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.
$2,200,000
For sale
Asking
6
Bedrooms
3
Bathrooms
3
Car spaces
2,050 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
Asking
$2,200,000
Asking · $1,073/m² of land
No recorded sale for this property.
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
+246.5%
Median sale
Suburb $635,000
-2.59 pp
Gross yield
Suburb 3.64%
Suburb median $635,000 from 80 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$130,314 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.
Pre-filled with Bendigo'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 $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.
Gross yield if leased at the suburb aggregate is 1.0%. 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
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 Tweed Sutherland First NationalThis is your opportunity to own one of Bendigo’s premier residences, “Biralee" on Forest Street.
Historical documents reveal Biralee has only had three owners in its 160-year history, including three generations of the Mackay family, early investors in the Bendigo Advertiser and Beehive department store. This is the first time this magnificent property has been offered for sale in 30 years.
Biralee on Forest Street, circa 1860s, is testament to the wealth and architectural splendour from the Victorian gold-rush era.
This majestic 5 bedroom treasure sits on estate-style land with two titles, measuring circa 2,050 square metres. The charming tree-lined laneway access leads to three car semi-enclosed carport with power connected, concrete flooring and twin roller doors. The grounds feature established park-like English gardens with a 150-year-old oak tree (estimated) with its magnificent canopy, meandering pathways, a tranquil Zen garden, pond, above ground swimming pool, rainwater tanks and secure fencing. There is even a Pizza oven!
There have been extensive upgrades to roofing, electrical wiring and plumbing.
In addition, the fully self-contained second residence makes this property unique, providing accommodation for aged parents, extended family or as an income stream from long term tenants or short-term business accommodation.
The main residence features:
• Magnificent 19th-century architecture incorporating double brick walls, Baltic pine flooring, lead lighting and soaring pressed-metal ceilings;
• A modern chef-quality open plan kitchen and family dining features restaurant-style utensil racks, Asko dishwasher, ILVE 900mm-wide dual-fuel cooker, a full-sized pantry room, and is air conditioned for your comfort;
• A second pantry; this one is galley style and charming, adorned with original mesh-fronted cabinetry and floor-to-ceiling cupboards;
• A grand formal lounge and dining room with pressed-metal ceilings; a gas-log fire and the original marble fireplace are further refinements in this graceful and inviting room, where fully-lined silk drapes frame an eight-panel conservatory-style bay window;
• The hallway with traditional arch, lit by a modern skylight, leads to the spacious and versatile sitting room featuring a box-bay window, custom-made shutters and premium quality Axminster carpet;
• A comfortable main bedroom retreat with open fire, built-in robes, modern ensuite with freestanding oval bath, frameless shower and floating vanity;
• Expansive executive office with built-in storage, data points and NBN;
• A super-sized laundry with a hobby bench, storage galore, a second bathroom, and an interconnecting door to the second residence;
• An underground cellar, large enough for the most avid collector of wines, where the temperature hovers around 13°C for optimal wine storage.
The spacious second residence features:
• Superior comfort with mobility accessibility providing independent living for family members and guests;
• A separate driveway and entrance, private courtyard, easy access ramp, hardwood timber flooring, central heating and reverse-cycle air-conditioning;
• Generous open-plan living and dining plus a full-sized kitchen with ample storage, a dishwasher and a user-friendly wall oven;
• A light-filled carpeted bedroom where a bay window overlooks the lovely English garden;
• An easy access bathroom, a separate laundry and a study nook complete the fully self-contained home unit/granny flat that has been purpose-designed to complement the main residence.
Location and lifestyle:
If you are in search of a tranquil & private property offering a convenient inner-city location, being able to stroll to the arts precinct, cafes, restaurants, Queen Elizabeth Oval, Rosalind Park and the city centre, then “Biralee Forest Street” is a property you should explore.
Minutes from Girton Grammar School, Bendigo Senior Secondary College, Catherine McAuley College, Bendigo Hospital and St John of God Hospital. Close to childcare, public transport, theatres, galleries and so much more.
Biralee on tree-lined Forest Street has been admired by many but only few have been able to call it “home”. This is your opportunity to become its next custodian.
Call Andrew today to arrange your private viewing.
Contact Andrew Pearce on 0419 544 251 for more information.
Listing description written by Andrew Pearce, Tweed Sutherland First National — 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.