North Bendigo at a glance
4,167
People
$554,000
Median sale
$444/wk
Median rent
4.17%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
VIC › North Bendigo › Smith St
$480,000
Last sold
1 Nov 2022
3
Bedrooms
1
Bathrooms
2
Car spaces
582 m²
Land
106.5 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
$480,000
1 Nov 2022 · derived via latest_sale
Local land rate: recorded House sales in North Bendigo (last 5 years) with land size have a median of $870/m² of land (n=96). Districts calculation from recorded sales — not a valuation.
North Bendigo at a glance
4,167
People
$554,000
Median sale
$444/wk
Median rent
4.17%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
Vs North Bendigo
-13.4%
Median sale
Suburb $554,000
+0.64 pp
Gross yield
Suburb 4.17%
Suburb median $554,000 from 43 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
North Bendigo at a glance
4,167
People
$554,000
Median sale
$444/wk
Median rent
4.17%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Belle Property Bendigo | Castlemaine | MaldonAre you on the hunt for a property in a prime location to develop, or a home to add to your rental portfolio? This 582m² allotment - just a short 500m walk from Bendigo Hospital - could just be the property you're looking for.
Conveniently located close to Bendigo's busy medical precinct, the property guarantees high tenancy rates, or would make for an ideal block to level and build a couple of townhouses (STCA).
The address currently features a 3-bedroom weatherboard home that is currently tenanted. It provides a secure income and if planning to knock over and redevelop, it offers time to get designs, permits and plans in order.
Otherwise, simply sit comfortably with a secure rental property. The home offers new carpet throughout, split system air conditioning, ceiling fans, and a gas heater. The main bedroom (with built-in robes) and good-sized living and dining room are located at the front of the home - alongside the remaining bedrooms and bathroom.
The kitchen features gas cooktop and wall oven and good cupboard space, and is next to the laundry with separate toilet, located at the rear of the home.
Outside there is a good-sized backyard, with some small established trees to provide a nice shady spot to relax. Alongside the home, there is a long, concreted driveway (where you could park several cars) that leads to a lock up 5m x 5.5m shed and provides secure vehicle storage.
Positioned less than 2km from Bendigo's renowned Pall Mall, and around 1km to Lake Weeroona this address is centrally located close to Bendigo's CBD, shops, cafes, schools and more – making it a promising investment.
Listing description written by Tim Noonan, Belle Property Bendigo | Castlemaine | Maldon — 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.