FOR SALE
$695,000 - $740,000

41 Drought Street
Bendigo VIC 3550

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Land area: 534m2
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A Stone's Throw from the Bendigo Hospital

Situated less than a block from the Bendigo Hospital, this spacious three bedroom home currently earns approximately $650pw as a mid-term rental. Alongside its enviable location, this property also boasts original period features and a four-car garage.
- Versatile living areas with a spacious family room
- Cosy formal lounge includes stunning mahogany fireplace
- French doors open to alfresco area and sunny courtyard
- Well-equipped kitchen with a breakfast bar option
- Renovated main bathroom with a second shower and toilet
- Four-car garage offers ample parking and workshop space
- Timeless master boasts decorative cornices and bay windows
- Ducted heating and cooling with an additional split system
- Elegantly preserved with original features throughout
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Property Details for 41 Drought St, Bendigo

41 Drought St, Bendigo is a 3 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 534m2. The place is currently for sale with McGrath Bendigo.

Building Type
House
Land Size
534m2

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About Bendigo 3550

The size of Bendigo is approximately 5.5 square kilometres. It has 8 parks covering nearly 8.8% of total area. The population of Bendigo in 2011 was 5,774 people. By 2016 the population was 5,534 showing a population decline of 4.2% in the area during that time. The predominant age group in Bendigo is 20-29 years. Households in Bendigo are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bendigo work in a professional occupation. In 2011, 54% of the homes in Bendigo were owner-occupied compared with 53.7% in 2016.

Bendigo has 5,106 properties. Over the last 5 years, Houses in Bendigo have seen a 38.78% increase in median value, while Units have seen a 66.42% increase. As at 30 September 2024:

  • The median value for Houses in Bendigo is $550,901 while the median value for Units is $427,929.
  • Houses have a median rent of $460 while Units have a median rent of $435.
There are currently 43 properties listed for sale, and 13 properties listed for rent in Bendigo on OnTheHouse. According to CoreLogic's data, 162 properties were sold in the past 12 months in Bendigo.

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Jesse Forbes
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Alanna Heriban
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McGrath Bendigo
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