Bendigo’s property market surged forward this week with a diverse spread of sales across lifestyle properties, established family homes, and affordable entry points. From multimillion-dollar acreage in Mandurang to residential land and compact units closer to town, this week’s transactions showcase a resilient and active market that continues to attract both local buyers and regional tree changers.
Luxury Acreage Commands Big Dollars
This week’s standout transaction was the $1,460,000 sale of 130 Fadersons Lane in Mandurang. With six bedrooms, three bathrooms, and 2.01 hectares of land, this premium rural lifestyle property was the top performer by a significant margin. The Mandurang area continues to appeal to high-net-worth buyers looking for space, privacy, and proximity to the Bendigo CBD.
Backing this trend was the $880,000 sale of 150 Alexander Reef Road in Lockwood. Spanning nearly 32 hectares, this acreage property reflects the growing appeal of Bendigo’s outer zones for those seeking a slower pace and room to grow. Likewise, 133 Springvale Road in Lockwood South changed hands for $740,000—demonstrating that buyers remain ready to invest in acreage properties offering strong value compared to Melbourne’s outer fringe.
Spring Gully and Kangaroo Flat: Family Favourite Suburbs
Family buyers continued to show strong interest in Bendigo’s established suburbs. 4 Masefield Street in Spring Gully sold for $786,000—a strong result for a five-bedroom home on over 1,400sqm. This underscores Spring Gully’s ongoing popularity with buyers seeking a peaceful bushland feel without sacrificing proximity to schools and the CBD.
Kangaroo Flat was another hotspot, with multiple high-value results. 22 Poorinda Crescent achieved $745,000, while 363-365 High Street sold for $675,000, both for five-bedroom homes. These figures reflect the suburb’s growing appeal, boosted by its schools, train access, and expanding retail precinct.
Long Gully Delivers Strong Mid-Range Results
Long Gully was the surprise performer this week, with three solid results indicating rising buyer interest in this often-underestimated area. 12 Wilson Street fetched $470,000 for a compact two-bedroom home on 312sqm—an impressive outcome that signals growing pressure in Bendigo’s inner-west.
Meanwhile, 68 Cunneen Street reached $540,000, and 35 Arblaster Street sold for $470,500, both for modest dwellings with traditional layouts. Long Gully’s affordability and proximity to the CBD are beginning to attract a new wave of buyers—particularly first-home purchasers and investors seeking higher yields than Melbourne can offer.
Golden Square, Marong, and California Gully Still in Demand
Golden Square continued its reliable performance with 26 Maple Street selling for $552,500. With three bedrooms and two bathrooms on a compact 431sqm, this result reflects steady demand for well-renovated homes in established locations. Golden Square remains a popular choice for both owner-occupiers and investors, benefiting from great transport links and access to Bendigo’s services.
In nearby Marong, 10 Falls Street changed hands for $620,000—a figure that reflects the suburb’s transition into a popular semi-rural destination for families and retirees. California Gully also remained in the mix, with 35 Arblaster Street fetching $470,500. These sales demonstrate continued demand for housing in the affordable outer west of Bendigo, where price points remain within reach for many buyers.
Epsom and White Hills Show Activity at Both Ends
Epsom continues to shine in the north, with 14 Glenwill Drive achieving a healthy $770,000. The home’s four-bedroom layout and generous 848sqm block with six parking spaces made it an attractive choice for families upgrading from smaller inner-city homes.
Meanwhile, in White Hills, Lot 17 at 171 St Killian Street sold for $275,000. This 862sqm block of land presents a great opportunity for a new build in one of Bendigo’s more affordable northern pockets. With land prices still relatively low compared to metropolitan areas, buyers are looking to suburbs like White Hills to secure large blocks with future upside.
Inner City Bendigo Sees Entry-Level Movement
Closer to the CBD, we saw the sale of 3/83-87 Arnold Street, which sold for $451,500. This two-bedroom townhouse-style residence shows that even as affordability tightens, inner Bendigo still offers accessible options under $500,000. Investors, in particular, will note the appeal of properties within walking distance of the hospital precinct, university, and transport hubs.
Rural Lifestyle Properties Set the Bar High
Beyond Mandurang and Lockwood, regional acreage continues to command buyer attention. These large blocks—particularly those over 5 hectares—are being snapped up by professionals working remotely, as well as retirees wanting land, space for hobbies, or future development potential. The strong $740k+ sales in Lockwood South and the $880,000 achieved in Lockwood are evidence that the appetite for rural living remains firm.
These results also reveal the broadening definition of Bendigo’s market—where buyers are now just as likely to consider properties 20-30 minutes from the CBD as they are to look in traditional metro-adjacent suburbs. This trend has been accelerated by flexible work arrangements and the relative scarcity of large lots in town.
Final Word
This week’s Bendigo property market data reflects a deep and multi-layered buyer pool. High-end lifestyle homes, traditional family dwellings, affordable units, and vacant land all found their match. The strength of sales in Long Gully and Kangaroo Flat suggests that demand is beginning to flow into suburbs once seen as second-tier, while the ongoing appeal of lifestyle acreage continues to push prices upward in Bendigo’s southern and western fringes.
With momentum building as we approach the spring selling season, expect increased listing activity and ongoing strong buyer interest—particularly in well-priced, well-located homes with flexibility or renovation potential.