40 Forest Street, Bendigo, VIC 3550 | Property Value & History | OnTheHouse
OFF MARKET

40 Forest Street
Bendigo VIC 3550

Bedrooms: 7
Bathrooms: 3
Car spaces: 3
Land area: 306m2
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Property Details for 40 Forest St, Bendigo

Building Type
Commercial
Land Size
306m2
Local Government
Greater Bendigo
Lot/Plan
1/TP16674

Last Listing description (March 2021)

Bishopscourt is a grand Victorian mansion completed in 1876, situated perfectly in the heart of Bendigo. An easy walk to Bendigo's best restaurants, schools, theatres, sporting venues and shopping. The home features a balance of formal & informal living areas, combining a perfect mix of original features & contemporary living. Grand proportions (approx. 595m2 - 64 squares living space) creates opportunities for multi-generational living and offers flexible options for working from home.

Entering the grand entry hall, you are flanked by the library & formal lounge with open fire, leading onto the tiled sunroom.

The centrepiece is the modern open plan living, dining & kitchen area with stunning views through 4m high glass walls into the garden & toward the Bendigo CBD. The modern kitchen with granite benchtops has a Falcon Elite range & induction cooktop. The kitchen is further enhanced by the large butler's pantry. From the kitchen, the spacious laundry includes a double shower & toilet. Downstairs also has a formal sitting / dining room with bay window & open fire with marble surround; 2 bedrooms, bathroom with Carrera marble tiles & powder room.
Upstairs, the Billiard room with an open fire and slate mantle enjoys access to the spacious balcony. The huge master bedroom has a bay window, open fire & ensuite. A further 4 bedrooms are spacious & full of light. The family bathroom has a large claw-foot bath & separate shower. There is also a utility room with stairs to the attic.

Historic stables at the rear of the property include a modern self-contained apartment upstairs, with air-conditioning, designer kitchen & bathroom. Downstairs there is a carriage room, workshop & storage space.
The private garden is dominated by a century old oak tree providing shade to the entertaining area. A garden wall screens the 'croquet' lawn, which has hosted many weddings.
Features include-
7 bedrooms & 4.5 Bathrooms.
5 Living areas.
Front & rear stairs - 2 main entrances, ideal for home office.
Modern open plan kitchen, dining & living with glazed walls.
Butler's pantry & substantial wine cellar.
Original stables with modern self-contained apartment.
Double brick garage.
Recently painted.
11kw solar system, gas central heating & many functioning fire places.
Set on 6 titles comprising approx. 1700m2.
3 street frontages.

Bishopscourt is currently a loved home & a successful Bed and Breakfast.
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Property History for 40 Forest St, Bendigo, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$1,297,500
19 Apr 2021
  • 19 Apr 2021
    Sold for $1,297,500
  • 24 Sep 2019
    Listed for Sale $2,495,000 - $2,744,000
  • 06 Aug 1999
    Sold for $510,000
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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 5,222 properties. Over the last 5 years, Houses in Bendigo have seen a 39.48% increase in median value, while Units have seen a 59.12% increase. As at 30 November 2025:

  • The median value for Houses in Bendigo is $612,745 while the median value for Units is $475,565.
  • Houses have a median rent of $500 while Units have a median rent of $460.
There are currently 30 properties listed for sale, and 8 properties listed for rent in Bendigo on OnTheHouse. According to Cotality's data, 235 properties were sold in the past 12 months in Bendigo.

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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.