As autumn kicks in across regional Victoria, the Bendigo property market continues to show remarkable depth, diversity, and buyer resilience. The week from 16 to 22 March 2025 brought another strong set of sales across the region, with movement across almost every buyer category—from downsizers and investors to high-end lifestyle seekers and heritage home enthusiasts.
With 27 residential properties and two land sales recorded this week, spanning suburbs like Kennington, Golden Square, Junortoun, California Gully, and Bendigo Central, the numbers offer more than just data—they tell a compelling story about buyer confidence, suburb performance, and what’s shaping demand in 2025.
Let’s unpack the major trends and transactions that defined this dynamic week in Bendigo real estate.
1. Bendigo’s Inner-City Brilliance: Period Charm Commands Premium Prices
The city of Bendigo is known for its heritage architecture, and this week, buyers were willing to pay handsomely to secure it. One of the standout transactions was the sale of 76 MacKenzie Street, a stunning four-bedroom Victorian in the heart of Bendigo. Sold by Tim Noonan of Belle Property for $1,507,500, this home exemplifies the continued appetite for properties that blend historical beauty with inner-city convenience.
Not far behind was 151 Don Street, sold by Matt Connolly from Ray White for $720,000. Offering an extraordinary seven bedrooms and five bathrooms, this property on a 1,245m² block highlights how family buyers and developers alike are recognising the long-term value in central locations.
These sales confirm a growing truth in Bendigo real estate—buyers are increasingly willing to stretch their budgets for proximity to the CBD, walkability, and architectural uniqueness.
2. Lifestyle Living Still on the Rise in Junortoun & Strathfieldsaye
The regional shift isn’t slowing down. If anything, this week showed how strong the demand remains for modern family homes on large blocks in semi-rural locations.
Junortoun led the pack with two substantial sales:
- 7 Shetland Road, a striking modern home on 1,913m², sold for $1,325,000 through Vanessa Appleby of McKean McGregor.
- 95 McIvor Forest Drive fetched $880,000, again through Tim Noonan, showing his dominance in both prestige and lifestyle sectors.
Over in Strathfieldsaye, Brad Hinton from PH Property closed the sale of 249 Guys Hill Road for $870,000. Sitting on a massive 2,816m², this property came complete with a pool and multiple garages—an idyllic package for families chasing space and comfort.
Even smaller homes in these suburbs are selling well. 22 Saxby Drive, Strathfieldsaye, sold by Nathan Diss (Property Plus) for $570,801, is proof that entry-level buyers are still active in the fringe lifestyle market.
These sales suggest that lifestyle buyers—often relocating from Melbourne or upgrading within Bendigo—are driving this segment. They’re after land, peace, and contemporary comfort, and they’re willing to pay for it.
3. Kangaroo Flat: Stability, Affordability and Consistency
Kangaroo Flat continues to be a bellwether for Bendigo’s middle-market activity. This week, the suburb saw four sales across various price points, with a clear trend: buyers are still backing this suburb as one that offers strong value, solid homes, and convenience.
- 222 High Street sold for $510,000 through Matt Connolly (Ray White).
- 9A Howell Crescent went for $437,000, also handled by Ray White’s Darcy Quinn.
- 2/2 Guy Court sold for $412,500 through Marc Cox (DCK), reflecting investor interest in neat, low-maintenance units.
- The most budget-friendly was 10/122 Edwards Road, Kennington, which also borders Kangaroo Flat, selling for $395,000 via Jayden Donaldson (McKean McGregor).
Kangaroo Flat continues to hold appeal for both local families and investors looking for reliable rental yields. The range of stock—from brick veneer homes to modest units—offers something for everyone, and price stability is making it a solid performer in a shifting economic landscape.
4. Golden Square: A Quiet Achiever with Broad Appeal
Often considered a sleeper suburb, Golden Square turned heads this week with a mix of affordable and mid-tier sales.
- 5 Belinda Avenue, a five-bedroom home, sold for $575,000 by Darcy Quinn (Ray White).
- 15 Mistletoe Street went for $450,000, also through Quinn, proving demand for entry-level homes remains strong.
- 2 Burn Street, a charming weatherboard home with character, sold for $482,000 through Bawa Singh (Buxton).
What stands out is the consistent buyer activity across price bands. Whether it’s first-home buyers, downsizers, or renovators, Golden Square is cementing its place as a suburb that punches above its weight—central, quiet, and increasingly popular.
5. California Gully and East Bendigo: Reliable and Rising
Affordable, stable, and positioned for growth, suburbs like California Gully and East Bendigo continue to perform.
- 2 Cambridge Court, sold by Jen Wallace (Bendigo Real Estate) for $645,000, offered a contemporary three-bedroom home with strong street presence.
- 68 Gill Avenue, sold by Josie Caruso (PH Property) for $485,000, reflects steady growth in a suburb often overlooked.
- Over in East Bendigo, 130 Murphy Street, a classic three-bedder on 640m², sold for $520,000 via Andrew Murphy (Bendigo Real Estate).
These results reinforce the idea that Bendigo’s inner suburbs are still delivering good value, especially for owner-occupiers wanting liveable homes in well-serviced areas.
6. Kennington & Strathdale: Top End Meets Entry-Level
Two sides of the same coin this week, Kennington and Strathdale showed strength across both ends of the market.
- On the upper end, 212 North Harley Street, Strathdale sold for $730,000 through Amy Sim (McKean McGregor). A leafy, landscaped retreat on 956m², this property had strong family appeal.
Meanwhile, Kennington saw more budget-friendly movement:
- 5 Kate Close sold for $410,000 via Riley McIvor (Professionals).
- 10/122 Edwards Road sold for $395,000 by Jayden Donaldson, offering downsizers and retirees an affordable entry.
This dual-market activity shows that while prestige buyers are still active, there remains a healthy appetite for smaller, manageable homes in tightly held suburbs.
7. Suburbs to Watch: White Hills, Maiden Gully, Flora Hill
Emerging suburbs saw moderate yet confident movement:
- 77 Dundas Street, White Hills – Sold for $505,000 by Matt Gretgrix (Bendigo Real Estate).
- 20 Janelle Drive, Maiden Gully – Sold for $663,500 by Tim Rooke (PH Property), a strong result for a four-bedroom on 803m².
- 8 Margaret Crescent, Flora Hill – Sold for $521,000 by Phil White (Professionals), offering walking-distance access to La Trobe University.
These suburbs offer proximity to schools, parks, and transport corridors, making them increasingly attractive to young families and long-term investors.
8. Rural and Regional Sales Highlight Land Value
Outside the urban core, there were two notable land and rural sales this week:
- Bagshot-Whirrakee Road, Bagshot North – Sold for $480,000 by Patrick Skahill (Elders). Spanning over 108 hectares and featuring airstrip access, it’s a niche but fascinating sale that highlights demand for specialised rural properties.
- 53 Sawmill Road, Huntly – Sold for $280,000 (also by Skahill), this 2,941m² residential land parcel is a smart play for anyone looking to build in a family-friendly growth corridor.
Market Outlook: What These Sales Tell Us
The 16–22 March figures make it clear that buyer activity remains strong across Bendigo. While interest rate pressures are shaping national headlines, regional buyers are still transacting with confidence—especially when it comes to family homes, lifestyle acreage, and well-presented inner-city dwellings.
Key takeaways:
- Central Bendigo’s heritage homes continue to command million-dollar-plus results.
- Lifestyle suburbs like Junortoun and Strathfieldsaye are booming, driven by space-hungry upgraders.
- Golden Square and Kangaroo Flat are providing stability and growth, particularly for buyers around the $450,000–$600,000 range.
- Affordable stock in Kennington and California Gully is moving fast, particularly to downsizers and investors.
- Land sales and niche rural holdings still attract buyers with vision, especially in Huntly and Bagshot North.
Agent Spotlight: Who’s Getting Results in Bendigo
This week, several local agents stood out for their results and reach:
- Tim Noonan (Belle Property) – Delivered standout sales in both heritage and lifestyle markets.
- Amy Sim (McKean McGregor) – Active across mid- to high-end listings in Strathdale and Golden Square.
- Darcy Quinn (Ray White) – Dominated affordable and mid-range listings across Golden Square and Kangaroo Flat.
- Brad Hinton & Tim Rooke (PH Property) – Key players in Strathfieldsaye and Maiden Gully.
- Matt Connolly (Ray White) – A consistent performer in central Bendigo and Kangaroo Flat.
- Andrew Murphy & Jen Wallace (Bendigo Real Estate) – Strong presence in East Bendigo and California Gully.
In Summary: A Balanced, Confident Bendigo Market
This week’s sales activity shows a resilient and balanced Bendigo property market. Whether you’re buying your first home, upsizing to acreage, or considering listing your investment, the data from this week offers one clear message: buyers are active, sellers are achieving solid results, and quality homes are in demand across the board.
Looking to capitalise on this momentum? Get in touch with a local agent who knows your suburb and market inside out. With expert guidance and strategic presentation, now is a great time to make your move in Bendigo real estate.
All sales data referenced from realestate.com.au.