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VIC › Long Gully › Havilah Rd

2 Havilah Rd, Long Gully VIC 3550

For saleHouse for Sale

$1,500,000–$1,600,000

For sale

Asking range

4

Bedrooms

3

Bathrooms

4

Car spaces

1,062 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,500,000–$1,600,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,500,000–$1,600,000(Listing record · 2 Feb 2026)
  • FactLand 1,062 m²; no building size recorded.(Property record)
  • CalculationAsk is 178% above the Long Gully median recorded sale ($539,000, n=29, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Long Gully's advertised median rent ($444/wk), implied gross yield would be 1.54% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  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

The ask against the evidence

Asking

$1,500,000–$1,600,000

Asking range · $1,412/m² of land

No recorded sale for this property.

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

+178.3%

Median sale

Suburb $539,000

-2.74 pp

Gross yield

Suburb 4.28%

Suburb median $539,000 from 29 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,500,000
Stamp Duty (Victoria)
$82,500
Transfer/Registration Fee
$3,614
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,589,814

$89,814 on top of the price (6.0% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Long Gully's advertised median rent — not a rent for this listing.

Net yield
0.04%
Annual cashflow (pre-tax)
$-77,412
Interest cover (DSCR)
0.01
Annual rent
$23,088
Operating expenses
$22,500
Loan amount
$1,200,000
Annual interest
$78,000
Gross yield
1.54%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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. Listed$1,500,000–$1,600,000available2 Feb 2026

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?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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.

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

Gross yield if leased at the suburb aggregate is 1.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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 Havilah Rd →

Listing material

Listed by PH Property

ICONIC c1860 LANDMARK STEEPED IN HISTORY & GRANDUER

Steeped in Bendigo's history and offered to the market for the first time in generations, this remarkable c1860 residence is a true landmark home of rare scale, presence and character. Set behind original brickwork with secure electric dual access, bitumen parking at the front and a welcoming alfresco area framed by the original shop façade, the home immediately captivates with its authenticity and grandeur.

Originally owned by one of Bendigo's most prominent families and deeply connected to the city's early commercial past, the property retains an extraordinary level of original craftsmanship that simply cannot be replicated. Inside, soaring Huon Pine ceilings, solid plaster walls, pull-cord lighting, weighted sash windows and multiple original fireplaces thoughtfully preserve the historic character of the home. With walls ranging 3-5 bricks thick, you can enjoy exceptional year-round temperature control. The c1860 weatherboard shop façade also pays homage to the home's heritage. And the 5.5kw solar panel system is an absolute treat to keep the household energy costs to a minimum.

The floorplan unfolds generously, offering a series of expansive living spaces including a formal lounge with original fireplace, a pool room with striking green feature walls and an additional fireplace, and multiple flexible zones ideal for entertaining or family living. The original staircase has been professionally jacked and straightened, leading to beautifully proportioned rooms connected by wide hallways that enhance the sense of scale throughout the home.

Read the full description

At the heart of the residence sits a substantial modern addition which seamlessly blends contemporary function with the home's historic charm. The standout within the kitchen is the 5m stone island bench with storage on both sides. The space is complemented by soft-close cabinetry, strip and touch lighting, a Bosch five-burner gas cooktop and a built-in pantry. The kitchen flows into an open lounge and meals area with gas heating and split system, while sliding doors connect effortlessly to the rear of the property and the original shop space, now a versatile additional living or dining area with its own split system and side access.

Bedrooms are generous and versatile, with up to four substantial bedrooms spread across two levels. The master suite is privately positioned at the rear and features a striking feature window, ornate plaster ceilings, mirrored sliding robes, split system cooling and a Rinnai wall heater, along with direct access to the rear of the property. The modern ensuite offers a walk-in shower, matt-finish double-basin atop a hung vanity and head height tiling that oozes luxury.

The upper level continues the home's rich character with timber ceilings and a historic skylight which crowns the hallway. The remaining three bedrooms are located here. Bedroom two features original fireplace and access onto a private balcony. Bedroom three features another original fireplace and bedroom four is fitted with built-in-robes.

The house boasts two additional bathrooms. The ground floor bathroom includes a spa-bath, toilet and timber vanity. A European laundry is also tastefully tucked away. Upstairs another bathroom is fitted with shower, toilet and basin with classic detailing. Additional powder rooms provide convenience for guests and family alike.

Outdoors, the property offers an exceptional array of features rarely found in inner-city homes. A private alfresco pool area includes a kitchenette, ceiling fans and generous seating, creating a resort-style environment for entertaining. Original horse stables have been converted into enclosed garaging and storage, complemented by additional workshops with mezzanine storage. A lush grassed backyard also houses the clothesline, while further landscaped areas, a large water tank and secure side access complete the offering.

Extensively upgraded for modern living, the home has been re-roofed, re-stumped and rewired, with double-glazed windows to the rear, multiple split systems, gas heating and secure electric gated entry ensuring comfort and peace of mind.

This is not simply a home, but a significant piece of Bendigo's history-offering scale, soul, and sophistication in one of the city's most unique and tightly held properties. Opportunities of this calibre are exceptionally rare, and inspection is essential to truly appreciate the grandeur, craftsmanship and lifestyle on offer.

Listing description written by Tim Rooke, PH Property — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Built-in Robes
  • Gas Heating
  • Living Areas: 4
  • Outdoor Entertaining
  • Pool
  • Shed
  • Solar Panels
  • Toilets: 5
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.