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Bendigo Property Market Wrap – Week Ending 21 September 2025

The Bendigo property market maintained strong momentum this week with a diverse mix of high-end family homes, large blocks, investment-grade units, and residential land all moving across the city and surrounding suburbs. Transaction volumes remained consistent, with over 20 notable sales recorded across Junortoun, East Bendigo, Kennington, Golden Square, Kangaroo Flat, Flora Hill, Strathfieldsaye, and more.

Spring has truly taken hold in Bendigo, and the increased sunlight is being matched by rising buyer energy. Confidence is clearly on the rise, and this week’s results show that both upsizers and investors are moving decisively, especially in suburbs offering land, flexibility, and location advantages.


Top-End Suburbs: Junortoun, Kennington, and Strathfieldsaye Lead the Charge

Junortoun delivered strong results again this week, underlining its continued popularity with families looking for lifestyle properties close to Bendigo’s core. 50 McIvor Forest Drive sold for $805,000, a solid result for a four-bedroom home on a generous 1,020m² block. The area’s space, tranquillity, and modern homes continue to attract a premium.

In neighbouring Strathfieldsaye, 321 Guys Hill Road commanded a powerful $1,100,000. With five bedrooms, three bathrooms, and space for seven cars on nearly half an acre (1,900m²), it reflected Bendigo’s appeal to buyers wanting room to grow without sacrificing urban convenience.

Over in Kennington, 51 Mill Street changed hands for $1,300,000. With six bedrooms, four bathrooms, and 1,294m² of land, it was one of the most significant residential sales in Bendigo this month. This property showcases the high-end demand in Kennington — a suburb that continues to attract professional families and downsizers wanting location, elevation, and proximity to Lake Weeroona.


East Bendigo Shows Strength with Large Family Blocks

Two solid sales in East Bendigo show that buyers continue to see strong value in this well-located, expanding suburb. 73a Powells Avenue, a six-bedroom home on 1,462m², sold for $715,000 — an excellent result considering the scale and versatility of the offering. Meanwhile, 108 Casey Street changed hands for $640,000, showing that renovated or well-kept three-bedroom homes on larger blocks still fetch strong interest.

The combination of proximity to schools, industrial hubs, and low stock levels continues to drive up competition in East Bendigo.


Golden Square: Broad Appeal, Consistent Results

Golden Square saw multiple sales this week that again demonstrated its consistency as one of Bendigo’s most reliable performers. 251 High Street, a four-bedroom, two-bathroom home on 828m², sold for $475,000 — a strong mid-range result. 3/28B Balmoral Drive, a well-maintained three-bedroom home, achieved $600,000, highlighting the rising demand for low-maintenance, move-in-ready properties in this tightly held area.

Golden Square’s continued development, strong rental demand, and central location keep it firmly on buyers’ radars.


Kangaroo Flat: Affordable and Attractive

Kangaroo Flat remains a popular choice for both first-home buyers and downsizers. This week, 14 High Street, a four-bedroom home on a spacious 1,100m² block, sold for $575,000, while 9 Guthrie Street achieved $482,500. Both homes offered excellent value and flexible living — key drivers of demand in this growth suburb.

The continued investment in retail infrastructure, transport connectivity, and schools makes Kangaroo Flat one of the most accessible suburbs for buyers on a mid-range budget.


Flora Hill, Strathdale & Spring Gully: Quiet Suburbs with Strong Appeal

The inner southern suburbs showed good momentum again this week. In Flora Hill, 12 Ewing Court sold for $590,000, thanks to its large 1,104m² block and desirable location near La Trobe University. 3/6 Park Street in Strathdale, a three-bedroom unit, fetched $485,000 — showing that strata properties in premium leafy locations still demand solid prices.

In Spring Gully, 143/33 Mandurang Road was sold for $384,500. This smaller two-bedroom property reflects increasing activity in this quiet, nature-bound suburb among downsizers and those entering the market.


North Bendigo and Eaglehawk See More Movement

North Bendigo continues to turn over stock at a healthy rate. 73 Smith Street sold for $613,000, supported by a solid block size of 891m² and family-oriented layout. Its strong result confirms this suburb’s growing desirability due to proximity to the hospital precinct and Lake Weeroona.

Meanwhile, in Eaglehawk, 17 Leslie Street moved for $586,000 — another strong sale in a suburb that continues to attract buyers looking for value and a sense of community.


Standalone Central Bendigo Sales Maintain Momentum

Bendigo CBD itself saw two significant sales this week. 136 Rowan Street, a four-bedroom, four-car garage residence, sold for $965,000, while 8 Palmerston Street, a two-bedroom home on a generous 531m², fetched $885,000. These sales demonstrate that the inner-city market remains active, with buyers drawn to the heritage charm and unbeatable walkability of Central Bendigo.


Huntly and Bagshot: Rural Options Remain in Demand

Rural living is still firmly on the wishlist for many. 11 Cameron Court in Huntly sold for $770,000 — an excellent price for a four-bedroom home on a full acre (4,048m²). At the more affordable end of the market, 23 Heysen Way in Bagshot, a 216m² residential block, sold for $90,000, highlighting demand for entry-level land across Greater Bendigo.


Outlook

Across the board, Bendigo’s property market continues to deliver robust, suburb-wide activity. From $90,000 residential land to $1.3 million prestige homes, the week’s sales show a healthy breadth of demand across buyer categories.

Vendors considering a spring listing should act now, while momentum is on their side and competition remains high. Meanwhile, buyers are being increasingly selective — gravitating toward properties that are well-presented, fairly priced, and in established locations.

As spring progresses, expect ongoing strength in lifestyle-focused outer suburbs like Junortoun and Strathfieldsaye, while the inner-south corridor and Golden Square will continue to see tight buyer competition.

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