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.
$720,000
Last sold
30 Nov 2022
3
Bedrooms
1
Bathrooms
2
Car spaces
367 m²
Land
128 m²
Building
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
$720,000
30 Nov 2022 · derived via latest_sale
Local land rate: recorded House sales in Bendigo (last 5 years) with land size have a median of $1,377/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
+13.4%
Median sale
Suburb $635,000
-0.43 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
UnknownVictoria 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.
Area
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 Belle Property Bendigo | Castlemaine | MaldonLocated on the edge of the CBD, near the Bendigo TAFE, the new law courts, the Bendigo Health precinct and Rosalind Park, this lovely double brick property offers excellent commercial potential for a range of uses. A well-maintained building with modern updates, the property has plenty of warmth and charm with its Art Deco period detail.
Currently securely tenanted (with the opportunity for a long-term lease), the property is perfect for an investor looking for a well-positioned commercial opportunity with guaranteed return. An owner occupier seeking character-filled real estate with all the modern conveniences will find this property appealing also – it is set up for medical and/or allied health purposes or professional services use.
• Well-presented brick building on a corner block
• 2-car off-street parking
• Includes a kitchen, 5 private offices, central bathroom, storage, porch, garden and entry foyer
• 2 large water tanks and solar powered hot water system
• Heating and cooling throughout
The building is situated on the corner of Chapel Street and Farmer Lane and has rear access for 2 vehicles to park off-street. You will find additional parking on Farmer Lane or at the McCrae Street municipal carpark nearby. There is a low-maintenance front garden which offers a pleasant, welcoming entryway, as well as secure fencing with a front gate.
The front entry includes a ramp for accessibility and a large, covered porch area. Deco-era period detail, including feature lead lighting, sash windows, picture rails and ornate ceilings adds personality to the bright, light spaces. There is a second entry at the rear of the building, off the driveway.
Bursting with potential for a range of uses, the property includes a modern kitchen with a dishwasher, oven, gas cook-top, storage and bench space, and a powder room with a toilet and large vanity. There is also a second toilet located outside.
The office space is exceptional and includes 2 large private rooms to the front of the property (both with storage), with a further 2 offices behind them. In addition, there is a fifth ample office space at the rear that would be ideal for open plan co-working.
Well located off Pall Mall, and close to Rosalind Park and the Bendigo Creek trail, it is just a short walk to the centre of Bendigo. An excellent opportunity to secure premium commercial real estate awaits.
Listing description written by Tim Noonan, Belle Property Bendigo | Castlemaine | Maldon — reproduced as published, not verified by Districts.