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VIC › North Bendigo › Norfolk St

20 Norfolk St, North Bendigo VIC 3550

For saleHouse for Sale

$690,000–$725,000

For sale

Asking range

3

Bedrooms

1

Bathrooms

3

Car spaces

667 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $690,000–$725,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $690,000–$725,000(Listing record · 23 July 2026)
  • CalculationLand 667 m² against a 137 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 24% above the North Bendigo median recorded sale ($557,000, n=42, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at North Bendigo's advertised median rent ($444/wk), implied gross yield would be 3.35% — this is not a rent for this listing.(Districts scenario calculation)

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.

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

$690,000–$725,000

Asking range · $1,034/m² of land

No recorded sale for this property.

North Bendigo at a glance

4,167

People

$557,000

Median sale

$444/wk

Median rent

4.15%

Suburb gross yield

Median sale from 42 recorded sales (last 12 months) — a Districts calculation.

See the full North Bendigo report →

Vs North Bendigo

+23.9%

Median sale

Suburb $557,000

-0.80 pp

Gross yield

Suburb 4.15%

Suburb median $557,000 from 42 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
$690,000
Stamp Duty (Victoria)
$36,470
Transfer/Registration Fee
$1,719
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
$731,889

$41,889 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 North Bendigo's advertised median rent — not a rent for this listing.

Net yield
1.85%
Annual cashflow (pre-tax)
$-23,142
Interest cover (DSCR)
0.36
Annual rent
$23,088
Operating expenses
$10,350
Loan amount
$552,000
Annual interest
$35,880
Gross yield
3.35%

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$690,000–$725,000available23 July 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 3.3%. 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

North Bendigo in one glance

North Bendigo at a glance

4,167

People

$557,000

Median sale

$444/wk

Median rent

4.15%

Suburb gross yield

Median sale from 42 recorded sales (last 12 months) — a Districts calculation.

See the full North Bendigo report →

Keep researching

  • Why North Bendigo? Read the area thesis →
  • What else is on the market in North Bendigo →
  • Other records on Norfolk St →

Listing material

Listed by Ballarat Real Estate Bendigo

A Private Inner-City Retreat with Contemporary Flair

Hidden behind a striking contemporary fence and beautifully established low-maintenance gardens, this lovingly transformed 1920s home delivers the perfect fusion of character, comfort and modern design.

From the moment you arrive, the leafy frontage creates an instant sense of privacy and calm. Step inside and discover a home where thoughtful updates and natural light come together to create an effortless lifestyle just moments from Bendigo Health, Lake Weeroona, Rosalind Park, Ulumbarra Theatre, local cafés, restaurants, pubs and the CBD.

At the heart of the home is an impressive split-level open-plan living zone, designed to maximise space, light and connection with the outdoors. Expansive windows frame the surrounding gardens, while strategically placed skylights flood the interiors with natural light, adding an extra sense of openness and style.

Read the full description

The kitchen is a standout feature, centred around a custom island bench with crisp white cabinetry - the perfect hub for entertaining family and friends. Featuring a Bosch induction cooktop, integrated dishwasher, integrated microwave, generous walk-in pantry and abundant storage, it combines sleek functionality with timeless appeal.

A second living zone adjoining the kitchen provides flexibility for dining, relaxed seating or a quiet retreat. Contemporary flooring and a cosy gas log fireplace add warmth and sophistication, creating a welcoming atmosphere throughout the seasons.

The beautifully appointed bathroom feels like your own private sanctuary, with a freestanding bath positioned beneath large windows overlooking a tranquil fernery. Heated floors, a heated towel rail and feature tiling create a luxurious, spa-inspired experience.

Accommodation includes three comfortable bedrooms, all with new carpet, with two offering built-in robes. Additional features include split-system heating and cooling, double-glazed windows, keyless entry, security and a fresh repaint throughout.

Outside, the private gardens provide a relaxed setting for entertaining or unwinding. Enjoy evenings around the firepit, pick lemons from the established tree, or make the most of the fully fenced yard. A drive-through carport with electronic sliding doors leads to a substantial shed, offering outstanding storage, workshop or hobby potential.

Features You'll Love

- Updated 1920s home with contemporary extension

- Private, established low-maintenance gardens

- Light-filled split-level open-plan living

- Custom kitchen island bench

- Bosch induction cooktop and integrated appliances

- Walk-in pantry with excellent storage

- Wood Heater

- Spa-inspired bathroom with freestanding bath

- Heated bathroom floors and towel rail

- Three bedrooms with new carpet (two with built-in robes)

- Split-system heating and cooling

- Double-glazed windows

- Keyless entry and security

- Fully fenced gardens with firepit entertaining area

- Drive-through carport with electronic sliding doors

- Large shed with workshop potential

Blending heritage charm with contemporary style, 20 Norfolk Street offers a rare opportunity to enjoy privacy, personality and convenience in one of North Bendigo's most desirable locations.

Listing description written by Byron Ager, Ballarat Real Estate Bendigo — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Broadband
  • Built-in Robes
  • Dishwasher
  • Fully Fenced
  • Outdoor Entertaining
  • Remote Garage
  • Secure Parking
  • Shed
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.