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.
VIC › Bendigo › Drought St
$802,500
Last sold
20 Mar 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
817 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
$802,500
20 Mar 2026 · derived via latest_sale
Local land rate: recorded House sales in Bendigo (last 5 years) with land size have a median of $1,393/m² of land (n=94). 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.
Vs Bendigo
+26.4%
Median sale
Suburb $635,000
-0.76 pp
Gross yield
Suburb 3.64%
Suburb median $635,000 from 80 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
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 Bendigo Real Estate58 Drought Street has all the right credentials for convenient city-fringe dwelling. This Californian Bungalow offers lots of period charm in a prime position. The home displays many of the defining characteristics of the now-popular style. The weatherboard and roughcast build features:- a twin-gabled facade with a front porch held aloft by tapered piers, creating a pleasant place to sit and survey the low-maintenance front garden.
Internal original features include a double front entry boasting polished floorboards, high ceilings, an arched timber fretwork panel and dado lining boards. The front lounge room features a beautiful leadlight-glazed bow window and a brick open fireplace.
Accommodation includes three bedrooms, two bathrooms, two living areas, a central kitchen and a versatile fourth bedroom or home office. The substantial main bedroom features more leadlight windows, an ornate cornice, a ceiling fan and built-in robes. The remaining two bedrooms, located beside one of the bathrooms, also have ceiling fans.
The kitchen is equipped with timber cabinetry, electric cooking, a dishwasher and abuts the large family living/dining room. This spacious family gathering area exudes a calming, light-filled atmosphere with French doors opening to a covered deck overlooking the backyard. The second bathroom (claw-foot bath, shower, timber vanity unit and WC), and a compact laundry complete the home interior. Enjoy outdoor living and dining on the rear deck or under the shade of a tall Silky Oak tree, while you keep watch over the younger set in the sparkling inground pool.
THIS IS BENDIGO
The enviable position is mere steps from the hospital precinct, close to primary and secondary schools, Lake Weeroona, local pubs and eateries, and a bus stop a few minutes' walk. This property represents the best in city-edge living for families, professionals, downsizers or investors seeking a sound property with a proven rental record.
ADDITIONAL FEATURES
• Zoned GRZ General Living Zone
• level lot approximately 756m²
• Ducted heating, 3 split system air con units, ceiling fans
• Colorbond double garage/workshop approximately 7m x 6m
• Gated, ashphalted side driveway and ample off-street parking space
Listing description written by Kaye Lazenby, Bendigo Real Estate — 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.