- Opportunity presents: This property presents a great opportunity for the astute investor or developer to secure a large corner block of land ideal as a unit site
- Ideal development site of 942m2 zoned General residential.
- Situated only minutes to the Eaglehawk & Bendigo CBD's and all amenities
- Perfect opportunity to undertake a development of units - think outside the square and consider the opportunity to seek planning approval for multiple single one bedroom units in this very central locale
- All services are available to the titled block of 942m2 which is ready to build on and is zoned General residential. A very affordable block of land in this area of California Gully that presents a good opportunity to consider a multi site development
- An excellent opportunity to enter the property market or grow your investment port folio
- As you can see from the photos the property has a home on site that requires extensive renovation. It has two bedrooms.
Property Code: 1068
The size of California Gully is approximately 3.7 square kilometres. There are 7 parks, covering nearly 6.1% of the total area. The population of California Gully in 2016 was 4363 people. By 2021 the population was 4476 showing a population growth of 2.6% in the area during that time. The predominant age group in California Gully is 10-19 years. Households in California Gully are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in California Gully work in a labourer occupation.In 2021, 63.00% of the homes in California Gully were owner-occupied compared with 61.30% in 2016.
California Gully has 2,333 properties. Over the last 5 years, Houses in California Gully have seen a 50.05% increase in median value, while Units have seen a 45.25% increase. As at 31 July 2026:
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