1-6/22 Drechsler Street, Flora Hill, VIC 3550 | Property Value & History | OnTheHouse
OFF MARKET

1-6/22 Drechsler Street
Flora Hill VIC 3550

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Last updated 17 Aug 2026
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Property Details for 1-6/22 Drechsler St, Flora Hill

Building Type
Unknown
Local Government
Greater Bendigo

Last Listing description (May 2026)

Bendigo Real Estate presents Flora Hill's latest land development close to La Trobe University.The quality subdivision, nestled between Drechsler and Race Streets, consists of six gently elevated, attractive sites ranging in size from 301sqm up to 849 sqm. It presents an excellent opportunity for investment, downsizing or townhome building.Each allotment includes a generous setback with crossovers already in place, a cleared building space and a treed backdrop providing the ideal blend of modern living close to all amenities.The titled lots have all services available, allowing for building to commence without delay.If you're ready to invest, build a home or seek a peaceful retirement retreat, this is your chance to secure a prime lot in a market where land and building prices are rising. Lot 1 849 sqm $310,000Lot 2 387 sqm $260,000Lot 3 377 sqm $260,000Lot 4 399 sqm $260,000Lot 5 301 sqm $230,000Lot 6 366 sqm $230,000Be quick to ensure you don't miss this opportunityTHIS IS FABULOUS FLORA HILLOne of Flora Hill's biggest advantages is its proximity to La Trobe University's Bendigo campus, which creates strong demand for professional and student rental properties.The development is a short walk to Flora Hill Bakery, Butcher shop, Medical Centre, Vanstan's pharmacy, and Bendigo South Secondary East College, with the Neale Street bus stop only a two-minute walk. It is a five-minute drive to either the Bendigo CBD or Strath/Kennington Village shops.It offers a premium mix of leafy, quiet streets, quality homes, and proximity to nature, with the One Tree Hill Regional Park close by. These areas are top choices for families and professionals seeking a high-quality lifestyle, safety, and convenience to amenities.ADDITIONAL FEATURES North-facing orientation Minimal covenants NBN ready Kerb and channelCONTACT AGENT FOR HOUSE AND LAND PACKAGES

Property History for 1-6/22 Drechsler St, Flora Hill, VIC 3550

A timeline of how this property has performed in the market
  • 05 May 2026
    Listed for Sale Refer to Prices in Description
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About Flora Hill 3550

The size of Flora Hill is approximately 2.9 square kilometres. There are 7 parks, covering nearly 17.4% of the total area. The population of Flora Hill in 2016 was 3955 people. By 2021 the population was 3989 showing a population growth of 0.9% in the area during that time. The predominant age group in Flora Hill is 20-29 years. Households in Flora Hill are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Flora Hill work in a professional occupation.In 2021, 47.90% of the homes in Flora Hill were owner-occupied compared with 44.10% in 2016.

Flora Hill has 2,228 properties. Over the last 5 years, Houses in Flora Hill have seen a 32.69% increase in median value, while Units have seen a 38.55% increase. As at 31 July 2026:

  • The median value for Houses in Flora Hill is $663,726 while the median value for Units is $470,899.
  • Houses have a median rent of $490 while Units have a median rent of $450.
There are currently 14 properties listed for sale, and 5 properties listed for rent in Flora hill on OnTheHouse. According to Cotality's data, 142 properties were sold in the past 12 months in Flora hill.

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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.