Spring Gully at a glance
3,085
People
$700,000
Median sale
$460/wk
Median rent
3.42%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
VIC › Spring Gully › Francis St
$350,000–$385,000
For sale
Asking range
1
Bedrooms
1
Bathrooms
1
Car spaces
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
Asking
$350,000–$385,000
Asking range
No recorded sale for this property.
Spring Gully at a glance
3,085
People
$700,000
Median sale
$460/wk
Median rent
3.42%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs Spring Gully
-50.0%
Median sale
Suburb $700,000
+3.41 pp
Gross yield
Suburb 3.42%
Suburb median $700,000 from 27 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$20,693 on top of the price (5.9% extra)
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.
Based on the low end of the asking range, not a contract price.
Pre-filled with Spring Gully's advertised median rent — not a rent for this listing.
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.
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 $460/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.
Gross yield if leased at the suburb aggregate is 6.8%. 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
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
Spring Gully at a glance
3,085
People
$700,000
Median sale
$460/wk
Median rent
3.42%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elders Real Estate BendigoIf you would like to retire into a really wonderful community where the focus is on independence, the facilities and amenities grant you excellent security and convenience, as well as many options of interesting ways to spend your time, together with good company, then this lovely unit with a gorgeous outlook might be just what you've been waiting for.
This home is on Francis Street just around the corner from Broadway which is where you will find the Village Centre and Post Office. The Bendigo Retirement Village has lots of lovely open space and established trees so when you look out, or go for a walk, you might think you live in a park. In fact you might even meet a roo or two here, who visit once in a while to lay on the grass and sleep under the trees.
Inside the home, has neutral tones that are very gentle on the eye, and easy to jazz up with whatever colour scheme is your favourite. This particular unit has a very comfortable spacious feel. You enter in upon the lounge room which has a skylight and picture windows, providing lots of natural light, and a reverse cycle split system to keep you cosy through winter and comfortably cool when summer comes around. There is always the option of using the ducted evaporative cooling if you prefer too. Another noteworthy attribute is the solar system for those of us who like to keep their bills down.
The lounge opens onto the dining area and the kitchen which is fresh and modern with a stainless steel wall oven under an electric cooktop, a half sized dishwasher, as well as a powerpoint in the pantry in case you would like to tuck your microwave or other appliances away. It also has a drawer system just to make your life easier.
The laundry offers extra storage space including a broom closet. While the bathroom directly adjoins the bedroom, which has built-in-robes as well as a linen press. The whole unit is beautifully presented and well maintained.
There is a nice private al fresco area through a new sliding door in the dining area, the garden here is so pretty and provides a shortcut to the village centre. Another functional feature is a garage with a remote control door.
For your families peace of mind each unit in the village has a MePacs personal alarm connected with 24 hour response. The village also has a golf buggy so that they can run you home from the village centre if the need arises, a village bus for shopping trips, and gardeners, who even take your bins out, though you are welcome to tend your own garden if you wish. On top of this the bus stop is straight out the front.
The village itself is a friendly community of retirees enjoying each other's company and the excellent facilities and amenities including its own post office, a suite of offices for a visiting hairdresser, podiatrist and doctor, pharmacy delivery and prescription service, a bar where you might enjoy happy hour, communal kitchen, billiard table, exercise machines in the gym, a book and dvd library, a barbecue area and a vegetable garden where you can tend your own patch if you want to.
There are many on site activities available such as indoor bowls, mahjong, various clubs, and art, dance and exercise classes. It's all up to you, you can participate in as much or as little as you like.
Units in the Bendigo Retirement Village are available exclusively to over 55's and a separate contract is to be signed with the Village. Feel free to call the friendly agent for more details. Consider this your invitation to the open inspection.
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.