44 Drought Street, Bendigo, VIC 3550 | Property Value & History | OnTheHouse
OFF MARKET

44 Drought Street
Bendigo VIC 3550

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 110m2
Land area: 479m2
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Property Details for 44 Drought St, Bendigo

44 Drought St, Bendigo is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1962. The property has a land size of 479m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in January 2024.

Building Type
House
Year Built
1962
Floor Size
110m2
Land Size
479m2
Local Government
Greater Bendigo
Lot/Plan
1/TP687580

Last Listing description (May 2024)

Located in the same street as the Bendigo Health Emergency Department, this property presents an excellent investment opportunity. Situated on a generous 461 square metres of land, it offers various possibilities such as land banking, allied health services, Airbnb, or as a comfortable home for owner-occupiers.

The cream brick residence boasts a practical layout and ample parking space. With driveways on both sides of the front access, there is room for up to four vehicles to park off-street. Inside, the current configuration includes three bedrooms on one side of the house, a central lounge, kitchen, dining area and an updated bathroom. The rear yard is fully enclosed and features a 3.6m x 5m brick shed, providing additional storage space.

Currently, the property is periodically leased at $350 per week, making it an attractive option for investors seeking rental income.

For more information or to arrange a viewing, please do not hesitate to contact our sales team.

Property History for 44 Drought St, Bendigo, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$440,000
29 Jan 2024
Listed for Rent
$240/w
13 Jan 2015
  • 29 Jan 2024
    Sold for $440,000
  • 14 Jul 2023
    Listed for Sale Not Disclosed
  • 30 Mar 2022
    Listed for Sale $540,000 - $570,000
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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 5,223 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 9 properties listed for rent in Bendigo on OnTheHouse. According to Cotality's data, 236 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.