587 Midland Highway, Huntly, VIC 3551 | Property Value & History | OnTheHouse
OFF MARKET

587 Midland Highway
Huntly VIC 3551

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 107m2
Land area: 3612m2
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Last updated 25 May 2026
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Property Details for 587 Midland Hwy, Huntly

587 Midland Hwy, Huntly is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 3612m2 and floor size of 107m2.

Building Type
House
Floor Size
107m2
Land Size
3612m2
Local Government
Greater Bendigo
Lot/Plan
92/PP5389

Last Listing description (March 2026)

Elders Expression of Interest Closes Wednesday 15 April, 2pm (unless sold prior)
Indicative Sale Price $1.1 - $1.2M

These three individual titles front the Midland Highway and if purchased together, they form a unique development site on the corner of the Highway and Pasley Street.

Located opposite the Huntly Pub and adjacent to the Huntly Public Gardens, the appeal of this location is immediately evident.

The site is zoned General Residential and would therefore suit a variety of residential developments (STCA). It also adjoins the Commercial 1 Zone and has main highway frontage to a principal road network (TRZ2).

This opens the site to the various commercial development possibilities that are permitted in the residential zoning (STCA) including:

- medical centre
- commercial accommodation
- childcare centre
- retail outlets
- education
- religious gathering place
- home based business
- community centre
- car park
- car wash
- plant nursery
- storage facility
- convenience shop
- restaurant
- service station etc.

The site boasts excellent exposure to passing traffic to attract customers. Mains power, sewerage, and telephone are all located close to the boundaries.

The existing three bedroom 1950's brick home would require major renovations if it were to be retained.

Huntly continues to thrive as one of Bendigo's most popular growth areas, just 15 minutes from the CBD. The growth of the suburb can be seen in the opening of the new Victory Christian College campus in nearby Epsom, as well as the upcoming St Thomas Aquinas Catholic Primary School in Huntly (opening in 2027). The community also offers great sporting facilities, public transport, IGA supermarket, pub, post office, caf and bakery.

A copy of the Due Diligence checklist can be found at https://www.consumer.vic.gov.au/duediligencechecklist

Property History for 587 Midland Hwy, Huntly, VIC 3551

A timeline of how this property has performed in the market
Listed for Rent
$170/w
25 Aug 2012
  • 18 Mar 2026
    Listed for Sale Elders EOI Closes Wed 15 April - ISP $1.1 - $1.2M
  • 31 Jul 2012
    Listed for Rent $170 / week
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About Huntly 3551

The size of Huntly is approximately 44.9 square kilometres. There are 5 parks, covering nearly 25.7% of the total area. The population of Huntly in 2016 was 2379 people. By 2021 the population was 3585 showing a population growth of 50.7% in the area during that time. The predominant age group in Huntly is 0-9 years. Households in Huntly are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Huntly work in a trades occupation.In 2021, 76.70% of the homes in Huntly were owner-occupied compared with 82.10% in 2016.

Huntly has 3,189 properties. Over the last 5 years, Houses in Huntly have seen a 42.03% increase in median value, while Units have seen a 27.57% increase. As at 30 April 2026:

  • The median value for Houses in Huntly is $700,687 while the median value for Units is $584,416.
  • Houses have a median rent of $530 while Units have a median rent of $290.
There are currently 28 properties listed for sale, and 18 properties listed for rent in Huntly on OnTheHouse. According to Cotality's data, 339 properties were sold in the past 12 months in Huntly.

Suburb Insights for Huntly 3551

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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.