Bendigo’s property market maintained a strong rhythm this past week, with robust sales activity across suburbs like Golden Square, Strathdale, Eaglehawk, Maiden Gully and Huntly. A total of 25+ reported sales spanned everything from entry-level homes to million-dollar residences and rural holdings—showing once again that Bendigo caters to a wide spectrum of buyer profiles.
The highest-profile sale of the week was 9 Alfreda Place, Golden Square, which fetched a commanding $1,480,000. The five-bedroom, three-bathroom residence on over 1,100m² attracted significant buyer interest thanks to its executive finish, generous accommodation, and prized location. This sale underlines a growing appetite for prestige properties in Bendigo, particularly in Golden Square, where buyers are prepared to pay a premium for space and style.
Further reinforcing that trend was 68 Patas Road in Maiden Gully, which sold for $819,000. This substantial family home on a 7,890m² parcel highlights the continuing demand for semi-rural properties offering a blend of lifestyle, convenience, and investment stability. Likewise, Lot 11 Elmore-Barnadown Road in Goornong—a massive 23.27-hectare rural holding—sold for $551,010, proving that larger allotments continue to appeal to buyers seeking land-rich opportunities within reach of the CBD.
Eaglehawk had a particularly active week with several significant transactions. Notable among them was 1 Newton Street, sold for $680,000, and 8 Billola Court, which traded hands for $610,000. Even more modest homes in the area saw strong demand, such as 62 Caldwells Road at $340,500. These figures reflect the suburb’s increasing popularity among families, retirees, and investors chasing affordability with potential for long-term growth.
In the neighbouring suburb of North Bendigo, 4 Hoy Street sold for $713,000, standing out for its 1,730m² block and well-maintained family residence. Kennington also made headlines, with 1/5 Lambruk Court fetching $525,000 for a two-bedroom home—demonstrating that smaller dwellings in desirable, leafy pockets remain highly competitive.
Strathdale showed consistency again, with 38 Chelsea Boulevard selling for $800,000 and 151 Reservoir Road going for $567,000. Buyers continue to target this suburb for its proximity to schools, shopping, and outdoor recreation. Similarly, Quarry Hill clocked a result of $465,000 for a three-bedroom home at 86 Havlin Street West—proof that inner-suburb appeal is alive and well.
California Gully and Golden Square, traditionally more affordable markets, continue to see upward pressure. 112 Bright Street sold for $464,000 and 3 Curnow Street changed hands for $461,000, indicating steady interest from entry-level buyers. Golden Square was also home to higher-end transactions, such as 1/27 MacDougall Road ($610,000) and 56 Maple Street ($600,000), revealing a broad price range and diverse buyer activity.
Marong continues to rise in popularity as a lifestyle location. 7 Oscar Drive sold for $615,000—evidence that young families and city escapees are investing in the growth corridor for its blend of amenity and country charm. This matches the broader regional trend across Victoria where peri-urban suburbs are experiencing price growth due to limited supply and changing buyer expectations post-COVID.
Meanwhile, newer subdivisions in Huntly and Jackass Flat also held their own. 15 Evergreen Boulevard (Jackass Flat) achieved $650,000 and 94 Sargeants Road (Huntly) sold for $355,000 as a residential land holding—highlighting the appetite for future builds and investment stock in northern estates.
Townhouses and smaller homes also performed well this week. In Kennington, a two-bedroom at 1/5 Lambruk Court sold for $525,000, while a similar-sized home in Golden Square at 1/27 MacDougall Road reached $610,000. These numbers continue to surprise on the upside, affirming the trend of buyers prioritising location and finish over sheer size.
Bendigo’s land market also showed strength, with multiple parcels transacting quickly. Aside from Huntly and Goornong, other landholders were active in Eaglehawk, where future subdivisions and low-density housing remain in focus.
Zooming out, this week’s sales clearly show Bendigo’s diversity as a real estate market. High-end homes are trading above $1 million, family homes in the $600k–$800k range are moving steadily, and lower-price-point properties continue to attract strong competition from first-home buyers and investors. With affordability increasingly rare in Melbourne’s fringe and Ballarat’s values continuing to climb, Bendigo presents a compelling alternative for buyers seeking more for their money without sacrificing lifestyle.
Sellers in well-located suburbs like Strathdale, Kennington, Maiden Gully, and Golden Square are particularly well-positioned heading into August, with limited listings ensuring solid open-home traffic and quick turnarounds. The consistent interest in rural acreage and infill land sales adds depth to the market, ensuring a balanced blend of buyers and property types.
Looking forward, Bendigo’s market fundamentals remain strong—tight vacancy rates, a diversified local economy, and improving infrastructure underpin the positive outlook. As winter wraps up and the traditional spring campaign draws near, now may be an ideal window for sellers to capitalise while competition is still relatively low.