105 Eaglehawk Road, Long Gully VIC 3550
105 Eaglehawk Road, Long Gully VIC 3550
mid-century character | 737sqm block | school-zoned long gully | verified due diligence needed
This property offers a rare combination of solid mid-century construction on a genuine 737sqm block within walking distance to Bendigo Primary and Eaglehawk Secondary College zones. The 35% building coverage leaves meaningful room for extension, landscaping, or a future studio, while the 7m roof height suggests generous internal volume that can be adapted without structural compromise. It is best suited to a buyer comfortable with renovation or redevelopment who values established school access and a corridor position between Eaglehawk and Bendigo CBD.
The bushfire overlay and unresolved heritage overlay discrepancy are the primary risks, as either could materially alter redevelopment or insurance costs. The inconsistent land size and valuation spread across sources signals that independent title and council checks are non-negotiable before any offer. The traffic exposure on Eaglehawk Road is a trade-off for connectivity, but for a buyer seeking land value and school catchment at a sub-$600k entry point, this property presents a defensible opportunity once due diligence confirms the overlay status and true block dimensions.
Detailed Independent Property Report prepared by PropCred Analyst team for 105 Eaglehawk Road, Long Gully VIC 3550
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
1
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Market Insight
This suburb presents a compelling entry point into the market, characterised by robust and accelerating capital growth across both houses and units, with houses leading the recent surge. This strong price momentum is supported by a notably tight sales market, where properties transact swiftly, indicating sustained buyer competition. While specific demand drivers are not detailed, the solid rental yields suggest ongoing investor and tenant interest, contributing to market stability. Future growth will hinge on the continuation of these current dynamics, though the pace of recent appreciation warrants attention to affordability constraints over the longer term.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
737m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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