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.
VIC › Long Gully › Wallan St
$725,000
Last sold
2 June 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
1,014 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$725,000
2 June 2026 · derived via latest_sale
Local land rate: recorded House sales in Long Gully (last 5 years) with land size have a median of $737/m² of land (n=102). Districts calculation from recorded sales — not a valuation.
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.
Vs Long Gully
+34.5%
Median sale
Suburb $539,000
-1.10 pp
Gross yield
Suburb 4.28%
Suburb median $539,000 from 29 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning 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.
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
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.
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.
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
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
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.
Listing material
Listed by PRD BendigoSet in a connected Long Gully pocket with Bendigo Health, the CBD, North Bendigo Recreation Reserve, Long Gully shopping, California Gully Primary School, Truscott Reserve Playspace and Eaglehawk all within easy reach, 28 Wallan Street presents a wonderfully spacious and character-filled home with lifestyle flexibility, landholding appeal and future potential at its heart. Positioned on an impressive corner allotment of approximately 1,014sqm across two separate titles, the property enjoys three road frontages to Wallan Street, Rose Street and an approximate 50m frontage to Stone Street, creating a rare and highly versatile offering with excellent access, strong street presence and subdivision potential, subject to council approval.
From the moment you arrive, the home feels full of personality. A classic picket fence, established greenery and the charming weatherboard exterior create an immediate sense of warmth, while the elevated front verandah gives the home a relaxed country-style feel with lovely outlooks across the surrounding neighbourhood. The position itself adds further appeal, offering the ease of a well-established residential setting while keeping daily essentials, schools, parkland, medical services and central Bendigo conveniently close.
Inside, the home opens to a welcoming foyer with decorative period-style detail, high ceilings and a sense of scale that continues throughout. The ground floor has been thoughtfully arranged for day-to-day family living, with 2 bedrooms plus an office/3rd bedroom, a central bathroom and open living zones creating a layout that is both practical and adaptable. The front bedroom is generous in size and enjoys a lovely sense of separation, while the additional downstairs bedrooms sit close to the main living and dining areas, making them ideal for children, guests or extended family.
The heart of the home brings together the kitchen, dining and living zones in a comfortable and connected layout. The kitchen offers excellent bench space, induction cooking, a dishwasher, wall oven and generous storage, with a breakfast bar creating an easy place for casual meals or conversation while cooking. Adjoining the kitchen, the dining area flows naturally into the living space. Ducted heating, evaporative cooling, a split system to one room and ceiling fans to two rooms further support year-round comfort.
The home continues to impress with its flexible accommodation and possibilities for use. The large laundry/mudroom at the front of the home offers excellent functionality, storage and an adjoining private toilet. The main bathroom is spacious and well-appointed with a bath, shower, toilet and twin vanity, giving families the convenience they need during busy mornings.
Upstairs, the first floor creates a private retreat of its own. A large family room provides a second living area with plenty of space to relax, unwind or create a parents' retreat, teen zone or media room. The primary bedroom is positioned alongside this space and features a walk-in robe and ensuite, while the wide balcony captures elevated outlooks and offers a peaceful place to enjoy morning coffee, afternoon light or the changing views across Long Gully.
Outdoor living is a genuine highlight, with multiple patio spaces, a rear entertaining area and a spa adding a resort-like touch to the home's family-friendly appeal. The backyard offers a blend of paved areas, garden beds, established trees and practical open space, creating room for entertaining, hobbies, pets or children to enjoy. Practical infrastructure further enhances the property, with solar panels, water tanks, a security system, natural gas, instantaneous gas hot water and sewerage connection all in place.
Extensive shedding options add another layer of everyday functionality, making the property especially appealing for trades, hobbyists, families needing extra storage or buyers wanting space for tools, equipment, vehicles or workshop use. With three sheds in total, including a substantial 6m x 6m Colorbond shed, the outdoor infrastructure works beautifully alongside the generous landholding and multiple road frontages to create genuine flexibility now and into the future.
For buyers seeking space, character and versatility close to the heart of Bendigo, 28 Wallan Street is a home with personality, practicality and exciting potential in equal measure. With two titles, approximately 1,014sqm of land, three road frontages, subdivision potential subject to council approval, multiple living areas, generous accommodation, solar panels, excellent outdoor space and substantial shedding, this is a property ready to support the next chapter with warmth, comfort and room to grow.
Listing description written by Matt Ingram, PRD Bendigo — reproduced as published, not verified by Districts.
Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.