Bendigo at a glance
5,608
People
$635,000
Median sale
$444/wk
Median rent
3.64%
Suburb gross yield
Median sale from 80 recorded sales (last 12 months) — a Districts calculation.
3
Bedrooms
1
Bathrooms
2
Car spaces
1,132 m²
Land
111 m²
Building
Districts View
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Bendigo (last 5 years) with land size have a median of $1,386/m² of land (n=95). Districts calculation from recorded sales — not a valuation.
Bendigo at a glance
5,608
People
$635,000
Median sale
$444/wk
Median rent
3.64%
Suburb gross yield
Median sale from 80 recorded sales (last 12 months) — a Districts calculation.
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
Bendigo at a glance
5,608
People
$635,000
Median sale
$444/wk
Median rent
3.64%
Suburb gross yield
Median sale from 80 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elders Real Estate BendigoThis property occupies a whopping 1,100sqm of ground, not just with the 3550 postcode, but with a Bendigo proper address. It is located less than 2km, or 3 minutes from our beautiful landmark, Alexandra Fountain in the heart of Bendigo's CBD. The home has a lovely Victorian façade and many of the traditional features. It is well and truly ripe for renovation and just begging for someone who loves old homes to reinstate it, to its former glory. It would also be suited to someone who is interested in pursuing the possibility of subdivision potential in the future.
The current owner purchased this property from her mother over 25 years ago, meaning this property has quite literally been held by the same family for decades, or generations. It is from an era when people took a lot of pride in their gardens, and it even has a suitable name; "Summerfield".
The home hasn't had any substantial improvements in the whole time of the current ownership, which on one hand means it is quite tired, and would most definitely benefit greatly from a renovation or refurbishment, but on the other hand, it means most of the original traditional features are still in place, such as sash windows with the quirky original glass, reminding us that once upon a time, everything was handmade, deep skirting boards, towering timber-lined, ceilings, timber dado boards, and picture rails are amongst the wonderful echoes of the past.
The floor plan is as you would expect from a home of this age, with four main rooms at the front, the first two divided by a central entry hall, beyond which you step into what is currently being used as the dining room, with a bedroom alongside, then the kitchen with an adjacent bedroom sized room, and as you move towards the back door you will find yourself in what would once have been called the vestibule, but is more commonly known as a sunroom now with the bathroom to one side and the laundry and toilet to the other. This transitional space would make an excellent study or gaming area.
An advantage of older homes like this is the versatility of the space. Clever design in the kitchen, would see the dining incorporated, freeing up the other rooms for use as four bedrooms and a lounge or three bedrooms and two separate living areas.
If you just want a nice handy spot to raise your kids, with a big backyard to explore, the gardens are beautifully established, and the property is a triangle which makes it really unique and peculiar with lots of little nooks and crannies. There are bird aviaries tucked away right down the back, and closer to the front There is a brick garage, an older shed, and some other sundry shedding.
In discussion with Town Planning, it seems that subdivision is a possibility here, however a heritage overlay would need to be addressed, with a mind to preservation of the original home, but then who wouldn't want to breathe new life into this lovely piece of history.
I really don't need to address the convenience of the location, it is unbelievably close to everything you could possibly want from Bendigo. The list would be ridiculous, pick anything and check for yourself.
This property is rich with possibility and ideal for someone gifted with the vision to see the potential, and the ability to add value by bringing that into reality.
Consider yourself invited to the next open and feel free to contact the friendly agent, she would love to help you.
A copy of the Due Diligence checklist can be found at https://www.consumer.vic.gov.au/duediligencechecklist
Listing description written by Ruth Heard, Elders Real Estate 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.