26 Glenelg Drive, Maiden Gully, VIC 3551 | Property Value & History | OnTheHouse
OFF MARKET

26 Glenelg Drive
Maiden Gully VIC 3551

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2329m2
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Property Details for 26 Glenelg Dr, Maiden Gully

Building Type
Commercial
Land Size
2329m2
Local Government
Greater Bendigo
Lot/Plan
21/PS522817

Last Listing description (April 2021)

+ Secure 20 year net lease to Jennys Early Learning to 2037
+ Two generous 10 year options to 2057
+ Jennys Early Learning: highly regarded and successful early education provider with four further locations in Bendigo

+ Long established and strongly trading business currently trading at 90%+ occupancy
+ Desirable 3% annual rent increases
+ Tenant pays all usual outgoings
+ Quality double-brick child care facility (constructed in 2008) and licensed for 87 LDC places
+ Substantial 2,329 sqm site, strategically positioned 300metres from Maiden Gully Primary School (563 students enrolled)
+ Eligible for Regional Victoria 50% stamp duty concession.
+ City of Greater Bendigo: Victorias largest inland City with a current population of 121,349 and forecast to grow to over 155,000 by 2036
+ Childcare/Early Education is an essential service and one of Australias most sought-after asset classes, with the Federal Government spending an estimated $8.6 billion on the sector in the 2019/20 financial year
+ Net Income: $217,959 pa + GST

For Sale by Investment Portfolio Auction
10:30AM (AEDT) Wednesday 31 March 2021

Property History for 26 Glenelg Dr, Maiden Gully, VIC 3551

A timeline of how this property has performed in the market
Last Sold
$3,950,000
01 Apr 2021
  • 01 Apr 2021
    Sold for $3,950,000
  • 10 Mar 2021
    Listed for Sale Price on Request
  • 03 May 2017
    Sold for $3,250,000
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About Maiden Gully 3551

The size of Maiden Gully is approximately 41.7 square kilometres. There are 26 parks, covering nearly 20.8% of the total area. The population of Maiden Gully in 2016 was 4992 people. By 2021 the population was 5407 showing a population growth of 8.3% in the area during that time. The predominant age group in Maiden Gully is 0-9 years. Households in Maiden Gully are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Maiden Gully work in a professional occupation.In 2021, 91.60% of the homes in Maiden Gully were owner-occupied compared with 89.20% in 2016.

Maiden Gully has 2,481 properties. Over the last 5 years, Houses in Maiden Gully have seen a 23.53% increase in median value, while Units have seen a 61.05% increase. As at 30 April 2026:

  • The median value for Houses in Maiden Gully is $898,825 while the median value for Units is $695,536.
  • Houses have a median rent of $615.
There are currently 25 properties listed for sale, and 1 property listed for rent in Maiden gully on OnTheHouse. According to Cotality's data, 88 properties were sold in the past 12 months in Maiden gully.

Suburb Insights for Maiden Gully 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.