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VIC › Maiden Gully › Michelle Dr

18 Michelle Dr, Maiden Gully VIC 3551

House

$755,000

Last sold

12 May 2022

4

Bedrooms

2

Bathrooms

2

Car spaces

2,164 m²

Land

220.4 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 $755,000 (12 May 2022).(Recorded sale)
  • CalculationLand 2,164 m² against a 220 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Maiden Gully (last 5 years) with land size: median $559/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?

  • FactDESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 10 intersects 99.8% of this parcel.(Vicmap Planning · 30 Aug 2026)

What should you verify next?

  1. 1DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 10 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

$755,000

12 May 2022 · derived via latest_sale

Local land rate: recorded House sales in Maiden Gully (last 5 years) with land size have a median of $559/m² of land (n=102). Districts calculation from recorded sales — not a valuation.

Maiden Gully at a glance

5,757

People

$820,000

Median sale

$602/wk

Median rent

3.82%

Suburb gross yield

Median sale from 31 recorded sales (last 12 months) — a Districts calculation.

See the full Maiden Gully report →

Vs Maiden Gully

-7.9%

Median sale

Suburb $820,000

+0.33 pp

Gross yield

Suburb 3.82%

Suburb median $820,000 from 31 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

  • DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 10Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 30 Aug 2026
  • Version: 1
  • Parcel: 52998945

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$755,00012 May 2022
  2. Listedprice unknowncompleted1 Apr 2022
  3. Listedprice unknowncompleted1 Apr 2022

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 2,168 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. Official parcel about 2,168 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 10. This overlay can reduce what the land size appears to promise. 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 $602/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 2,168 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?

    Knownlow

    Official parcel about 2,168 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 10. This overlay can reduce what the land size appears to promise.

  • 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

Maiden Gully in one glance

Maiden Gully at a glance

5,757

People

$820,000

Median sale

$602/wk

Median rent

3.82%

Suburb gross yield

Median sale from 31 recorded sales (last 12 months) — a Districts calculation.

See the full Maiden Gully report →

Keep researching

  • Why Maiden Gully? Read the area thesis →
  • What else is on the market in Maiden Gully →
  • Other records on Michelle Dr →

Listing material

Listed by Belle Property Bendigo | Castlemaine | Maldon

QUALITY FAMILY HOME OFFERS TERRIFIC, OVERSIZED ROOMS WITH STORAGE GALORE!

This lovely 10-year-old brick home is located on a large elevated 2,164m2 (0.53 Acre) corner block in an established and quiet area of booming Maiden Gully.

The quality home, built by McCarthy Homes, features generous sized rooms, 9ft ceilings and is fully insulated. The large 4-bedroom home is surrounded by an easy-care drought tolerant garden, with plenty of space and privacy.

The property boasts a large master bedroom with walk-in robe and huge ensuite with two entries, twin vanities, separate toilet, shower, and room to add a spa bath. The remaining two bedrooms feature built-in robes and are located off a central hallway with a 4-piece family bathroom.

Read the full description

Thoughtfully designed, all the living areas enjoy the beautiful northern sun, with large windows and sliding doors opening to the patio. Accessed through the large lounge room is the study which could also be set up as a 4th bedroom.

From a spacious front door entryway, you can access the dining room, kitchen and meals area. The kitchen is a bright and cheerful place – a place where the home cook would love to spend their days. Set up with walk-in pantry, plenty of cupboard space, wall oven, electric hot plates and thought-out storage, including hide-away appliance cupboard. There's also a small meals area where the kids (or grown ups alike) can sit for a quick casual meal.

At the back door you'll find the laundry - another supersized room, that has under-bench storage, good cupboard space and extra room to store the second freezer if desired.

There's also a spacious 2-car garage with automatic roller doors that links to a fabulous 3.6m x 6m studio. A rare and valuable feature that would be the ideal spot to set up a workshop or artist studio, or simply relish in the extra storage space.

Conveniently located less than a 15-minute drive into Bendigo's CBD, close to Maiden Gully's shopping precinct and National Parkland at the doorstep, this is a terrific place to call home.

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

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Ensuites: 1
  • Living Areas: 1
  • Toilets: 2
  • 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.