Bendigo Quarterly Price Growth Trails Same Time Last Year

Bendigo's median house price reached $512,000 at the end of June, up 1.8 per cent from the March quarter yet 2.6 percentage points below the growth posted in the same three months of 2025.

Remote workers and Melbourne commuters continue to drive interest in outer suburbs while higher interest rates have slowed investor activity since the start of the year. The slower pace matters now because many households who bought in 2023 face fixed-rate loans rolling off at higher levels, tightening budgets for upgrades or moves within the city.

Flora Hill and Strathdale hold buyer attention

Flora Hill recorded a median of $485,000 for three-bedroom homes, with properties on Olinda Street selling within 18 days on average. Strathdale saw similar turnover, particularly along Edwards Road where families sought larger blocks near the Bendigo Art Gallery precinct. Local programs such as the City of Greater Bendigo's first-home buyer grant top-up have supported entry-level purchases in both neighbourhoods.

CoreLogic data released this week showed Bendigo's annual growth at 6.1 per cent, compared with 8.7 per cent at the same point last year. The Victorian median sits near $490,000, placing Bendigo below the state average but still ahead of regional centres such as Ballarat on a quarterly basis.

Buyers weigh timing against rate outlook

Agents report that listings scheduled for spring will test whether the current quarterly pace holds. Prospective purchasers should review their borrowing capacity with lenders before the next Reserve Bank meeting and inspect multiple properties in Flora Hill or Strathdale to compare recent sales results on streets like Olinda Road and Edwards Road.

This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.