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Bendigo Real Estate Market Update – Week Ending 27 September 2025

The Bendigo property market continues its steady march through the spring season, marked by a healthy number of mid-tier family home sales and a few standout premium listings that crossed the $1.2 million threshold. With both investors and lifestyle buyers in the mix, Bendigo’s appeal remains wide-ranging, drawing attention from across Victoria.

Let’s dive into what unfolded this week across the city and its surrounding pockets.


Flora Hill and Bendigo Central Lead the Top End

Flora Hill emerged as the top performer this week, with 9 Lyndale Court selling for an impressive $1,275,000. This 4-bedroom, 2-bathroom property on over 2,500sqm represents a unique offering in a suburb known for its proximity to La Trobe University and family-friendly streets. Another strong result in the suburb came from 159 Neale Street, which sold for $701,000, showing there’s sustained appetite for quality homes near central Bendigo.

Meanwhile, Bendigo’s city centre delivered a standout with 103 Bridge Street, a 3-bedroom residence on just under 500sqm, closing at $1,250,000. This continues the trend of high-value properties changing hands within the heart of town—likely snapped up by professionals, downsizers or boutique investors seeking a foothold in Bendigo’s most walkable location.


Kennington, Strathdale, and Golden Square Drive Mid-Range Momentum

Kennington had another active week, headlined by 13 Mahon Avenue, which traded for $705,000. Strathdale also continued its reliable performance with 2/5 Teal Court selling for $503,000 and 23 Button Street going for $575,000. These results reflect the suburb’s consistent appeal to young families and retirees alike, offering a good balance between tranquility and proximity to the CBD.

Golden Square kept pace with 26 Wade Street selling for $670,000, reinforcing the area’s growing reputation for value and convenience. A little further north, North Bendigo had a solid week with 17 Frederick Street closing at $556,000, and 9/36 Bayne Street reaching $655,000, showing buyers are comfortable stretching past the $600k mark for modern or well-located homes.


Eaglehawk and California Gully Stay Strong for Affordable Family Buyers

Eaglehawk provided plenty of action in the affordable segment. 3 Edgewater Close sold for $606,500, a solid result for a modern 3-bedroom home, while Lots 2 & 3/24 Manderson Street traded for just $250,000, highlighting the demand for development-ready land or basic homes on large blocks.

Meanwhile, 4 Margaret Court in California Gully sold for $601,000, proving that the suburb’s affordability continues to appeal to buyers priced out of other markets. These areas remain attractive to investors and first-home buyers who want land, access to services, and strong rental yields.


Maiden Gully, Huntly, and Kangaroo Flat Provide Lifestyle Variety

Maiden Gully made headlines again this week with 9A Settlers Place selling for $808,000. Set on a generous 1,500sqm block, it’s a clear example of the kind of semi-rural luxury that continues to attract families looking for more space and privacy just minutes from town.

In Huntly, 46 Caviar Court fetched $665,000 for a 4-bedroom home—competitive pricing for a growing area known for its new estates and family appeal. Kangaroo Flat stayed active as well, with 17 Magellan Crescent achieving $685,000 and a smaller land parcel at 21 Ashbourne Way selling for $287,500, pointing to continued investor activity and future build potential.


West Bendigo, Wellsford, and Eppalock Tap Into Land and Space

For buyers chasing more space or acreage, this week offered strong opportunities. 82 Marong Road in West Bendigo sold for $685,000, a well-positioned 4-bedroom home on 1,214sqm. In Wellsford, a 4.45-hectare lifestyle block at 218 Yankee Creek reached $610,000, offering plenty of land for a rural-style escape while still within commuting distance to the city centre.

Over in Eppalock, a large 9.38-hectare block at 7A Madigan Road sold for $495,000, confirming that there’s still strong demand for residential land with long-term upside, particularly among tree changers and buyers seeking long-term investment potential.


Bendigo CBD and Surrounds Show Resilience in Smaller Formats

Even with the big-ticket sales grabbing headlines, smaller properties and units also performed well this week. 2/5 Teal Court in Strathdale and 8/107 St Killian Street in White Hills sold for $503,000 and $441,986 respectively, showing that well-positioned units remain in high demand. 2 Kahland Street, a 3-bedroom home in Bendigo proper, sold for $415,000, offering an entry point just a stone’s throw from the CBD.

These lower-priced sales reflect investor confidence in the Bendigo rental market and ongoing demand from downsizers and first-home buyers alike.


Summary

Bendigo’s market performance this week reinforces its dual appeal: strong lifestyle properties over $1 million, and a well-supported mid-range market catering to growing families, upsizers, and downsizers alike. From the inner streets of Bendigo to the outer reaches of Maiden Gully, Eaglehawk, and Wellsford, buyers remain active across the board.

The region’s versatility continues to draw attention, with multiple sales between $600k–$700k showing buyer confidence in Bendigo’s housing market—even amid ongoing interest rate caution. As we edge deeper into spring, listings are expected to increase, but the balance of supply and demand currently favours vendors in most cases.

All signs point to a stable, healthy market with room for further movement—especially in the land, lifestyle, and new estate segments that have come to define Bendigo’s post-COVID growth.

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