Employment, Population And Property Experience Robust Growth
The resilience of the Greater Bendigo economy was showcased during the COVID-19 pandemic, with total employment growing and property prices strengthening, according to official data.
Prior to the outbreak, and the introduction of social lockdown measures to manage the pandemic, employment across all local industry sectors was estimated at 47,905. For June 2021, total employment was estimated at 48,134, an increase of 0.48 per cent.
Above: Greater Bendigo’s real gross regional product (GRP) has grown from $5.501 billion in 2008 to $7.936 billion in 2021
While employment in the administrative and support services sector experienced a decline, the retail, accommodation and food services, healthcare and social assistance, and education and training sectors registered an uptick in jobs during the period. Most other sectors remained steady.
Rural Properties For Sale Bendigo VIC: Economy
This performance highlights the diversity of the Bendigo economy, which is underpinned by a strong manufacturing sector, the region’s largest industry by economic output at 17.93 per cent (or $3 billion) of total output. Key sub-sectors including defence equipment, engineering and food manufacturing.
Above: Greater Bendigo’s key employers include healthcare and social assistance, manufacturing, retail and construction
The regional city also boasts a large health care and social assistance industry, which is the region’s largest employer, supporting 8,695 jobs and representing 18.15 per cent of total employment estimated at 47,905 (representing 1.8 per cent of the 2.73 million people working in Victoria).
Supporting an expanding economy – which has seen real gross regional product (GRP) grow from $5.501 billion in 2008 to $7.936 billion in 2021, the region also features substantial retail (5,781 jobs), construction (4,547 jobs), education and training (4,416 jobs, and accommodation and food services (3,535 jobs) sectors. Tourism supports an estimated 1,585 jobs (3.3 per cent of total employment).
Rural Properties For Sale Bendigo VIC: Population
Located in the geographic centre of Victoria, a little under two hours’ drive from Melbourne, the City of Greater Bendigo boasts a growing population of over 121,382, up from 112,267 in 2016.
Above: Greater Bendigo has experienced strong growth in population and building approvals in recent years
With Bendigo as its largest centre, the municipality also includes the thriving smaller communities of Heathcote, Elmore, Goornong, Marong, Redesdale and Axedale. The growing economy and vibrant community make Bendigo an exciting and progressive place to live.
Rural Properties For Sale Bendigo VIC: Property Market
Reflecting its popularity, Bendigo has experienced strong growth in both housing and farmland prices.
The latest Corelogic data for the period ending October 2021, shows Bendigo’s median house price jumped 15.82 per cent in the previous 12 months to $573,750. Unit valued rose by an even stronger 17.84 per cent to $495,000 in the period. Weekly median advertised rent sits at $650.
Above: Farmland prices in Greater Bendigo have grown strongly over the past five, 10 and 20 years
Outside the city area, the median price of farmland rose by a cumulative average growth rate (CAGR) of 22 per cent in the five-year period to end of 2021, hitting $10,564 per hectare, and taking the 10-year CAGR to 8.9 per cent and 20-year CAGR to 10.2 per cent. This compares with a five-year CAGR of 11.4 per cent for the entire Northern region of the state, according to the just-released Australian Farmland Values 2022 report.
Rural Properties For Sale Bendigo VIC: Things To Do
Bendigo is a vibrant city with all the facilities of a growing contemporary regional centre.
For residents and visitors alike, Bendigo Art Gallery is a must-see, ranking as one of the oldest and largest regional galleries in Australia. See the permanent collection and exciting temporary exhibitions or catch a performance at an historic theatre or at a contemporary venue in the city.
Above: Bendigo Art Gallery is one of the oldest and largest regional galleries in Australia. Image: Visit Victoria
Everywhere you go the city’s 1880’s gold rush wealth is evident in its streetscapes and historic buildings.
Jump on the Bendigo Tramways vintage ‘talking’ tram to explore the historic sights of Bendigo, including Bendigo Joss House Temple and discover more about the faith of the Chinese migrants who came to Bendigo in search of gold.
Above: Jump on the Bendigo Tramways vintage ‘talking’ tram to explore the historic sights of Bendigo. Image: Visit Victoria
Alternatively, visit Bendigo Town Hall and step back into a golden era and experience one of the most remarkable boom-time buildings in Victoria. Or get your hands dirty at Bendigo Pottery, which for more than 150 years has been famous for creating high-quality ceramics.
Above: Bendigo Pottery is famous for creating high-quality ceramics. Image: Visit Victoria
For machinery buffs, discover the unique history of the Sunshine Harvester developed in the Elmore area by Hugh Victor McKay; or visit Central Deborah Gold Mine to check out the tunnels of a real twentieth century gold mine, home of Australia’s deepest underground mine tour.
Outdoors, Bendigo boasts beautiful parks and gardens that host a range of festivals and events, and protect and showcase its historic trees and plantings. There’s also many local swimming pools, including the indoor heated pool at the Peter Krenz Leisure Centre, sporting fields, skate parks and BMX tracks, and more than 50 recreation reserves and over 100 play spaces.
Above: Rosalind Park is among Greater Bendigo’s many beautiful public parks and gardens. Image: Visit Victoria
The City of Greater Bendigo has many beautiful and diverse public gardens to enjoy. Many are historic and include relics, historic plantings and significant trees. They include Albert Richardson Reserve, a landscaped park on Marong Road featuring a memorial to the 2009 Victorian bushfires; the Bendigo Botanic Gardens, White Hills which is a beautiful place for the whole community to enjoy; the Bendigo Library Gardens, which is a perfect place to read a good book or meet up with friends in the city; and the Civic Gardens at Bendigo Town Hall, which provides a wonderful green space in the heart of Bendigo’s CBD.
Above: The landmark 19th-century conservatory in Rosalind Park. Image: Visit Victoria
Beyond the city centre, Bendigo is surrounded by a greenbelt of forest. Its natural heritage includes an amazing show of wildflowers each year, a Box-Ironbark forest that supports a rich array of flora and fauna, and mallee eucalypts of the ‘Whipstick Scrub’. This natural heritage provides recreation opportunities for bushwalkers, orienteers, cyclists, birdwatchers, flower enthusiasts, or simply for a Sunday drive.
Above: Beyond the city centre, Bendigo is surrounded by beautiful natural heritage. Image: Visit Victoria
Must-do walks include the Crusoe Reservoir and No. 7 Park where you can wander around the Bendigo Water Works Company structures built to supply Bendigo with drinking water during the gold rush; the Goldfields Track-Leanganook Track where you can follow sections of the Coliban water system and discover historic water races and dissipators; Greater Bendigo National Park which features some of the highest-quality Box-Ironbark forest in north-central Victoria; and Heathcote-Graytown National Park where you can explore gold rush and war era historical features or simply enjoy the solitude of this Box-Ironbark bush setting.
If you’re considering a ‘tree change’ to Greater Bendigo, check out some of our favourite rural properties for sale Bendigo VIC - or click on the following link to view more than 160 rural properties for sale Bendigo VIC.
Rural Properties For Sale Bendigo VIC: 1263 Sutton Grange-Redesdale Road, Sutton Grange
Situated in one of Central Victoria’s most picturesque and highly regarded districts, this magnificent 100-acre rural property for sale features a high-quality country homestead in a beautiful, elevated setting with majestic views over Mount Alexander and the surrounding undulating landscape.
Above: This rural property for sale Bendigo is situated in one of Central Victoria’s most picturesque and highly regarded districts
Well maintained and substantial in every regard, this property is well set up for cattle, sheep and cropping with state-of-the-art cattle yards, an abundant water supply and extensive shedding – all conveniently located just over an hour from Melbourne.
Above: This rural property for sale Bendigo is set on 100 acres and features a high-quality country homestead with majestic views
The homestead has been custom-built by McCarthy Homes, one of Bendigo’s leading builders. It is bursting with charm and character, yet exudes a quiet unmistakable assurance of class, with paved verandas, nine-foot ceilings adorned with large cornice, quality light, Italian floor tiles and wool carpets, and large picture windows with high quality roman blinds framing the peaceful rural views.
Above: The homestead on this rural property for sale Bendigo has been custom-built by McCarthy Homes, one of Bendigo’s leading builders
The formal lounge can be zoned off with double-cavity sliding doors and features a large bay window and ornate fireplace over a solid fuel heater making it a warm and inviting space to relax.
Above: This rural property for sale Bendigo includes a formal lounge featuring a large bay window and ornate fireplace
French doors with a stained glass transom window reveal an L-shaped open plan living area which incorporates a beautiful sitting room with a solid fuel heater and a large dining area with French doors to the back deck.
Above: This rural property for sale Bendigo boasts a beautiful sitting room with a solid fuel heater
This magnificent homestead's dining and living areas adjoin a large, pristine kitchen featuring granite benchtops, an array of Italian electrical appliances and a scullery equipped with its own sink.
Above: This rural property for sale Bendigo includes a kitchen featuring granite benchtops, an array of Italian electrical appliances and scullery
Three bedrooms are all spacious and have beautiful outlooks. The master suite has a large walk-I wardrobe and an ensuite with separate toilet. Another luxurious bathroom and separate toilet services the other two rooms. Ducted evaporative cooling will ensure your families summer comfort.
Above: This rural property for sale Bendigo offers three spacious bedrooms, all enjoying beautiful outlooks
Surrounding the home are numerous formal and informal areas. A real feature of the garden is a magnificent ornamental vine-covered arbour which turns a breathtaking crimson in autumn. On the north side of the residence is a wonderful entertaining area under the gabled veranda. An expansive deck area hugs the kitchen end of the home to offer different outlooks and a great space ideal for entertaining guests or for large family get-togethers.
Above: This rural property for sale Bendigo is surrounded by numerous formal and informal outdoors areas
This property is as functional as it is beautiful. Cleverly designed, it is set up for rotational grazing and is divided into 10 well-fenced paddocks, each with its own dam. Grey box trees and red gums provide shelter for stock.
Above: This rural property for sale Bendigo boasts 10 dams and a massive 150,000 litres of tank water for domestic use
The land offers fertile soil which has been regularly fertilised and has been sown down with Phalaris, rye grass, clover and lucerne. Ample water is a real attribute, with 10 dams and a massive 150,000 litres of tank water for domestic use.
Above: This rural property for sale Bendigo has been regularly fertilised and sown down with Phalaris, rye grass, clover and lucerne
The extensive cattle yards have been specifically designed for genetic breeding of stud cattle. The heavy duty yards consist of an indoor crush with side lift or drop panels on both sides for easy access. It comes complete with an electronic weighing pad, rounding yard, a long curved gradual race with steps on the loading ramp and pedestrian platforms. The yards are concreted with shade trees and the shed provides for comfort in all weather conditions.
Above: This rural property for sale Bendigo features extensive cattle yards that have been designed for genetic breeding of stud cattle
Other excellent shedding facilities comprise a brick double garage, a workshop with a mezzanine floor, kitchenette, wood heater, shower and toilet, a large caravan port, a machinery shed with power and lights, and an open-ended hayshed.
Click on the following link for more information on this rural property for sale Bendigo VIC at 1263 Sutton Grange-Redesdale Road, Sutton Grange.
Rural Properties For Sale Bendigo VIC: 22 Hillcrest Road, Maiden Gully
Boasting an air of grandeur, this stunning 10-acre rural property for sale will captivate you with its luxury, sophistication and exceptional potential.
Above: This rural property for sale Bendigo boasts a stunning home sited on an 10-acre land holding
From the moment you enter the home, the combination of the contemporary colour scheme, quality finish, 8.6-foot ceilings, and huge windows will take your breath away.
Above: This rural property for sale Bendigo is a remarkable size and the home is the epitome of combining style and substance
A remarkable size, the home is the epitome of combining style and substance. With five bedrooms and four living areas, there is room for even the largest family to find their own peaceful nook.
Above: This rural property for sale Bendigo boasts five bedrooms and four living areas, including a large open plan kitchen/meals/family area
The homestead's master bedroom suite includes its own walk-in wardrobe and very spacious ensuite, while the remaining four bedrooms have their own walk-in robes.
Above: This rural property for sale Bendigo entails a master bedroom suite with walk-in wardrobe and spacious ensuite
A true cook’s delight, the spacious kitchen is equipped with a walk-in pantry, 900mm induction cooktop and under-bench oven, dishwasher and an expansive Caesarstone benchtop.
Above: This rural property for sale Bendigo features a spacious kitchen with walk-in pantry, induction cooktop and under-bench oven
The large open plan kitchen/meals/family incorporates a solid fuel heater, while the whole home benefits from ducted refrigerated cooling and electric heating. Further living space is provided by the formal dining or lounge room, a large rumpus room and a fourth leisure/activity space (which would also make an ideal study).
Above: Further living space is provided in this rural property for sale Bendigo by the formal dining or lounge room
Underneath the same roofline is a professionally presented room with independent heating, cooling and septic; wired and plumbed for a salon but with the potential to take on a myriad of roles as you see fit.
Above: This rural property for sale Bendigo is a professionally presented room with independent heating, cooling and septic
Outdoors is equally impressive. The Colorbond roof is lined with 40 solar panels benefiting the 17.2kw solar system, and there is a wide wrap-around veranda surrounding the home culminating in a wonderfully spacious alfresco area complete with Bali fans and bushland views.
Above: This rural property for sale Bendigo boasts a wrap-around veranda and wonderfully spacious alfresco area
Infrastructure includes two impressive identical 15m x 9m Colorbond sheds, each with concrete floor, power and two electric roller doors with three-metre clearance for large vehicles. There is clear and wide access to the sheds from the road with plenty of space for turning large vehicles.
Above: This rural property for sale Bendigo includes two impressive identical 15m x 9m Colorbond sheds with concrete floors and power
The block has been excavated with precision engineering, grading natural water flows away from the home, with rain captured from the home’s roofline being diverted to a massive 175,000-litre tank. To capitalise on the catchment potential of the sheds, provisions have been made for the installation of two 30,000-litre tanks (which will be completed by the current owners). All of the gardens are practical and tidy – low maintenance but high impact.
Above: This rural property for sale Bendigo is truly the whole package – stylish, comprehensive, dynamic and bursting with potential
Located just 10 minutes from Bendigo, this property is truly the whole package – stylish, comprehensive, dynamic and bursting with potential whether it be as a development or as a family paradise.
Click on the following link for more information on this rural property for sale Bendigo VIC at 22 Hillcrest Road, Maiden Gully.
Rural Properties For Sale Bendigo VIC: 1161 Calder Alternative Highway, Lockwood
Situated on the Melbourne side of the city with easy access to the Calder Highway and just 20 minutes to Bendigo CBD, this rural property for sale boasts a stunning high-end home with inground swimming pool, spa and custom pool house on approximately 11 acres of land.
Above: This rural property for sale Bendigo boasts a stunning high-end home with inground swimming pool, spa and custom pool house
The main home is accessed via a side road with fencing and lush lawn providing outstanding curb appeal. A large deck runs along the front of the contemporary residence, and the formal entry is light-filled and grand.
Above: A large deck runs along the front of the contemporary residence on this rural property for sale Bendigo
To one side of the home's entry is a formal dining room, and to the other side is a guest bedroom. Beyond the entry is a spacious open-plan living, kitchen and dining room.
Above: This rural property for sale Bendigo features a spacious open-plan living, kitchen and dining room
The master bedroom is positioned to one side of the central living area. Glass sliding doors to the rear garden, a sensational walk-in robe/dressing room and luxe ensuite offer a real adults’ only retreat.
Above: This rural property for sale Bendigo includes a master bedroom with sensational walk-in robe/dressing room and luxe ensuite
At the other end of the expansive home are two further bedrooms, a family bathroom with free-standing bathtub, a large laundry and convenient access to the triple garage.
Above: This rural property for sale Bendigo also includes a family bathroom with free-standing bathtub
Off the central living space is a resort-style alfresco area overlooking the inground pool. At the rear of the sizeable and very private house block is a pool house, completely set up with kitchen, bar fridge, built-in barbeque, dining area and a home gym.
Above: This rural property for sale Bendigo boasts a resort-style alfresco area overlooking the inground pool
A separate driveway from the road leads down to the shedding and hardstand area of this property. The 34m x 12.7m shed is newly reclad and features epoxy flooring, four sliding doors and a 4.5-metre high rear door – ideal for truck access.
Above: This rural property for sale Bendigo includes a huge shed with epoxy flooring, four sliding doors and a 4.5m high rear door
Ample hardstand surrounds the shed totalling approximately 9,300m2 and attached is a workspace with reception area, additional office, bathroom, and kitchen. Updated wiring, LED lights, split system heating and cooling, and three-phase power ensure this great set up is move-in ready.
Above: The shed on this rural property for sale Bendigo includes ample hardstand totalling approximately 9,300m2
This impressive rural property also features a dam, bore with desal system and three 30,000-litre water tanks, feeding into an automated sprinkler system in front and rear yard.
Above: This rural property for sale Bendigo offers a rare combination of luxury resort-style living with immaculate infrastructure
This is an extremely rare opportunity, providing stunning luxury resort-style living alongside immaculate SME business infrastructure that is ideally suited to those in the transport, vehicle or delivery industries.
Click on the following link for more information on this rural property for sale Bendigo VIC at 1161 Calder Alternative Highway, Lockwood.
Rural Properties For Sale Bendigo VIC: 230 Giris Road, Longlea
Positioned on a quiet country road and surrounded by native bushland only 20 minutes from Bendigo’s CBD, this rural property for sale comprises a homestead set on approximately 20 acres.
Above: This rural property for sale Bendigo is positioned on a quiet country road and surrounded by native bushland
The home features a wrap-around veranda, ideal for taking in the vistas across the property, and the front door opens into an entry hall. The master bedroom, with walk-in wardrobe and ensuite, is located to one side; and a second bedroom, with walk-in robe, is positioned on the other – great for a nursery, guest room or home office.
Above: This rural property for sale Bendigo comprises a three-bedroom homestead set on approximately 20 acres
The home's remaining two bedrooms, both with built-in robes, are found beyond a formal lounge, and one of these rooms has ensuite access to a two-way family bathroom.
Above: This rural property for sale Bendigo features a master bedroom with walk-in wardrobe and ensuite
The open-plan kitchen, living and dining room is full of natural light, and the timber cabinetry in the kitchen adds to the country style. The kitchen includes oven, four-burner gas cooktop and dishwasher; while the formal lounge boasts French doors opening out to the veranda.
Above: This rural property for sale Bendigo boasts an open-plan kitchen, living and dining room full of natural light
Climate control is covered through a combination of split-system air-conditioning, a wall heater in the central living area, and ceiling fans in the master bedroom and central living zone.
Above: This rural property for sale Bendigo features a formal lounge with French doors opening out to the veranda
Outdoors, a sizeable barn with concrete floor, power and lighting includes a mezzanine offering ample storage or extra living space, and the attractive garden surrounding the home provides endless pockets to sit and enjoy rural life.
Above: This rural property for sale Bendigo includes a sizeable barn with concrete floor, power, lighting and mezzanine
Surrounding the home are picturesque, established landscaped gardens and a combination of mature trees and cleared land, plus a dam, providing an abundance of choice when it comes to usage.
Above: This rural property for sale Bendigo boasts landscaped gardens and a combination of mature trees and cleared land, plus a dam
Just 20 minutes from the centre of the city, the property is only five minutes’ drive to the charming community of Axedale where a primary school, general store, hotel and more offer a family-friendly, country feel.
Click on the following link for more information on this rural property for sale Bendigo VIC at 230 Giris Road, Longlea.
Rural Properties For Sale Bendigo VIC: 470 Northern Highway, Heathcote
Situated in a high-profile location on the Northern Highway and just kilometres to the centre of Heathcote is this spectacular 17-acre rural property for sale offering both lifestyle and income opportunity.
Above: This rural property for sale Bendigo boasts a 20-year-old vineyard which has produced award-winning wines
Ideally positioned at the foot of Mt Ida and skirting the beautiful Greytown National Park, this property boasts a 20-year-old vineyard which has produced award-winning wines under the Idavue Estate label over the years.
Above: The vineyard on this rural property for sale Bendigo produces predominately shiraz with some cabernet sauvignon
The vineyard is predominately shiraz with some cabernet sauvignon, and is complemented by a well-equipped cellar door, wine-making facilities and a function room that hosts weddings and other events.
Above: This rural property for sale Bendigo includes a well-equipped cellar door, wine-making facilities and a function room
The well-established rural property captures jaw-dropping sunsets as well as magnificent night skies, offering a unique and picturesque setting for living and working.
Above: This rural property for sale Bendigo captures jaw-dropping sunsets as well as magnificent night skies
The inviting residence enjoys a spacious single-level floor plan comprising three bedrooms with built-in wardrobes (master with walk-in robe and ensuite), two spacious living zones, a bright family bathroom, well-equipped kitchen, and fantastic outdoor entertaining space accompanied by a sparkling in-ground swimming pool.
Above: This rural property for sale Bendigo includes a single-level home comprising three bedrooms, two bathrooms and two living zones
Additional infrastructure improvements on this rural property for sale include a large machinery shed, workshop, expansive dam, double lock-up garage and much more.
Above: This rural property for sale Bendigo boasts a large machinery shed, workshop, double lock-up garage and expansive dam
Click on the following link for more information on this rural property for sale Bendigo VIC at 470 Northern Highway, Heathcote.