Bendigo’s property market wrapped up July on a strong note, with a diverse cross-section of sales spanning suburban family homes, semi-rural lifestyle blocks, and compact investment properties. The region continues to draw consistent demand, particularly in the more affordable brackets and increasingly in prestige rural holdings, as buyers look for quality living without the big-city price tag. This week’s activity shows that Bendigo remains an attractive and active market for owner-occupiers, investors, and developers alike.
Topping the charts this week was a lifestyle property in Neilborough, where 64 Crameri Lane sold for an impressive $955,000. Set on generous acreage and offering four bedrooms, two bathrooms, and space to roam, the property epitomizes the appeal of rural living just outside the city limits. These semi-rural properties continue to surge in popularity, particularly among upsizing families and buyers seeking lifestyle freedom post-COVID.
Similarly, Strathfieldsaye recorded a standout sale with 148 Binks Road changing hands at $852,000. This five-bedroom, two-bathroom residence with garaging for five vehicles is set on over 2 hectares, providing the perfect mix of modern comfort and rural charm. Strathfieldsaye remains one of Bendigo’s most in-demand fringe suburbs thanks to its family-friendly community, excellent schools, and proximity to town.
Back in the heart of Bendigo, one of the most eye-catching results was 5 Flood Street, a unique eight-bedroom home on a rare 2,033m² parcel, which sold for $725,000. While needing some TLC, the property offers huge redevelopment potential, making it an attractive buy for investors, renovators, or even boutique accommodation ventures. Opportunities of this scale within city boundaries are becoming rarer, and savvy buyers are taking notice.
Epsom was active again this week, with 54 Goynes Road fetching $577,500. Offering three bedrooms on a large 815m² block, it ticks all the boxes for first-home buyers or downsizers looking for comfort and convenience. Likewise, nearby Huntly saw 21 Atherton Street settle at $562,500, reflecting sustained interest in these outer-north suburbs where price, land, and new infrastructure continue to draw young families.
In the inner-south, Quarry Hill registered a solid mid-tier result, with 31 Graham Street selling for $449,250. With three bedrooms on a manageable 466m², the property represents great value close to schools and Bendigo CBD. This pocket is steadily becoming a go-to option for buyers wanting the charm of older homes with the walkability of an established neighbourhood.
California Gully had a flurry of activity, with multiple transactions across a variety of dwelling types. 5 Staley Street, a neat three-bedroom home, sold for $405,000, while 2A Mates Street, a one-bedroom entry-level home, fetched $295,000. Notably, 14 Allen Street—a sizable 804m² residential land allotment—was sold for $305,000, highlighting continued demand from builders and investors for development-ready land.
Over in Long Gully, 48 Derwent Drive changed hands at $477,500—a tidy result for a three-bedroom home with scope for capital growth. These more affordable fringe suburbs continue to hold strong appeal for both investors and first-home buyers priced out of the inner circle.
Golden Square, as always, remained a high-turnover suburb. A two-bedroom, one-bathroom home at 10/45 Mclachlan Street was snapped up for $302,500—a price point that reflects strong rental yield potential and low maintenance requirements. The suburb’s mix of units and homes on larger blocks continues to attract a wide buyer demographic.
Meanwhile, Kennington recorded multiple sales this week, underlining its ongoing appeal among families and professionals. 11 Sternberg Street fetched $547,000, a solid result for a four-bedroom home on a compact block close to amenities. Also noteworthy was the sale of 103 Mundy Street at $470,000, and 3/174 St Aidans Road for $429,000—the latter a two-bedroom unit appealing to downsizers or investors seeking a foothold in this well-established area.
The Bridgewater On Loddon market showed signs of life too, with 12 Camp Street selling for $540,000. Positioned just beyond the metropolitan edge, this four-bedroom home on a 1,020m² block highlights the expanding geographic reach of buyers willing to consider lifestyle changes in return for space and affordability.
Central Bendigo continues to be a market of interest for townhouse buyers, as evidenced by 182 King Street, which sold for $650,000. With three bedrooms and just 241m² of land, this kind of central city living appeals strongly to professionals, retirees, and short-stay accommodation investors.
Kangaroo Flat added to the week’s strength with a notable sale at 19B John Street for $605,000—a modern four-bedroom residence in a prime location, attracting both investors and growing families. Kangaroo Flat’s mix of new builds and established homes continues to make it a popular choice for those seeking both value and connectivity.
The wide range of sales prices—from under $300K for compact homes and land in California Gully to close to $1M for acreage in Neilborough—once again reinforces Bendigo’s biggest advantage: diversity. No matter the budget or lifestyle goal, Bendigo offers options, and buyers are clearly responding.
From a broader perspective, this week’s figures show a well-balanced market. Properties in the mid $400K–$600K range are still the bread and butter of Bendigo sales, with buyers favouring practicality and value over speculation. Investor interest remains steady, especially in the sub-$500K unit and townhouse segment, while developers are still circling parcels of land suitable for subdivision or multi-unit development.
The fringe rural market is showing sustained heat, with acreage properties across Strathfieldsaye, Neilborough, and Huntly achieving strong results. These homes appeal not only to local buyers, but also to Melbourne escapees searching for space, autonomy, and a stronger value equation than what’s available on the city fringes.
All in all, Bendigo has once again demonstrated its resilience and wide-ranging appeal. Whether it’s suburban homes, central townhouses, regional land or rural retreats, there is a healthy level of buyer activity across the board. As we head into August, all indicators suggest that the market will remain active, well-supplied, and in demand.