199 Aspinall Street, Kangaroo Flat VIC 3555
199 Aspinall Street, Kangaroo Flat VIC 3555
5-bed family house | 1,140 m² block rarity | family buyer demand | established Kangaroo Flat pocket | space-led value
This house is positioned with five bedrooms, two bathrooms and a 1,140 m² block, making it a larger-than-typical family offering in Kangaroo Flat. Genuine separation between living zones, along with scope for sheds, outdoor entertaining or future reconfiguration, is provided by the land area. A 204 m² floor plan is able to support extended family arrangements or home-office needs. Interest is expected to be drawn from owner-occupiers prioritising land size and flexibility, while investor demand is considered secondary. By its combination of bedroom count and land mass, the property is placed at the upper end of the local family-house market.
The final price may be shaped by the condition of internal finishes and the age of the home. Subdivision or extension potential might be offered by the large block, but the outcome would be dependent on zoning and title checks. Presentation, heating and cooling, and any recent updates may also be considered influential. A full inspection is advised before a final view on price is formed.
Detailed Independent Property Report prepared by PropCred Analyst team for 199 Aspinall Street, Kangaroo Flat VIC 3555
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
1
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Market Insight
Kangaroo Flat, in greater Bendigo, is a stable family and retiree market where detached homes dominate and outright ownership is common. Demand is driven by singles aged 60-plus and higher-income labourers, supported by Calder Highway access, V/Line rail, and local schools. House prices rose 9.74% annually to a $574,500 median, with 262 sales and a 26-day typical listing; units grew faster at 14.3% to $467,500. Gross yields are modest at 4.63% for houses and 5.15% for units. The broader Bendigo region’s $573.5M residential development pipeline and 14.1% rise in sales underpin future growth. However, affordability is stretched against local earnings, unit supply is tightening after a 19.4% sales drop, and a 0.4% house price dip in another dataset signals interest-rate sensitivity.
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PropCred Estimated Value
Comparable Sales: 202 Aspinall Street sold for $735,000 (4 bed, 860 m²); 10 Miners Rest sold for $595,000 (3 bed, 438 m²) | Property Price Band: $650K-$750K | Value Drivers: land size, five-bed layout, presentation and condition
Bedrooms
5
Bathroom
2
Parking
-
Land
1140m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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