE 1; NEIGHBOURHOOD CHARACTER OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. 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. Heritage constraints are a maintenance and alteration cost, not usually a rent premium by themselves.

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

Loaded constraints look like they kill a naive land-size story. Pay house money, or walk, until a planner confirms a pathway.

Detail

Official parcel about 886 m² — land size can look like optionality. What reduces it: BUSHFIRE MANAGEMENT OVERLAY - SCHEDULE 1; NEIGHBOURHOOD CHARACTER OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned GENERAL RESIDENTIAL ZONE · GRZ (ZN). Official parcel area about 886 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. 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 886 m² — land size can look like optionality. What reduces it: BUSHFIRE MANAGEMENT OVERLAY - SCHEDULE 1; NEIGHBOURHOOD CHARACTER OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

  • 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

Long Gully in one glance

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.

See the full Long Gully report →

Keep researching

  • Why Long Gully? Read the area thesis →
  • What else is on the market in Long Gully →
  • Other records on Philpot St →

Listing material

Listed by Belle Property Bendigo | Castlemaine | Maldon

Charming Victorian weatherboard home on a large block ripe and ready.

Presenting a rare opportunity to own a piece of Bendigo's history with potential for growth and modernisation. This charming 1908 Victorian weatherboard home includes heritage features and is set on an 815 sqm block with subdivision potential (STCA), just 3.7km from Bendigo's CBD. Partially renovated, the 3-bed, 1-bath gem boasts an original verandah, stained glass windows, a wooden fireplace, 2 outdoor decks, a spa bath, and more. With ample scope for renovation or extension, this quiet street location is close to the excellent amenities and recreation facilities of Long Gully, Eaglehawk and central Bendigo.

- With timeless charm, the weatherboard home showcases heritage features, including an original verandah with iron lacework, stained-glass windows, ornate sash windows, and high ceilings.

- Situated on an 815 sqm block, this property offers subdivision potential (STCA), making it a valuable investment opportunity. With ample land on each side, this property provides flexibility for renovation, extension, subdivision, or even adding a granny flat, catering to your future needs.

Read the full description

- Inside, you'll find 3 bedrooms, 1 bathroom with a spa bath, and ducted heating for year-round comfort.

- Enjoy the outdoors on 2 decks and a covered outdoor area, perfect for entertaining or relaxation.

- A 2-car garage and garden shed offer plenty of storage space for your vehicles and outdoor equipment.

- The house is partially renovated, rewired, and partially re-stumped, providing a head start on your renovation plans.

- Nestled in a quiet street, you'll appreciate this location's peace and privacy.

- The property features good fencing, a stunning stone retaining wall, and a large established garden that attracts a diverse array of birdlife, adding to its serene ambience.

- Within walking distance to Long Gully's shops, amenities, and recreation facilities, and just a short drive from Eaglehawk and central Bendigo.

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

Property features

  • Balcony
  • Dishwasher
  • Ducted Heating
  • Floorboards
  • Fully Fenced
  • Living Areas: 1
  • Secure Parking
  • Toilets: 1
  • 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.