East Bendigo at a glance
2,341
People
$620,000
Median sale
$475/wk
Median rent
3.98%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
VIC › East Bendigo › Cunningham Ln
$1,505,000
Last sold
18 Aug 2022
3
Bedrooms
1
Bathrooms
4
Car spaces
36,421.708 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
$1,505,000
18 Aug 2022 · derived via latest_sale
Local land rate: recorded House sales in East Bendigo (last 5 years) with land size have a median of $917/m² of land (n=75). Districts calculation from recorded sales — not a valuation.
East Bendigo at a glance
2,341
People
$620,000
Median sale
$475/wk
Median rent
3.98%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Vs East Bendigo
+142.7%
Median sale
Suburb $620,000
-2.34 pp
Gross yield
Suburb 3.98%
Suburb median $620,000 from 24 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 $475/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
UnknownVictoria 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.
Area
East Bendigo at a glance
2,341
People
$620,000
Median sale
$475/wk
Median rent
3.98%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elders Real Estate BendigoIndicative Selling Prices:
Lot 1: SOLD
Lot 2: SOLD
Lot 3: SOLD
It was the decision to take the road less travelled in Robert Frost's famous poem titled "The Road Not Taken" that made all the difference. Cunningham Lane is the road less travelled and Number 41 affords visionary buyers an opportunity to be rewarded for their clear conviction to take the next step within the property market. Astute buyers will not allow themselves to let this property pass them by.
Many buyers are currently describing a sense of being conflicted in their search for a property. They feel very clear on what they want the property to be. Yet despite this clarity they are yet to find the right option, or take the next step. A key reason for this is because they desire a lifestyle property, with land and space for their family – for their kids to play, for pets to roam, and space for their family to live and grow. But they also know full well that they ideally must live within close proximity to the Bendigo city centre – for access to schools, sport, workplaces and leisure.
For other buyers they describe that they are looking to downsize from broader acreage and wish to be close to their city dwelling families, medical facilities and social activities. There are also other buyers who are conflicted. They are looking for opportunities to secure land to build a new home for themselves or to land bank, but find land is incredibly scarce. There are also other buyers who are looking for a period home to tug at their heartstrings so that it may be faithfully restored to its former glory and cherished for decades to come.
Proudly held by the same family for the past 90 years, this prized property is now offered to the market. It is offered in three lots which provides buyers the opportunity to secure one, two or all three lots by their own means; or by arranging a joint venture with family, friends or likeminded investors.
Lot 1: SOLD 3.5 Acres | Features a beautiful dam, 3.9 Meg water allowance from Coliban Water, mains electricity connected and a pressure pump.
Lot 2: 3.5 Acres | Features a 1930's farmhouse, two silos and shedding. As well as mains electricity and telephone connected.
Lot 3: 2 Acres | Vacant land, with power available from the roadside.
All three lots offer a calming ambience and a connectedness to the natural environment – yet immediate access to suburbia as you desire. Perhaps you'll surround your new (or newly renovated) home with beautiful gardens, shedding, stables, water tanks, a pool, grassy play areas, outdoor entertaining and more.
Zoned Low Density Residential the astute will investigate the feasibility of extending town sewer to the property to meet Council requirements to subdivide the land into 2,000m2 lots for profit.
How fortunate you would be to have such close access to the Bendigo Golf Course, Racecourse, National Park, Epsom Village and Epsom Train Station. There is also excellent access to a medical clinic, dentist, Chemist Warehouse, Woolworths, Aldi, milk bar, takeaway options and speciality stores. As well as Human Mechanics and Snap Fitness gyms. Also very nearby are Bunnings, childcare centres, kindergartens and primary and secondary schools.
There are walking and biking trails, parks, play spaces, sporting and recreation reserves, and bushwalks. Also, within short driving distance there is the Bendigo Botanic Gardens at White Hills, the Pottery, a seasonal pool and Lake Weeroona. It's a short drive to the Bendigo CBD, and even shorter to the Bendigo Airport with daily flights to and from Sydney.
A copy of the Due Diligence checklist can be found at https://www.consumer.vic.gov.au/duediligencechecklist
Listing description written by Patrick Skahill, Elders Real Estate Bendigo — reproduced as published, not verified by Districts.