Policy Changes and Planning Decisions Drive Market Impact in Bendigo

Greater Bendigo City Council passed amendments on July 7 to the local planning scheme that lift height limits from two to three storeys on select blocks in Strathdale.

The move comes as Victorian median house prices sit near $490,000 and Bendigo listings face longer days on market, with buyers now factoring development potential into offers on older stock.

Zoning shifts hit Flora Hill and Strathdale streets

Properties along Strathfieldsaye Road and in the area near the Bendigo Art Gallery now qualify for dual-occupancy builds without separate permits, a direct result of the July vote. Remote workers and Melbourne commuters who settled in Flora Hill during the past three years are already contacting agents about subdivision potential on lots backing onto parkland.

The changes also tie into the council's existing Bendigo Regional Housing Strategy, which identified underused land near the railway line as a priority for infill rather than greenfield estates on the city fringe.

CoreLogic data released this month shows Bendigo's median dwelling price at $482,000 for the June quarter, down 2.1 per cent from the same period in 2025, with Strathdale recording the highest volume of new listings among northern suburbs.

Buyers weigh next steps on affected sites

Agents report that homes on View Street and nearby blocks with rear access are drawing renewed inspections from investors who previously passed due to size constraints. Prospective purchasers are advised to review the updated planning maps on the council website and book a pre-lodgement meeting before signing contracts, as the new provisions take effect from August 1.

Those timelines give sellers and buyers a clear window to adjust expectations ahead of spring listings.

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.