The Bendigo real estate market surged ahead this past week, with a mix of prestige sales, investment-friendly properties, and strong regional family home activity making headlines across the city and surrounding suburbs. From Strathdale to North Bendigo, Huntly to Flora Hill, both agents and sellers experienced solid results amid rising buyer interest heading into late spring.
With 25+ significant transactions reported across the week, the momentum in Bendigo continues to reflect buyer confidence and growing demand for lifestyle and rental yield potential. Properties ranged from multimillion-dollar central homes to compact investment units, illustrating the versatility of the market in the current climate.
Strathdale & Strathfieldsaye: Prestige Dominates the East
The standout sale of the week belonged to 2 Elwood Drive, Strathdale, which achieved an exceptional $1,560,000. The four-bedroom residence on 825m² marked one of the top residential results in the city this year, signaling strong demand for high-spec homes in premium locations close to schools, parks, and Kennington Reservoir. Strathdale continues to cement its place as a go-to for executive-level living.
Over in Strathfieldsaye, a well-appointed three-bedroom home at 17 Bradfield Loop fetched $590,000, showcasing how even entry- and mid-tier stock in this suburb remains competitive. Buyers are increasingly drawn to the balance of lifestyle appeal and proximity to Bendigo CBD.
North Bendigo: Quietly Powerful Performer
North Bendigo delivered one of the more unique sales of the week, with 13 Grattan Street — a block of 11 units — selling for $1,700,000. This sale highlights growing interest in multi-unit investments, particularly in walkable locations close to the hospital precinct and La Trobe University. It also reflects continued rental demand in the area.
Other North Bendigo sales include 197 Arnold Street at $460,000, a solid result for a three-bedroom dwelling on 535m², and 3/38 Bannister Street, a compact three-bedroom townhouse that sold for $620,000. The suburb remains a dependable performer for both owner-occupiers and investors alike.
Central Bendigo: Character Homes & Inner-City Value
Central Bendigo saw consistent high-level results this week. 244 Queen Street fetched $871,000, reflecting the premium that buyers are willing to pay for classic homes with inner-city access. Meanwhile, 175 Forest Street changed hands for $880,000, and 192 Don Street reached $765,000, both showing strong appeal for larger blocks and quality renovations.
At the higher end of the spectrum, 104 Short Street commanded $1,400,000 for a three-bedroom home on a smaller 342m² block, indicating that position and presentation are outweighing land size in some premium pockets.
The lower end of the market also delivered for buyers. 216 Don Street sold for $525,000, and a two-bedroom townhouse at 13/83–87 Arnold Street went for $470,000, offering entry-level investors immediate rental return with minimal upkeep.
Flora Hill: Family Favourite Still Rising
Flora Hill remained a hot spot for family buyers and those seeking proximity to the university. Two four-bedroom homes, 23 Towers Street and 17 Hesse Avenue, sold for $735,000 and $730,000 respectively. These prices confirm that the suburb remains a strong mid-range contender, with steady demand for upgraded brick homes on manageable blocks. Excellent school zoning and walkability to La Trobe are keeping interest levels high.
Spring Gully, Golden Square & Kangaroo Flat: Mid-Market Holding Firm
Neighbouring lifestyle suburbs also fared well. 18 Bronwyn Court, Spring Gully, achieved $810,000 for a four-bedroom, two-bathroom home — a strong price that reflects the suburb’s leafy charm and strong community feel. In Golden Square, 18 Hollow Street fetched $610,000, aligning with recent price growth in the area, which continues to attract both upsizers and downsizers.
Further south in Kangaroo Flat, a four-bedroom home at 11 Grantham Terrace sold for $715,000, proving that family buyers are still keen to secure generous land sizes in accessible, amenity-rich suburbs.
Huntly & Epsom: Growth Corridors on the Move
In Bendigo’s north, the growth corridors showed continued strength. 185 Waratah Road, Huntly, sold for $722,000, and 7 O’Neill Court, Epsom, reached $765,100 — both impressive results for relatively new homes in developing estates. With new infrastructure, retail centres, and schools continuing to emerge in these areas, buyers are increasingly looking north for affordability and lifestyle appeal.
Investment Opportunities: Multi-Unit & Townhouse Activity
Aside from the standout block-of-units deal in North Bendigo, other properties suggest a rise in multi-dwelling interest. For instance, the sale of 13/83–87 Arnold Street at $470,000, and the modern townhouse at 3/38 Bannister Street for $620,000, reflect a growing segment of buyers prioritising rental yield, low maintenance, and proximity to the CBD.
Additionally, several homes with dual-living or multiple car spaces — such as 9 McIvor Road with four car spaces at $595,000, and 40 Honeysuckle Street at $925,000 — suggest a trend towards properties that offer added flexibility for either multigenerational living or secondary income opportunities.
Market Outlook
With a broad spread of sales across the $500,000 to $900,000 range — and a handful of standout million-dollar-plus transactions — Bendigo continues to deliver variety and strength. While affordability and lifestyle remain key drivers, there is growing confidence from investors and downsizers as well.
Notably, blocks of units, townhouses, and central homes with smaller footprints are now attracting figures that would have been unthinkable just two years ago. As interest rates stabilise and buyer sentiment continues to shift positively, the coming weeks leading into November could see an even more competitive spring market across the region.
Sellers are advised to act while demand remains elevated, particularly for well-maintained homes in sought-after locations. Buyers, meanwhile, would be wise to move swiftly as pricing pressure edges upward in most suburbs.