119 Wills Street, Bendigo, VIC 3550 | Property Value & History | OnTheHouse
OFF MARKET

119 Wills Street
Bendigo VIC 3550

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 130m2
Land area: 546m2
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Property Details for 119 Wills St, Bendigo

Building Type
Commercial
Floor Size
130m2
Land Size
546m2
Local Government
Greater Bendigo
Lot/Plan
1/TP745393

Last Listing description (November 2021)

The freehold property at 119 Wills Street, Bendigo, is located in a high traffic area on the fringe of the Bendigo CBD. The property is zoned Commercial 1 and is leased to a highly regarded boutique confectionery business.

The property enjoys a flexible floorplan, including four office/consulting rooms, toilet/shower, kitchen, and a fully self-contained detached office.

Overview:

High exposure site
Freehold property For Sale only
Commercial 1 zoning
Tightly held Wills Street, Bendigo location
Building in very good condition
Easily converted to a residence

Key Features:
Current Lease agreement runs until 15 March 2023 with two further
3 year options
Rental income of $37,000 per annum + Outgoings
6 Car Parks on-site, 3 via rear access
Flexible floorplan
Detached self-contained office
Close to Bendigo CBD.

Property History for 119 Wills St, Bendigo, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$730,000
22 Oct 2021
Listed for Rent
$479/w
14 Aug 2012
  • 22 Oct 2021
    Sold for $730,000
  • 08 Jul 2021
    Listed for Sale Contact Agent
  • 19 Jul 2012
    Listed for Rent - Price not available
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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 2016 was 5512 people. By 2021 the population was 5652 showing a population growth of 2.5% 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 $1000 - $1399 per month on mortgage repayments. In general, people in Bendigo work in a professional occupation.In 2021, 53.30% of the homes in Bendigo were owner-occupied compared with 53.70% in 2016.

Bendigo has 5,223 properties. Over the last 5 years, Houses in Bendigo have seen a 21.85% increase in median value, while Units have seen a 51.32% increase. As at 30 April 2026:

  • The median value for Houses in Bendigo is $642,994 while the median value for Units is $494,394.
  • Houses have a median rent of $515 while Units have a median rent of $470.
There are currently 34 properties listed for sale, and 14 properties listed for rent in Bendigo on OnTheHouse. According to Cotality's data, 231 properties were sold in the past 12 months in Bendigo.

Suburb Insights for Bendigo 3550

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.