Bendigo Real Estate Market Wrap: Week Ending 10 May 2025
Data sourced from realestate.com.au
As we move deeper into May, Bendigo’s property market continues to show stability, with consistent buyer activity recorded across a broad range of suburbs and property types. While this week delivered fewer sales than earlier weeks, the market demonstrated resilience, particularly in established family suburbs and fringe lifestyle locations.
From affordable homes in Eaglehawk to mid-range properties in Quarry Hill and East Bendigo, buyers showed they remain motivated when the right opportunities come to market. With a mix of residential homes, townhouses, and lifestyle land, this week’s results reflect Bendigo’s ongoing market diversity.
Ascot Leads with a Strong Family Home Result
The highest sale of the week came from Ascot, where Cameron Rogister of Bendigo Ballarat Real Estate sold 18 Limousin Court for $650,000. This four-bedroom, two-bathroom home on a generous 749 square metre block attracted attention from families looking for space, modern living, and close proximity to schools and shops. Ascot continues to perform well in the mid-range market, offering buyers a balance of convenience and lifestyle appeal.
East Bendigo and Quarry Hill Maintain Consistent Demand
East Bendigo saw two sales this week, further confirming its appeal to buyers seeking established homes on larger blocks. Jayden Donaldson of McKean McGregor Real Estate sold 7 Harpin Place for $595,000, a three-bedroom home on 850 square metres. Earlier in the week, Cameron Rogister also closed the sale of 12 Amber Court for $555,000, a tidy three-bedroom home perfect for young families or investors.
Meanwhile, Amy Sim of McKean McGregor Real Estate achieved $625,000 for 30 Breen Street, Quarry Hill. This three-bedroom home, located just minutes from Bendigo’s CBD, continues to showcase why Quarry Hill remains one of the city’s most sought-after inner suburbs.
Strathfieldsaye and Flora Hill Attract Diverse Buyers
In Strathfieldsaye, Tim Noonan of Belle Property Bendigo sold 1 Bassett Drive for $532,500, a two-bedroom home on a low-maintenance 391 square metre block. This sale highlights the suburb’s versatility, attracting both downsizers and small families seeking a quiet community environment.
Over in Flora Hill, Matt Leonard of Buxton Bendigo managed the sale of 3 Heartbreak Lane for $515,000. This two-bedroom, two-bathroom townhouse attracted attention from first-home buyers and investors looking for low-maintenance living close to La Trobe University and public transport.
Kennington Holds Its Place as a Reliable Inner Suburban Market
Kennington continued to deliver steady results this week with 104 Mundy Street selling for $530,000. Cameron Rogister handled the sale, which featured a three-bedroom home on a sizeable 673 square metre block. Kennington’s consistent buyer demand remains driven by its proximity to local schools, shopping precincts, and Bendigo’s CBD.
Maiden Gully and Eaglehawk Deliver Affordable Opportunities
Land sales remain active in Bendigo’s outer suburbs, with Bawa Singh of Buxton Bendigo selling Lot 6, 238 Maiden Gully Road for $505,000. Offering over 4,000 square metres, this lifestyle block provides an ideal foundation for buyers seeking space to build their dream home in a growing lifestyle corridor.
In Eaglehawk, Ella Douch of Ray White Bendigo achieved $310,000 for 16 Reserve Street, a two-bedroom home on a 581 square metre block. This affordable sale demonstrates that budget-conscious buyers remain engaged in the market, particularly in suburbs with strong community infrastructure and transport links.
Market Insight
This week’s results show that despite a slightly lower sales volume, buyer activity remains widespread across all market segments. Family homes in the $500,000 to $650,000 range continue to perform well, particularly in suburbs like Ascot, East Bendigo, and Quarry Hill. Affordable homes and units under $400,000 are also moving steadily, ensuring that first-home buyers and investors are still finding value in the Bendigo region.
Outlook for Mid-May and Beyond
As the colder months settle in, listing activity may begin to slow slightly. However, Bendigo’s underlying buyer demand remains strong, particularly for well-presented homes in established suburbs. Sellers with properties ready to market can still expect solid enquiry and competitive offers, especially if they price their homes in line with current market conditions.
Whether you are buying, selling or investing, Bendigo continues to offer opportunities across all brackets. From lifestyle land in Maiden Gully to inner-suburban homes in Quarry Hill and Kennington, the market remains active and accessible.
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All sales data sourced from realestate.com.au