This past week in Bendigo has underscored the region’s growing complexity as a real estate market that now spans prestige inner-city properties, hobby farms, lifestyle acreages, and investor-friendly townhouses. From the leafy streets of Kennington and Strathfieldsaye to the rolling paddocks of Myers Flat and Sedgwick, buyers and sellers continued to strike deals despite a relatively tight supply.
Covering sales from Sunday 11 August to Saturday 17 August 2025, this market snapshot reveals Bendigo’s evolving mix of price points, asset types, and buyer motivations. Investor interest remains strong at the affordable end, while lifestyle-driven purchasers are showing up in force for large blocks and rural land. Here’s the full rundown of activity this week.
Myers Flat and Sedgwick Lead the Acreage Appeal
Regional buyers continue to seek space and privacy, and that was evident this week with multiple acreage properties successfully sold. 44 Kolle Lane in Myers Flat was a standout — a modest three-bedroom home on 9.77 hectares, selling for $620,000. This price point reflects the growing demand for usable acreage within 20–30 minutes of Bendigo’s centre, especially from tradespeople, hobby farmers, and families seeking a rural lifestyle with town access.
Not far behind was Lot 1 Heritage Drive in Sedgwick, a 13.76ha parcel of residential land that changed hands for $480,000. While the property is raw land, the location and scale made it highly attractive for anyone looking to build a semi-rural dream home or hold long-term as a capital growth play.
Even larger was Lot 2, 551 Axedale-Toolleen Road, which covered 59.49ha and fetched $575,000, showing just how active the lifestyle and landbanking segment remains.
Bendigo Central Posts a $1.9M Prestige Sale
In Bendigo’s historic centre, 49 Barkly Street delivered the suburb’s most eye-catching result of the week: a fully renovated, high-spec four-bedroom home that sold for $1,900,000. With three bathrooms, two car spaces, and 1,015m² of land, this sale confirms that inner-Bendigo can still command serious prices — especially when heritage features meet modern luxury.
Backing up this trend, 180 Don Street sold for $720,000, and 65 Rosalind Street (a two-bedroom townhouse) secured $630,000, showing that demand for well-located homes near Rosalind Park and the hospital precinct remains strong, even as interest rates linger near their peak.
Kennington, Maiden Gully & Strathfieldsaye Stay Competitive
In Bendigo’s prized eastern suburbs, family homes continued to change hands at solid values. 1 Cockerell Court in Kennington sold for $633,000, while 14 Pioneer Drive in Maiden Gully achieved $880,000 — a substantial five-bedroom home on over 1,400m², ticking the box for buyers seeking space and quality.
But perhaps the most impressive sale in this corridor was 21 Wanjel Street, Strathfieldsaye, which brought in $915,000. With four bedrooms, three bathrooms, and four car spaces, the property exemplifies how buyers are willing to stretch their budgets when the floorplan, land size, and location all align.
Goornong and Longlea: Rural Fringe Still in Demand
Rural fringe towns remain a haven for budget-conscious buyers or those seeking weekenders. This week, 7 Darling Street in Goornong sold for $525,000, offering three bedrooms and a good-sized block of 998m². Similarly, 15 Creek Street South in Longlea sold for $445,000 — a three-bedroom home on a compact 197m², showing that even the outer edges of the Bendigo market are seeing firm activity.
With working-from-home flexibility now mainstream, interest in these fringe suburbs will likely continue through the spring months.
White Hills, Eaglehawk & Kangaroo Flat: Core Middle Market Strength
Bendigo’s most consistent middle-ring suburbs — including White Hills, Eaglehawk, and Kangaroo Flat — saw a flurry of transactions across both land and established homes.
In White Hills, a neat unit at 4/398 Napier Street sold for $370,000, while a townhouse at 65 Rosalind Street in Bendigo proper fetched $630,000. These sales underscore the investment appeal of the area, with strong yields and capital growth potential attracting both local and out-of-town buyers.
Over in Eaglehawk, the action was steady: 60 Peg Leg Road changed hands for $290,000, while 32 Caldwells Road brought in $590,000 for a classic three-bedroom on nearly 1,000m². These results reflect solid owner-occupier activity mixed with strategic investor purchases.
119A Crusoe Road in Kangaroo Flat (a 1,286m² land block) sold for $270,000, illustrating the continuing appeal of large blocks for custom builds, dual occupancy plans, or long-term hold strategies.
Diverse Buyers & Property Types Continue to Fuel the Market
This week’s sales highlight the diversity of Bendigo’s housing stock — and the equally diverse buyer demand. From prestige townhouses near Rosalind Park to off-grid lifestyle land and compact first-home units, Bendigo’s market remains one of regional Victoria’s most versatile and investable.
It’s also notable that agents from a range of firms — including McKean McGregor, Ray White, Bendigo Ballarat Real Estate, and PH Property — all played a role in the week’s transactions. This suggests a healthy, competitive local marketplace where vendor outcomes depend more on property presentation and pricing than agency brand alone.
Looking Ahead: Stock Shortage Lingers, But Momentum Builds
With spring fast approaching, we expect more listings to hit the market — particularly from vendors who delayed over winter or were waiting for interest rate clarity. That said, high-quality listings are still relatively scarce, which is keeping prices resilient across most suburbs.
Buyers are active and well-informed, but they remain sensitive to overpricing. Homes that are turnkey, on good land, and sensibly priced are still selling fast, often after the first open.
Whether you’re buying, selling, or simply watching the market, the trend is clear: Bendigo remains a balanced market with plenty of upside and long-term stability. It’s a region that continues to reward both lifestyle-focused homeowners and sharp-eyed investors.