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118 Violet Street, Bendigo$485,000
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118 Violet Street

Bendigo, VIC 3550, Australia
$485,000
515 m²

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About this property

Opportunities like this are becoming increasingly rare in one of Bendigo's most sought-after inner-city locations. Positioned on a 515m² allotment, this charming period residence has already begun its transformation, having been stripped back to its original timber framework, providing an exceptional head start for those with vision. Whether your dream is to faithfully restore a classic Victorian home or explore the potential for an exciting new development (STCA), the possibilities here are limited only by your imagination. The original façade still retains its timeless street appeal, complete with a welcoming verandah and picket fence, while internally the hard work of demolition has already been completed, allowing the next owner to focus on bringing their vision to life. Located just moments from Bendigo's thriving CBD, cafés, restaurants, schools, public transport, medical facilities and beautiful parklands, this is an outstanding opportunity to secure a blue-chip parcel of land in a tightly held neighbourhood. Whether you're a seasoned builder, experienced renovator or someone looking to create a bespoke inner-city residence, this property offers the chance to craft something truly special. Property Features - Generous 515m² allotment - Character period façade with excellent street appeal - Existing home stripped back to the original timber frame - Save thousands with demolition already completed - Outstanding opportunity to renovate or rebuild (STCA) - Highly desirable central Bendigo location - Walking distance to the CBD, cafés, restaurants, schools and transport - Exceptional opportunity for builders, renovators and developers Unlock the potential, restore a piece of Bendigo's history, or create something entirely new. Opportunities of this calibre in such a tightly held location are becoming increasingly difficult to find. This information has been provided to us by third parties and we do not accept any responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary. Property Code: 1125

Property Details

Property Type
land
Listing Type
For Sale
Land Area
515 m²
Listed
2 days ago

Repayment calculator

$2,351/month
$1,176 /fortnight
Loan $388,000 at 6.10% over 30 years

Upfront costs

Deposit$97,000
Stamp duty$24,170
Conveyancing (est.)$2,000
Total upfront$123,170
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Bendigo

This land in Bendigo, VIC 3550 sits within reach of public transport, local shops and nearby schools. It is listed 30% below the $697,500 median of 77 comparable landswithin 5 km.

Schools near Bendigo

  • Creek Street Christian Collegecombined · Prep-12 · CoEd
  • Girton Grammar Schoolcombined · Prep-12 · CoEd
  • Girton Grammar School - Junior Schoolcombined
  • Bendigo Primary Schoolprimary · Prep-6 · CoEd
  • Camp Hill Primary Schoolprimary · Prep-6 · CoEd
  • Lightning Reef Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Old Violet St/Barnard St (bus)319 m away
  • Bob Jane T-Marts338 m away
  • Londonderry Reserve449 m away
  • Wattle Square496 m away
  • South Garden Gully Recreation Reserve550 m away

Bendigo at a glance

Full suburb profile
Population
5,652
Median age
43
Household income
$1,429/wk
Median rent
$290/wk
Median mortgage
$1,482/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Bendigo price trend

Median sold · House 3 bed

Compound growth +2.0% / yr over 4 yrs

$645kcurrent median

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Price history

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1 price change recorded for this property

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