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VIC › Flora Hill › College Cres

20 College Cres, Flora Hill VIC 3550

For saleHouse for Sale

$650,000–$700,000

For sale

Asking range

3

Bedrooms

1

Bathrooms

2

Car spaces

618.41 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $650,000–$700,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $650,000–$700,000(Listing record · 29 June 2026)
  • FactLand 618 m²; no building size recorded.(Property record)
  • CalculationAsk is 2% above the Flora Hill median recorded sale ($635,000, n=40, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Flora Hill's advertised median rent ($460/wk), implied gross yield would be 3.68% — 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

$650,000–$700,000

Asking range · $1,051/m² of land

No recorded sale for this property.

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

+2.4%

Median sale

Suburb $635,000

-0.09 pp

Gross yield

Suburb 3.77%

Suburb median $635,000 from 40 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
$650,000
Stamp Duty (Victoria)
$34,070
Transfer/Registration Fee
$1,625
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
$689,395

$39,395 on top of the price (6.1% 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 Flora Hill's advertised median rent — not a rent for this listing.

Net yield
2.18%
Annual cashflow (pre-tax)
$-19,630
Interest cover (DSCR)
0.42
Annual rent
$23,920
Operating expenses
$9,750
Loan amount
$520,000
Annual interest
$33,800
Gross yield
3.68%

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$650,000–$700,000available29 June 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 $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

Gross yield if leased at the suburb aggregate is 3.7%. 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.

Nearby

Nearby properties

  • 4 College Cres, Flora Hill VIC 3550
  • 7 College Cres, Flora Hill VIC 3550
  • 20 Jeffrey Ave, Flora Hill VIC 3550
  • 18 Ellis St, Flora Hill VIC 3550

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 College Cres →

Listing material

Listed by PRD Bendigo

Modern Warmth in a Leafy Flora Hill Pocket

Set within one of Flora Hill's most convenient and established pockets, 20 College Crescent delivers a beautifully refreshed home where character, warmth and modern comfort come together with ease. Positioned on approximately 618sqm, the property enjoys a leafy street presence, established garden surrounds and a wonderful sense of everyday calm, all while remaining close to Bendigo's CBD, Marketplace, Bendigo Health, local recreation facilities and the wider university and education precinct.

From the street, the home makes an immediate impression with its charming weatherboard façade, modern timber-clad extension, Colorbond roofline and inviting front porch framed by mature trees and seasonal garden colour. The combination of classic character and contemporary updates gives the home a relaxed, natural appeal, creating a property that feels both warm and current from the moment you arrive.

Inside, the home opens into a light-filled living zone where polished timber floors, high ceilings and soft neutral tones create a calm and welcoming feel. The living area connects beautifully with the dining space, giving the home an easy sense of flow and plenty of room to relax, gather or entertain. Split system heating and cooling add year-round comfort, while ceiling fans throughout further support the home's practical liveability.

Read the full description

At the heart of the home, the kitchen has been designed with both function and style in mind. Generous bench space, breakfast bar seating, gas cooking, dishwasher, excellent storage and a bright neutral finish make this a highly usable space for everyday living. Its open connection to the living and dining zones ensures the kitchen remains central to the home, whether preparing dinner, hosting friends or enjoying a quiet morning coffee.

The floorplan includes three bedrooms, each well-proportioned and thoughtfully positioned. The primary bedroom sits privately to one side of the home and includes built-in robe storage, while the additional bedrooms are placed toward the front and side of the home, each with their own sense of comfort and natural light. The main bathroom is a standout, featuring a bath, shower, twin vanity with warm timber detail and a fresh contemporary finish, complemented by a separate powder room for added convenience.

A practical laundry adds further everyday functionality, while the rear deck creates an easy extension of the indoor living spaces. This outdoor area overlooks the established backyard, where a large lawn, mature shade tree and garden zones create a peaceful setting for children, pets, entertaining or simply enjoying the space. There is also a covered area, water tank, clothesline and a substantial 5.5m x 4m shed, adding excellent storage or workshop potential.

The side driveway and carport provide off-street parking, while the overall block offers a comfortable balance of usable outdoor space and manageable maintenance. With its refreshed interiors, generous yard, character details and modern improvements, this is a home that feels ready to enjoy from day one while still offering the warmth and personality buyers love in an established Flora Hill setting.

The location further strengthens the appeal. With Bendigo CBD, Marketplace, Bendigo Health and the Lar Birpa Athletics Complex all within easy reach, the home is ideally placed for those wanting lifestyle convenience without losing the quiet, leafy feel of a residential neighbourhood. Whether you are a first home buyer, young family, downsizer or investor, 20 College Crescent presents a beautifully balanced opportunity in a consistently popular Bendigo suburb.

Listing description written by Tully Cumming, PRD Bendigo — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Deck
  • Dishwasher
  • Outdoor Entertaining
  • Secure Parking
  • Shed
  • Toilets: 1
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.