Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

VIC › California Gully › Wood St

63 Wood St, California Gully VIC 3556

House

$575,000

Last sold

12 Mar 2026

3

Bedrooms

1

Bathrooms

4

Car spaces

1,336 m²

Land

107.7 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $575,000 (12 Mar 2026).(Recorded sale)
  • CalculationLand 1,336 m² against a 108 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in California Gully (last 5 years) with land size: median $810/m² of land (n=119). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$575,000

12 Mar 2026 · derived via latest_sale

Local land rate: recorded House sales in California Gully (last 5 years) with land size have a median of $810/m² of land (n=119). Districts calculation from recorded sales — not a valuation.

California Gully at a glance

4,449

People

$599,000

Median sale

$444/wk

Median rent

3.85%

Suburb gross yield

Median sale from 43 recorded sales (last 12 months) — a Districts calculation.

See the full California Gully report →

Vs California Gully

-4.0%

Median sale

Suburb $599,000

+0.17 pp

Gross yield

Suburb 3.85%

Suburb median $599,000 from 43 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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

  1. Sold$575,00012 Mar 2026
  2. Listedprice unknowncompleted19 Nov 2025

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

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

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

California Gully in one glance

California Gully at a glance

4,449

People

$599,000

Median sale

$444/wk

Median rent

3.85%

Suburb gross yield

Median sale from 43 recorded sales (last 12 months) — a Districts calculation.

See the full California Gully report →

Keep researching

  • Why California Gully? Read the area thesis →
  • What else is on the market in California Gully →
  • Other records on Wood St →

Listing material

Listed by Belle Property Bendigo | Castlemaine | Maldon

Affordable opportunity with space and potential - 1336m2 land (0.33 Acre).

Set on a large 1,336 sqm block not far from amenities in central Bendigo and Eaglehawk, this weatherboard home offers an affordable entry point into the Bendigo property market. Neatly kept, with plenty of scope to update or renovate or subdivide (STCA), the 3-bedroom, 1-bathroom home is ideal for first-home buyers, renovators or investors looking to add value.

• Three bedrooms, include built-in robes to the first and second rooms, and ducted evaporative cooling and ducted gas heating for comfort.

• The main bedroom features a ceiling fan, while all rooms benefit from natural light and a practical layout.

Read the full description

• A spacious lounge room provides a comfortable gathering space, complete with gas heating and a ceiling fan.

• The kitchen includes gas cooking, a breakfast bar and good storage, with scope to refresh or remodel.

• A large laundry with electric hot water service offers everyday functionality and access to the backyard.

• Outdoor living includes an undercover pergola ideal for entertaining, overlooking a generous backyard.

• Excellent shedding with two separate garages, two garden sheds and a woodshed – perfect for storage or hobbies.

• Side access via a long driveway provides flexibility for vehicles, trailers or additional parking.

• Positioned within easy reach of the Bendigo Showgrounds, Long Gully IGA, Bendigo RSL, local schools and bushland reserves.

• A short drive to Eaglehawk or central Bendigo adds everyday convenience and lifestyle appeal.

Offering strong future potential, this property presents an excellent opportunity to enter the market, invest, land bank, subdivide(STCA) or renovate to create a comfortable home with room to grow.

Listing description written by Adrian Robinson, Belle Property Bendigo | Castlemaine | Maldon — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Ducted Cooling
  • Ducted Heating
  • Living Areas: 1
  • Toilets: 1
  • Workshop

Also look at

Also for sale in California Gully

  • 5 Shiralea Ct, California Gully VIC 3556

    2-bed house. Asking $525K–$575K.

    For sale
  • 18 Thorpe St, California Gully VIC 3556

    3-bed house. Asking $550K–$595K.

    For sale
  • 29 Dowding St, California Gully VIC 3556

    3-bed house. Asking $550K–$590K.

    For sale
  • 11 Louden St, California Gully VIC 3556

    3-bed house. Asking $570K–$610K.

    For sale
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.