FOR SALE
$695,000 to $730,000

26 Kendall Street
Spring Gully VIC 3550

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3292m2
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Outstanding 3,292m2 block in beautiful Spring Gully - potential for childcare centre

- This lovely block is ready to build on and is situated in a blue chip locale in the highly desirable suburb of Spring Gully, only a few minutes to the central Bendigo CBD - there are beautiful new nearby and there is is plenty to be excited about at this prime locale
- This particular site would be ideal for a new childcare centre, within walking distance there is the highly regarded Spring Gully Primary School
- The site has a nominated building envelope of 31.40 metres x 32.70 metres plus drive way amounting to 1,317m2. A buyer could request from City of Bendigo an amendment to the building envelope to say 40% of total site ie 1,316m2 to facilitate a child care centre (STCA)
- The allotment is 3,292m2 (exceeds 3/4 of an acre) and this lovely block is located in a very picturesque area of Spring Gully. It is a rare opportunity to secure a fabulous block of this size for your home in this blue chip area of Spring Gully
- The block is titled and ready to build on, all services are available to the block ie natural gas, power, town water and sewer
- The block is fenced on all sides saving the new home builder a huge cost, a majority of the fencing is new colorbond fencing
- Beautiful Spring Gully - Bendigo's boutique suburb regarded highly by all and only a few minutes drive to the CBD, train station, La Trobe University, Market Place shopping centre, medical and all amenities
- Ideal rural setting with a nice outlook for establishing your home (There is no time requirement to build on the block). The site could accommodate an amazing home with ample space for significant shedding or other pursuits a family might wish to undertake on the land
- Close to all amenities - only 4.6 km to the Bendigo CBD. An allotment of this size and as close to the CBD is extremely rare to find
- The block being 3/4 of an acre is realistically priced for the Spring Gully area. You only have to visit realestate.com.au to see blocks of approximately 1/4 acre priced at $450,000 to $540,000 in this area
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Property Details for 26 Kendall St, Spring Gully

Building Type
Land
Land Size
3292m2

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About Spring Gully 3550

The size of Spring Gully is approximately 7.8 square kilometres. It has 17 parks covering nearly 38.7% of total area. The population of Spring Gully in 2011 was 2,983 people. By 2016 the population was 2,994 showing a population growth of 0.4% in the area during that time. The predominant age group in Spring Gully is 50-59 years. Households in Spring Gully are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Spring Gully work in a professional occupation. In 2011, 73.8% of the homes in Spring Gully were owner-occupied compared with 73% in 2016.

Spring Gully has 1,653 properties. Over the last 5 years, Houses in Spring Gully have seen a 41.80% increase in median value, while Units have seen a 35.55% increase. As at 31 October 2024:

  • The median value for Houses in Spring Gully is $606,469 while the median value for Units is $358,033.
  • Houses have a median rent of $470 while Units have a median rent of $430.
There are currently 7 properties listed for sale, and 1 property listed for rent in Spring gully on OnTheHouse. According to CoreLogic's data, 66 properties were sold in the past 12 months in Spring gully.

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Gavin Butler
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