Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

VIC › Bendigo › Nettle St

52 - 54 Nettle St, Bendigo VIC 3550

For saleHouse

$1,450,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

810 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,450,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,450,000(Listing record · 8 July 2026)
  • CalculationLand 810 m² against a 190 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Bendigo (last 5 years) with land size: median $1,386/m² of land (n=95). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 128% above the Bendigo median recorded sale ($635,000, n=80, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Bendigo's advertised median rent ($444/wk), implied gross yield would be 1.59% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  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

The ask against the evidence

Asking

$1,450,000

Asking · $1,790/m² of land

No recorded sale for this property.

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.

See the full Bendigo report →

Vs Bendigo

+128.3%

Median sale

Suburb $635,000

-2.05 pp

Gross yield

Suburb 3.64%

Suburb median $635,000 from 80 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,450,000
Stamp Duty (Victoria)
$79,750
Transfer/Registration Fee
$3,497
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,536,947

$86,947 on top of the price (6.0% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Bendigo's advertised median rent — not a rent for this listing.

Net yield
0.09%
Annual cashflow (pre-tax)
$-74,062
Interest cover (DSCR)
0.02
Annual rent
$23,088
Operating expenses
$21,750
Loan amount
$1,160,000
Annual interest
$75,400
Gross yield
1.59%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as 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

2026$1.45m$1.45m
  • Sold (recorded)
  • Asking price (not a sale)
  1. Listed$1,450,000available8 July 2026
  2. Listed$1,450,000available14 May 2026

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?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

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

Gross yield if leased at the suburb aggregate is 1.6%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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

Bendigo in one glance

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.

See the full Bendigo report →

Keep researching

  • Why Bendigo? Read the area thesis →
  • What else is on the market in Bendigo →
  • Other records on Nettle St →

Listing material

Listed by Mark O'Shea Realty

This Bendigo Period Home Could be the Solution!

52–54 Nettle Street is for buyers who have been searching for a true Bendigo period home with history, scale, flexibility and elevated position — without having to give up the way they actually want to live.

It does not ask buyers to choose between history and function, street presence and liveability, central Bendigo convenience and proper space.

It brings those pieces together.

Read the full description

Built in 1893 and recorded in the Bendigo & Eaglehawk Heritage Study, this residence carries the weight and detail of old Bendigo — the leadlight entrance, central hallway, high ceilings, fireplaces, deep skirtings, ornate verandah work, two-colour brickwork, distinctive Bendigo gable and rooms with real proportions.

The entrance sets the tone.

The leadlight is the first sign that this is not a standard home. From there, the central hallway gives the house its spine, drawing you through the original front rooms before the floorplan opens into the living spaces that make the home work today.

The formal lounge holds one of the home's more interesting transitions, with the original window now looking into the rear split-level extension. It lets the old part of the home stay visible as the floorplan opens into formal dining and relaxed everyday living, where large windows draw in garden outlooks and natural light.

Beyond the main residence, the studio/gym provides a working, training, or creative space that many central period homes simply lack, while the cellar and double garage give the property the practical depth that buyers still value after the period detail has won them over.

The home offers:

+ Leadlight entrance with immediate period impact

+ Central hallway with arched detail and high ceilings that visitors remember

+ Front lounge full of 1890's period grandeur

+ Split-level dining and living zone, adding the 21st-century casual feel

+ Main bedroom with a robe and an ensuite

+ 3 additional bedrooms

+ Family bathroom

+ Cellar

+ Separate studio/gym

+ 3.9kwSolar System

+ Fibre to the home internet

+ Residence size pprox 190sqm l(including cellar & veranda)

+ Garage/Gym size approx 60sqm

+ Allotment size approx 810sqm allotment

For buyers who have been comparing homes that only address part of their search, 52–54 Nettle Street could be your family home solution.

+ A true Bendigo period residence.

+ A central position.

+ A floor plan with scale.

+ Flexible spaces beyond the main home.

The Bendigo period home that could end your search.

For private inspection, call 0437 745 726

Listing description written by Mark O'Shea, Mark O'Shea Realty — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Dishwasher
  • Solar Panels
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.