As we step into June, Bendigo’s real estate market continues to deliver a healthy mix of residential homes and land sales across a range of price points. For the week ending Saturday, 31 May 2025, the local market reflected a balanced blend of activity in both established suburbs and emerging growth corridors, with transactions demonstrating strong buyer demand, particularly for family homes and well-located properties.
Notable Sales Across Bendigo
One of the standout sales this week came from 120 Wills Street, Bendigo, a centrally located property that achieved a final sale price of $765,000. Featuring four bedrooms and a central location on a 515m² block, this sale illustrates the continued demand for properties with historical character and city-fringe accessibility.
Meanwhile, over in Huntly, a modern four-bedroom, two-bathroom home at 18 Whirrakee Parade changed hands for $590,000. Situated on a generous 678m² block, this result highlights the strength of family-oriented suburbs offering space, convenience, and value for money.
In Strathfieldsaye, demand for residential land remained steady, with a 650m² parcel at 48 Swanson Boulevard selling for $335,000. This transaction underscores the continued popularity of land in growth areas, appealing to those seeking to build new homes in family-friendly communities.
Activity in Established Suburbs
California Gully saw a three-bedroom home at 14 Dowding Street sell for $415,000, further reinforcing the suburb’s position as an affordable entry point into the market. Similarly, Golden Square recorded a trio of solid results:
- 2/27 Macdougall Road fetched $540,000 for a three-bedroom, two-bathroom home on 402m²,
- While 329 King Street, a three-bedroom residence with a larger 608m² block, settled at $515,000.
These results show the diversity of offerings in Golden Square and how the suburb continues to cater to first-time buyers, investors, and downsizers alike.
Ironbark added a notable result with 85 Eaglehawk Road, a four-bedroom, two-bathroom home on nearly 1,000m², achieving $600,000. The larger block sizes and central positioning continue to draw attention in this tightly held pocket.
North and East Bendigo Holding Strong
In the northern stretch of Bendigo, 8 Carinya Court, North Bendigo secured $450,000 for a three-bedroom home on 520m². This is a testament to the area’s increasing popularity due to its close proximity to the hospital precinct and CBD access.
Out east in Flora Hill, a two-bedroom unit at 1/67 Osborne Street sold for $465,000—a competitive figure for a unit in a high-demand education-adjacent location. With La Trobe University nearby, Flora Hill remains attractive for both owner-occupiers and investors.
In Ascot, the sale of 2 Rosea Court for $630,000 showcased the demand for well-maintained homes on sizable blocks. The three-bedroom, two-bathroom home with triple car accommodation is a solid representation of the area’s value proposition.
Eaglehawk and Surrounds Show Land & Lifestyle Appeal
Eaglehawk, traditionally known for its more rural atmosphere within city reach, presented a rare offering this week with 33 McCormacks Road—a two-bedroom home set on a massive 8,223m² lot. This property sold for $520,000, appealing to buyers looking for space, lifestyle, or potential for further development.
This contrasts strongly with the urban density in Bendigo’s inner ring and illustrates the region’s flexibility in offering everything from compact city living to acreage just minutes from the CBD.
Summary of This Week’s Market Dynamics
Across Bendigo, 11 properties were sold this past week, including both residential homes and vacant land. Price points ranged from $335,000 for land in Strathfieldsaye to $765,000 for a premium central listing in Bendigo’s core.
We continue to observe:
- Strong interest in 3–4 bedroom family homes, particularly those with updated interiors and functional outdoor areas.
- Consistent demand in lifestyle corridors like Huntly and Eaglehawk, where buyers get more land for their money.
- Established suburbs like Golden Square, Flora Hill, and California Gully maintaining healthy turnover thanks to price accessibility and strong rental appeal.
While overall volume was slightly lower than previous weeks, quality listings are continuing to move quickly, particularly those priced realistically and well-presented. There is also evidence that buyers are still motivated, although they are becoming more selective, with proximity to schools, amenities, and commute times playing a growing role in decision-making.
What This Means for Buyers and Sellers
For sellers, now is a solid time to list if your property is well-prepared. The market is competitive, but buyers are still actively looking—particularly in the $450,000–$650,000 bracket. Presentation, pricing strategy, and a clear marketing plan remain crucial for standout results.
For buyers, the current market continues to reward those who act quickly and are clear on their criteria. Opportunities in Bendigo’s middle-ring and outer suburbs offer strong value, while inner-city locations continue to command premiums for character homes and strategic land parcels.
Looking Ahead
As we move into winter, we may begin to see a slight seasonal dip in listing volume. However, the Bendigo market has proven resilient, with steady turnover, especially in family-friendly zones and development areas. Watch for more competition in established homes and continued demand in areas like Strathfieldsaye, Huntly, and Flora Hill.
Whether you’re buying, selling, or investing, staying informed on weekly trends is key to understanding where the Bendigo market is heading.
—
Stay tuned for next week’s wrap as we continue to track Bendigo’s property trends through the colder months. If you’re planning a move or curious about your suburb’s performance, our weekly updates keep you in the know.