OFF MARKET

37 Spring Gully Road
Spring Gully VIC 3550

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 740m2
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Last updated 10 Mar 2025
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Property Details for 37 Spring Gully Rd, Spring Gully

37 Spring Gully Rd, Spring Gully is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 740m2. While the property is not currently for sale or for rent, it was last sold in October 2003.

Building Type
House
Land Size
740m2
Local Government
Greater Bendigo
Lot/Plan
3/LP135552

Last Listing description (March 2025)

Fantastic opportunity to secure this generous size corner allotment in popular Spring Gully only minutes drive to the CBD and in the heart of Bendigo's premier lifestyle location. Approximately 740m2 with Spring Gully Road & Whittaker Street frontage, the property includes an existing 4 bedroom period dwelling ideal for renovating, or as an ongoing investment. Other features include a study, large kitchen/dining and lounge with gas heating, 3 piece bathroom, rear covered veranda and 7.5x5m approx shed/garage. For the developer consider a multiple lot subdivision (STCA), ideal for a townhouse development. Also consider land banking this property for future development (STCA), and utilize the property as an investment property in the interim. The position is first class and handy to the University Precinct, Spring Gully sporting and recreational facilities and only a short trip into the CBD. Several schools are nearby including Spring Gully Primary, Quarry Hill Primary and Bendigo South East College. Developers, builders, investors or home-buyers, this is a must to inspect. Don't delay. Will not last.

Property History for 37 Spring Gully Rd, Spring Gully, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$167,000
21 Oct 2003
Listed for Rent
$300/w
21 Feb 2022
  • 27 Feb 2025
    Listed for Sale $445,000 - $485,000
  • 17 Aug 2022
    Listed for Sale $480,000 - $500,000
  • 18 Jul 2017
    Listed for Rent $262 / week
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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 41.98% increase in median value, while Units have seen a 35.45% increase. As at 28 February 2025:

  • The median value for Houses in Spring Gully is $616,327 while the median value for Units is $366,364.
  • Houses have a median rent of $500 while Units have a median rent of $425.
There are currently 10 properties listed for sale, and no properties listed for rent in Spring gully on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in Spring gully.

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