Diverse Demand, Dynamic Results Across Bendigo and Surrounds
As we approach the end of the first quarter of 2025, the Bendigo property market remains firmly on the radar of buyers and investors alike. From historic inner-city addresses to lifestyle acreage in the outer fringe, this past week’s sales activity (24–30 March) reflects the region’s ongoing market confidence and appeal across a wide range of demographics.
While the national conversation continues to circle around interest rate movements and affordability, Bendigo buyers are showing no signs of hesitation—particularly for properties offering strong lifestyle value, development upside, or ready-to-go appeal. A total of 16 sales across suburbs such as Golden Square, East Bendigo, Strathfieldsaye, Junortoun, Kennington, and White Hills paint a clear picture: Bendigo’s market is versatile, competitive and still offering growth.
Let’s unpack this week’s standout results, suburb performance and agent highlights.
Golden Square Stands Tall: Renovators, Families and Character Lovers All In
Golden Square once again proved its popularity, chalking up multiple sales across different buyer profiles. At the top end, Grant Hosking of Stockdale & Leggo – Bendigo successfully negotiated the sale of 411 High Street for $800,000. A substantial six-bedroom, two-bathroom home on a generous 1,012m² allotment, this sale is a strong signal that well-located family homes with future potential are commanding solid interest.
Also in Golden Square, Tim Rooke from PH Property wrapped up the sale of 25 Symonds Street for $680,000—a four-bedroom, two-bathroom home with double garage on 608m². This sits neatly in the suburb’s increasingly competitive mid-range market, where family buyers are chasing value and location.
Golden Square has long held broad appeal, but this week’s results reinforce its growing reputation as a versatile performer—whether you’re seeking a character home, development opportunity or low-maintenance family base.
Strathfieldsaye & Junortoun: Acreage and Lifestyle Still in Hot Demand
Lifestyle properties continue to headline buyer wishlists, and this week, Strathfieldsaye led the way with a strong rural-residential result. Cameron Rogister of Bendigo Ballarat Real Estate sold 262 Turners Road for $740,000. Set on an expansive 2.43 hectares, the four-bedroom home with three-car garage is an ideal fit for lifestyle seekers or hobby farmers wanting space within proximity to the city.
In neighbouring Junortoun, Josie Caruso of PH Property brought 17 Atlas Road to market—a two-bedroom home with four-car garage on 807m²—and achieved $500,000 on 28 March. A compact home with excellent shedding and room to expand, this property appealed to downsizers and first-time acreage buyers looking to get a foot into the lifestyle bracket.
Together, these sales reaffirm that outer fringe suburbs like Strathfieldsaye and Junortoun continue to deliver strong value and interest, particularly for those prioritising land, flexibility and semi-rural living.
East Bendigo Offers Both Entry and Upside
East Bendigo saw movement across different ends of the spectrum this week, led by Amy Sim of McKean McGregor, who sold 38A Strickland Road for $520,000. With three bedrooms and a tidy 581m² block, this property offered ideal appeal for owner-occupiers looking to stay close to central Bendigo while still enjoying suburban quiet.
Also noteworthy was the residential land sale at 16 Dixons Road, handled by Bawa Singh of Buxton Bendigo. Selling for $400,000, this 5,036m² parcel represents a growing demand for boutique development blocks or future custom builds in an area increasingly attracting attention from small-scale developers and owner-builders.
The takeaway from East Bendigo this week? It’s a hybrid market, offering both established homes and land opportunities—attracting a diverse buyer base from investors to builders to renovators.
California Gully: Steady Demand and Affordable Growth
California Gully continues to show it’s not just an affordable alternative but a suburb with genuine upside.
Adrian Robinson of Belle Property sold 7 Louden Street for $600,000—a spacious four-bedroom home on a 1,212m² block with four-car garaging. This sale price puts California Gully comfortably in mid-range territory and signals a shift in buyer perception—what was once a budget-only suburb is increasingly being seen as a place to grow into.
Earlier in the week, Andrew Murphy of Bendigo Ballarat Real Estate finalised the sale of 3 Meggs Court for $375,000. This two-bedroom home reflects demand from both entry-level buyers and investors, where value-for-money and rental return are front of mind.
The California Gully market is clearly broadening. Buyers are recognising it as a suburb with potential, where large blocks and proximity to the CBD continue to attract attention.
Kennington & White Hills Remain Sought After by Families and Professionals
The Kennington market was also active this week, with Matt Connolly of Ray White selling 30 Skene Street for $660,000. With seven bedrooms and three bathrooms on a 365m² block, this sale demonstrates the strength of multi-family demand or rental investment strategy in a suburb that remains close to schools, shopping and transport.
Meanwhile, Tim Noonan of Belle Property recorded a result in White Hills, selling 83 Dundas Street for $670,000. This four-bedroom, two-bathroom home on 494m² continues the trend of well-presented homes in established suburbs achieving strong results.
With their access to parks, schools and the Bendigo Botanic Gardens, Kennington and White Hills remain perennially popular with families and professionals alike. Expect to see continued demand here, especially for updated homes and low-maintenance living.
Ironbark and Long Gully: First-Home Buyer Favourites
Affordability continues to attract buyers into Bendigo’s fringe inner-north. This week:
- 67 Eaglehawk Road, Ironbark sold for $285,000, with Simon Dean of PH Property leading the transaction. This three-bedroom, one-bathroom home on 629m² is a classic entry-level buy—potentially for a renovator or rental portfolio addition.
- 33 Black Street, Long Gully, sold by Ella Douch of Ray White, achieved $486,000. A three-bedroom home with two-car parking on 574m², this represents excellent value in a suburb on the rise.
These suburbs continue to cater to first-home buyers and smart investors, particularly those looking for solid properties on generous blocks close to the CBD.
Kangaroo Flat Holding Ground
Two notable sales in Kangaroo Flat this week show steady demand in this reliable market:
- 9 Elizabeth Street, sold for $505,000 by Nathan Diss (Property Plus), was a compact three-bedroom on 379m², catering to the downsizer market.
- 20A Browning Street, a three-bedroom home, sold for $499,000 via Danny Clarke from Professionals.
With its access to Lansell Square, Kangaroo Flat train station and growing retail precinct, this suburb continues to be a mid-range performer, consistently appealing to buyers seeking suburban convenience without city pricing.
Axedale’s Prestige Lifestyle Property Tops the Week
The highest value sale of the week came courtesy of Drew Stratton from McKean McGregor, who oversaw the transaction of 581 Brownes Lane, Axedale, for a significant $1,750,000.
Set on a vast 78.91-hectare parcel, this lifestyle property speaks to the upper-tier demand for rural acreage around Bendigo. Buyers seeking seclusion, landholding value, or agribusiness opportunity continue to keep lifestyle sales like this highly competitive.
Suburb Performance Summary: Week Ending 30 March 2025
| Suburb | Notable Sale Price Range | Buyer Type | Standout Agent |
|---|---|---|---|
| Golden Square | $680,000–$800,000 | Families, Upsizers | Grant Hosking, Tim Rooke |
| Strathfieldsaye | $740,000 | Lifestyle, Families | Cameron Rogister |
| Junortoun | $500,000 | Downsizers, Treechangers | Josie Caruso |
| East Bendigo | $400,000–$520,000 | Investors, Owner-occupiers | Amy Sim, Bawa Singh |
| California Gully | $375,000–$600,000 | First-home, Investors | Adrian Robinson, Andrew Murphy |
| Kennington | $660,000 | Multigenerational, Investors | Matt Connolly |
| White Hills | $670,000 | Families, Professionals | Tim Noonan |
| Axedale | $1,750,000 | Lifestyle, Rural | Drew Stratton |
Market Insight: What This Week Tells Us
- Buyer confidence remains high, particularly for lifestyle acreage and well-located family homes.
- First-home and investor activity continues to support growth in suburbs like Long Gully, Ironbark and California Gully.
- Golden Square and East Bendigo are trending upward in buyer favour, with competitive sales and wide appeal.
- Regional lifestyle properties like Axedale continue to attract high-end buyers seeking space and future value.
Looking Ahead: Bendigo Market Still Full of Opportunity
The final week of March has underlined a key truth about Bendigo’s property landscape: it’s not one-size-fits-all. There’s strength across every tier, from sub-$300,000 renovators to multimillion-dollar lifestyle estates. And perhaps more importantly, the consistency of buyer demand is helping to keep prices steady while giving sellers confidence to come to market.
Whether you’re considering your first investment, upsizing for the family, or chasing acreage on the edge of town, now is a great time to make your move—armed with local knowledge and the right agent.
Want to feature your agency’s results in next week’s report? Reach out today.
all sales data from realestate.com.au