4 Drechsler Street, Flora Hill, VIC 3550 sold on 16 September 2026 | OnTheHouse
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Sold on 16 Sep 2026 for $885,000

4 Drechsler Street
Flora Hill VIC 3550

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 550m2
Land area: 2047m2
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Property Details for 4 Drechsler St, Flora Hill

4 Drechsler St, Flora Hill is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 2047m2 and floor size of 550m2. While the property is not currently for sale or for rent, it was last sold in September 2026. There are other 5 bedroom House sold in Flora Hill in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
550m2
Land Size
2047m2
Local Government
Greater Bendigo
Lot/Plan
482N~H/PP3473

Last Listing description (September 2026)

Positioned on an expansive 2,047sqm (approx.) allotment in one of Flora Hill's most convenient locations, this versatile property presents an outstanding opportunity for developers, investors and growing families alike. Offering exceptional subdivision potential (STCA), generous family accommodation and a prime location just minutes from Bendigo's CBD, this is an opportunity not to be missed.Adding significant appeal, the home has recently undergone a comprehensive internal refresh, including a professional repaint throughout, brand-new carpets, new blinds, minor cosmetic updates and neat, tidy landscaped gardens, allowing buyers to move straight in or lease the property immediately with nothing further to do.The property also boasts a strong history of long-term tenancy, making it an attractive option for investors seeking a proven rental performer while considering future development opportunities.Ideally located just 2.5km (approx.) from Bendigo's CBD, within walking distance to South East Bendigo Secondary College, La Trobe University, local medical facilities and public transport, the location offers exceptional lifestyle convenience.The spacious residence comprises five generous bedrooms, all with built-in robes, including a large master suite with ensuite and extensive wardrobe space. The flexible floorplan features two separate living areas, a dedicated study space and three bathrooms, providing ample room for large or extended families.The well-appointed kitchen overlooks the side garden and features a gas cooktop, dishwasher, overhead cabinetry and adjoining meals area, creating a functional family hub.A standout feature is the separate external office, accessed independently from both the front yard and the home. Ideal for those working from home, consulting with clients or accommodating extended family, this versatile space could also serve as a sixth bedroom, studio or teenage retreat.Outdoor living is well catered for with a covered entertaining area, while the expansive backyard offers endless possibilities for family recreation, future subdivision (STCA) or further improvements. A 5m x 5m (approx.) shed provides excellent storage or workshop space.Whether you're looking to develop, invest or secure a substantial family home on a rare allotment, this exceptional property offers flexibility, future potential and immediate comfort in an unbeatable Flora Hill location.Property FeaturesExpansive 2,047sqm (approx.) allotment with subdivision potential (STCA)Professionally painted throughoutBrand-new carpets and blindsMinor cosmetic updates completedNeat and tidy established gardensStrong long-term rental historyFive bedrooms, all with built-in robesThree bathrooms, including ensuite to the masterTwo spacious living areasDedicated study plus separate external office or optional sixth bedroomFunctional kitchen with gas cooktop, dishwasher and ample storageDucted gas heating (recently updated) and ducted evaporative coolingCovered outdoor entertaining areaSecond undercover area adjoining the large laundry5m x 5m (approx.) shed/workshopApproximately 2.5km to Bendigo CBDWalking distance to La Trobe University, South East Bendigo Secondary College, medical facilities and public transportProperties offering this combination of land size, versatility, presentation and future development potential are increasingly rare. Whether you're looking to invest, develop or create your forever family home, 4 Drechsler Street is an opportunity that deserves your inspection.Disclaimer: All property measurements and information has been provided as honestly and accurately as possible by McKean McGregor Real Estate Pty Ltd. Some information is relied upon from third parties. Title information and further property details can be obtained from the Vendor Statement. We advise you to carry out your own due diligence to confirm the accuracy of the information provided in this advertisement and obtain professional advice if necessary. McKean McGregor Real Estate Pty Ltd do not accept responsibility or liability for any inaccuracies.

Property History for 4 Drechsler St, Flora Hill, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$885,000
16 Sep 2026
  • 16 Sep 2026
    Sold for $885,000
  • 16 Jul 2026
    Listed for Sale $895,000 - $925,000
  • 01 Mar 2022
    Sold for $812,000
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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 2,225 properties. Over the last 5 years, Houses in Flora Hill have seen a 29.59% increase in median value, while Units have seen a 38.39% increase. As at 31 August 2026:

  • The median value for Houses in Flora Hill is $659,702 while the median value for Units is $474,923.
  • Houses have a median rent of $490 while Units have a median rent of $450.
There are currently 9 properties listed for sale, and 7 properties listed for rent in Flora hill on OnTheHouse. According to Cotality's data, 138 properties were sold in the past 12 months in Flora hill.

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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.