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4 Drechsler Street, Flora Hill$910,000
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4 Drechsler Street

Flora Hill, VIC 3550, Australia
$895,000 – $925,000
5 bed 3 bath 2 car2047 m²

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About this property

Positioned on an expansive 2,047sqm (approx.) allotment in one of Flora Hill's most convenient locations, this versatile property presents an outstanding opportunity for developers, investors and growing families alike. Offering exceptional subdivision potential (STCA), generous family accommodation and a prime location just minutes from Bendigo's CBD, this is an opportunity not to be missed. Adding significant appeal, the home has recently undergone a comprehensive internal refresh, including a professional repaint throughout, brand-new carpets, new blinds, minor cosmetic updates and neat, tidy landscaped gardens, allowing buyers to move straight in or lease the property immediately with nothing further to do. The property also boasts a strong history of long-term tenancy, making it an attractive option for investors seeking a proven rental performer while considering future development opportunities. Ideally located just 2.5km (approx.) from Bendigo's CBD, within walking distance to South East Bendigo Secondary College, La Trobe University, local medical facilities and public transport, the location offers exceptional lifestyle convenience. The spacious residence comprises five generous bedrooms, all with built-in robes, including a large master suite with ensuite and extensive wardrobe space. The flexible floorplan features two separate living areas, a dedicated study space and three bathrooms, providing ample room for large or extended families. The well-appointed kitchen overlooks the side garden and features a gas cooktop, dishwasher, overhead cabinetry and adjoining meals area, creating a functional family hub. A standout feature is the separate external office, accessed independently from both the front yard and the home. Ideal for those working from home, consulting with clients or accommodating extended family, this versatile space could also serve as a sixth bedroom, studio or teenage retreat. Outdoor living is well catered for with a covered entertaining area, while the expansive backyard offers endless possibilities for family recreation, future subdivision (STCA) or further improvements. A 5m x 5m (approx.) shed provides excellent storage or workshop space. Whether you're looking to develop, invest or secure a substantial family home on a rare allotment, this exceptional property offers flexibility, future potential and immediate comfort in an unbeatable Flora Hill location. Property Features Expansive 2,047sqm (approx.) allotment with subdivision potential (STCA) Professionally painted throughout Brand-new carpets and blinds Minor cosmetic updates completed Neat and tidy established gardens Strong long-term rental history Five bedrooms, all with built-in robes Three bathrooms, including ensuite to the master Two spacious living areas Dedicated study plus separate external office or optional sixth bedroom Functional kitchen with gas cooktop, dishwasher and ample storage Ducted gas heating (recently updated) and ducted evaporative cooling Covered outdoor entertaining area Second undercover area adjoining the large laundry 5m x 5m (approx.) shed/workshop Approximately 2.5km to Bendigo CBD Walking distance to La Trobe University, South East Bendigo Secondary College, medical facilities and public transport Properties offering this combination of land size, versatility, presentation and future development potential are increasingly rare. Whether you're looking to invest, develop or create your forever family home, 4 Drechsler Street is an opportunity that deserves your inspection. Disclaimer: All property measurements and information has been provided as honestly and accurately as possible by McKean McGregor Real Estate Pty Ltd. Some information is relied upon from third parties. Title information and further property details can be obtained from the Vendor Statement. We advise you to carry out your own due diligence to confirm the accuracy of the information provided in this advertisement and obtain professional advice if necessary. McKean McGregor Real Estate Pty Ltd do not accept responsibility or liability for any inaccuracies.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
5
Bathrooms
3
Parking
2
Land Area
2047 m²
Listed
Yesterday

Repayment calculator

$4,412/month
$2,206 /fortnight
Loan $728,000 at 6.10% over 30 years

Upfront costs

Deposit$182,000
Stamp duty$49,670
Conveyancing (est.)$2,000
Total upfront$233,670
Verify with VIC revenue office →
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 Flora Hill

This 5-bedroom house in Flora Hill, VIC 3550 sits within reach of public transport, local shops local amenities. It is listed 43% above the $637,500 median of 75 comparable houseswithin 5 km.

What's nearby

  • Drechsler St/Neale St (bus)130 m away
  • Flora Hill Bakehouse152 m away
  • Unnamed190 m away
  • Unnamed307 m away
  • Unnamed471 m away

Flora Hill at a glance

Full suburb profile
Population
3,989
Median age
32
Household income
$1,347/wk
Median rent
$290/wk
Median mortgage
$1,300/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Flora Hill price trend

Median sold · House 3 bed

Compound growth +2.1% / yr over 4 yrs

$586kcurrent median

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Price history

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1 price change recorded for this property

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