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VIC › Spring Gully › Kristy Dr

21 Kristy Dr, Spring Gully VIC 3550

House

$915,000

Last sold

10 Aug 2023

4

Bedrooms

2

Bathrooms

2

Car spaces

773 m²

Land

268 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 $915,000 (10 Aug 2023).(Recorded sale)
  • CalculationRecorded House sales in Spring Gully (last 5 years) with land size: median $870/m² of land (n=87). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned GENERAL RESIDENTIAL ZONE (GRZ) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

  • FactBUSHFIRE MANAGEMENT OVERLAY - SCHEDULE 1 touches the boundary of this parcel in the official layer.(Vicmap Planning · 31 Aug 2026)

What should you verify next?

  1. 1BUSHFIRE MANAGEMENT OVERLAY - SCHEDULE 1 touches the parcel boundary — 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

$915,000

10 Aug 2023 · derived via latest_sale

Local land rate: recorded House sales in Spring Gully (last 5 years) with land size have a median of $870/m² of land (n=87). Districts calculation from recorded sales — not a valuation.

Spring Gully at a glance

3,085

People

$700,000

Median sale

$460/wk

Median rent

3.42%

Suburb gross yield

Median sale from 27 recorded sales (last 12 months) — a Districts calculation.

See the full Spring Gully report →

Vs Spring Gully

+30.7%

Median sale

Suburb $700,000

-0.81 pp

Gross yield

Suburb 3.42%

Suburb median $700,000 from 27 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: 31 Aug 2026
  • Version: 1
  • Parcel: 100225351

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

Touches boundary — official

The official layer maps a bushfire risk zone touching the boundary of this parcel — at the edge, not across it (Vicmap Planning, retrieved 31 Aug 2026). Verify the mapped extent against the title before relying on it either way — this is not an all-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$915,00010 Aug 2023
  2. Listedprice unknowncompleted23 June 2023
  3. Listedprice unknowncompleted23 June 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 775 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. 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

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 775 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?

    Knownmedium

    Official parcel about 775 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • 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

Spring Gully in one glance

Spring Gully at a glance

3,085

People

$700,000

Median sale

$460/wk

Median rent

3.42%

Suburb gross yield

Median sale from 27 recorded sales (last 12 months) — a Districts calculation.

See the full Spring Gully report →

Keep researching

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

Listing material

Listed by Belle Property Bendigo | Castlemaine | Maldon

Sought-after Spring Gully locale – family home with large yard and views

Situated in sought-after Kristy Drive in family-friendly Spring Gully, this elevated 4-bedroom home is perfect for comfortable, relaxed living and entertaining. Custom designed and built, the home offers sophisticated family living across two levels with plenty of space and stylish additions. Set on a 773 sqm allotment, there's plenty of room in the secure backyard for pets and kids to enjoy and a brilliant entertainment deck overlooking the yard offering northern views over Bendigo CBD. Stroll to Spring Gully Primary School, Spring Gully Reserve and the popular One Tree Hill Hotel.

- Beautifully presented 4-bedroom family home in Spring Gully on a large block with city views and plenty of space for entertaining

- Quality custom-built home with Tasmanian oak floorboards, feature lighting, tall ceilings, ducted reverse cycle air and a solar system

Read the full description

- Double front doors and a modern entrance hallway with an aspect that offers views over Bendigo

- Four generous double bedrooms, master with walk-in robe and large ensuite, additional 3 bedrooms with built-in robes and family bathroom

- Living spaces for entertaining and relaxing include a family room, dining area and a separate formal living with glass doors to the large balcony

- Well-appointed kitchen with butler's pantry, stone benches and great storage

- 773 sqm block, with an expansive rear garden, which is low maintenance and securely fenced

- Double garage with direct entry to the home and a lock-up shed at the rear of the property

- Well located in Spring Gully within walking distance of Spring Gully Primary School, the Spring Gully Recreation Reserve, café, pub and within the BSE school zone

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

Property features

  • Balcony
  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Ensuites: 1
  • Fully Fenced
  • Living Areas: 2
  • Secure Parking
  • Toilets: 3
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.