Bendigo Quarterly Price Growth Trails 2025 Levels by 3.9 Percentage Points

Bendigo median house prices rose 2.8 per cent in the June quarter, down from the 6.7 per cent gain recorded between April and June 2025.

The slower pace arrives as national new-home starts fell 11 per cent in the latest data and Victoria’s first-home buyer schemes face tighter lending conditions. Remote workers who shifted to Flora Hill and Strathdale during the pandemic now compete with Melbourne commuters priced out of outer suburbs, keeping demand steady but not explosive.

Street-level shifts in Flora Hill and Strathdale

Properties along Spring Gully Road in Flora Hill traded at a median of $485,000 this quarter, up $12,000 from March. In Strathdale, sales on Kennewell Street averaged $510,000, a 3.1 per cent lift that still trailed the suburb’s 7.4 per cent year-earlier result. The Bendigo Art Gallery’s expanded exhibition program and the weekly Rosalind Park markets continue to draw foot traffic that supports nearby values, while the council’s Heritage Overlay program on View Street has added renovation costs that some buyers now factor into offers.

CoreLogic’s June update placed Bendigo’s median at $492,000, still below the state median of $590,000 yet attractive to buyers using the Victorian Homebuyer Fund. Auction clearance rates in the region held at 62 per cent, three points lower than the same period in 2025.

Outlook for the September quarter

Buyers should compare current listings against March prices on the same streets rather than last year’s figures, and check settlement data from the Bendigo and Adelaide Bank’s local branch network for any early signs of renewed supply. First-home buyers eligible for the state’s shared-equity scheme can model repayments now, as interest-rate cuts remain uncertain through spring.

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.