40 Spring Gully Road, Spring Gully, VIC 3550 | Property Value & History | OnTheHouse
 
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40 Spring Gully Road
Spring Gully VIC 3550

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 143m2
Land area: 648m2
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Property Details for 40 Spring Gully Rd, Spring Gully

40 Spring Gully Rd, Spring Gully is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 648m2 and floor size of 143m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
House
Year Built
1960
Floor Size
143m2
Land Size
648m2
Local Government
Greater Bendigo
Lot/Plan
1/LP20898

Last Listing description (November 2022)

Positioned on a Spring Gully corner lot, this cream brick treasure presents a golden opportunity to invest in your first home, make a statement with a renovation or add to your investment portfolio.

In need of a little TLC, the triple-fronted home displays many hallmarks of the era with a terracotta tiled roof, curved front porch, steel-framed picture windows and high ceilings.

It features four bedrooms (2 x BIR), an upgraded bathroom, spacious lounge and a dining room with an open fireplace, split system a/c and ducted heating. The kitchen has a gas stove, a dishwasher and good storage. The laundry opens to a rear verandah overlooking the enclosed, easy-care backyard.

The block approx 695m has side access from Whittaker Street to a carport and garage.

Top location close to schools, La Trobe University, local shops and sporting venues, public transport and a short drive to the CBD.

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Property History for 40 Spring Gully Rd, Spring Gully, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$500,000
07 Jul 2022
Listed for Rent
$380/w
03 May 2022
  • 07 Jul 2022
    Sold for $500,000
  • 03 Jun 2022
    Listed for Sale $510,000 - $550,000
  • 03 May 2022
    Listed for Rent $380 / week
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About Spring Gully 3550

The size of Spring Gully is approximately 7.8 square kilometres. It has 17 parks covering nearly 38.7% of total area. The population of Spring Gully in 2016 was 3000 people. By 2021 the population was 3092 showing a population growth of 3.1% in the area during that time. The predominant age group in Spring Gully is 10-19 years. Households in Spring Gully are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Spring Gully work in a professional occupation.In 2021, 76.00% of the homes in Spring Gully were owner-occupied compared with 73.00% in 2016.

Spring Gully has 1,663 properties. Over the last 5 years, Houses in Spring Gully have seen a 47.87% increase in median value, while Units have seen a 45.08% increase. As at 30 November 2025:

  • The median value for Houses in Spring Gully is $698,667 while the median value for Units is $430,569.
  • Houses have a median rent of $480 while Units have a median rent of $410.
There are currently 5 properties listed for sale, and 3 properties listed for rent in Spring gully on OnTheHouse. According to Cotality's data, 70 properties were sold in the past 12 months in Spring gully.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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