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Bendigo Property Market Update – Week Ending 5 October 2025

The Bendigo property market continued to display solid momentum this past week, with a broad range of homes changing hands across key suburbs including Ascot, Kennington, White Hills, East Bendigo, Kangaroo Flat and Strathfieldsaye. While we didn’t see as many prestige or multi-million-dollar sales this week as previous periods, the market remained active, particularly in the mid-range bracket between $600,000 and $800,000. Whether it’s young families upsizing, downsizers trading into townhouses, or investors seizing on regional growth, the appetite for property in Bendigo shows no signs of easing.

Let’s break down the activity across the city.

Ascot and White Hills: Strength in Family-Sized Homes

One of the standout sales this week came from 22 Galloway Street, Ascot, which sold for $705,000. This modern four-bedroom, two-bathroom home on 608sqm reflects the growing demand in Ascot for homes that offer both comfort and practicality. Similarly, 94 Taylor Street, Ascot also fetched $800,000, thanks to its spacious block size (1,846sqm) and additional garaging space, making it ideal for growing families or tradies seeking extra room.

White Hills also saw strong results, led by 9 Kennewell Street achieving $870,000. With four bedrooms, two bathrooms, and parking for four cars on over 2,800sqm, this sale reinforces White Hills’ growing prestige as a lifestyle suburb with excellent access to the CBD. Other White Hills results include 1/49 Raglan Street at $595,000, and a compact unit at 2/108 Mundy Street, which sold for $390,000 — showing that both ends of the market are moving.

Kennington Continues Its Upward Trajectory

Kennington had an active week, with multiple sales demonstrating the suburb’s ongoing appeal. 27 Condon Street sold for $740,000, while 47 Condon Street changed hands at $620,000, both offering three to four bedrooms and central positioning. Meanwhile, 1/4 Vincent Drive, a quality four-bedroom home, achieved a solid $740,000, highlighting consistent buyer confidence in Kennington’s school zones, parklands, and shopping access.

Quarry Hill also chipped in with strength, with 7 Bentley Terrace reaching $780,000 and 103 Carpenter Street delivering $755,000 on a full 1,000sqm allotment — reflecting a premium for land size in heritage-rich areas close to town.

Kangaroo Flat and Strathfieldsaye: Still Going Strong

In Kangaroo Flat, newer and older homes alike continue to move swiftly. The standout was 6 Ashbourne Way, which sold for $725,000 — a strong result for a four-bedroom, two-bathroom home with 517sqm. 8 Archer Street also performed well at $660,000, reinforcing that Kangaroo Flat remains a popular choice for families thanks to its amenities, transport links, and lifestyle appeal.

Strathfieldsaye took the week’s top spot with 8 Imagine Drive selling for an impressive $1,025,000. This high-end family home with four bedrooms, two bathrooms, and dual living zones on 578sqm continues the upward momentum we’ve seen in Strathfieldsaye, where demand outpaces supply for larger, modern homes with lifestyle inclusions.

East Bendigo, Huntly and Epsom: Mid-High Bracket Movement

East Bendigo saw 7 Johnstone Street sell for $650,000 — another sign that this centrally located suburb is drawing attention from both investors and owner-occupiers. 1 Fox Street added a five-bedroom sale to the mix at $506,500, showing that larger family homes remain attainable in this part of town.

Huntly also recorded two strong sales: 74 Greene Street at $690,000 and 11 Jenolian Street at $672,500. These results show the continued desirability of the north-eastern growth corridor, where buyers can access newer builds with more generous proportions without straying too far from the CBD.

Epsom had a bumper result with 7A Melbury Court reaching $940,000 — a figure that reflects the premium being placed on larger lots and multi-car garaging. 5 Santarosa Way also sold for a solid $775,000, consistent with the upward pressure on well-finished four-bedroom homes.

Junortoun and Ravenswood: Prestige Lifestyle Sales

Junortoun saw 86 McIvor Forest Drive change hands for $820,000, highlighting its reputation as a family-friendly suburb with large blocks and natural surrounds. In Ravenswood, a semi-rural estate at 52 Belvoir Park Road fetched $970,000, underlining demand for lifestyle properties with room to move and long-term investment potential.

Tarnagulla also entered the mix this week, with a 16.19-hectare property at 29 Douthat Lane selling for $800,000. That’s a strong regional lifestyle result and a reminder that rural properties are still commanding attention from buyers priced out of metropolitan areas.

Market Wrap-Up: Stability, Confidence, and Broad-Based Demand

Across the board, the Bendigo market remains stable, with no signs of a downturn. The mid-to-upper $600K to $800K range remains the sweet spot, though it’s clear that homes above $1M are still moving in prestige pockets like Strathfieldsaye, Ravenswood, and selected areas of Epsom and Junortoun.

Entry-level properties under $500,000 are harder to find, but not impossible. This week, 3A High Street in Kangaroo Flat sold for $470,000, and 94 Hargreaves Street in central Bendigo sold for $475,000 — highlighting the continued interest in affordable, well-located homes.

Buyers appear to be prioritising quality construction, location, and lot size, while investors remain on the lookout for rental-ready stock that can deliver immediate returns. With interest rates holding steady and regional migration maintaining pace, we expect activity to remain strong through the rest of October.

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