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587-591 Midland Highway, Huntly$1.15m
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587-591 Midland Highway

Huntly, VIC 3551, Australia
$1.10m – $1.20m
3 bed 1 bath 2 car3612 m²

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About this property

Elders Expression of Interest Closes Wednesday 15 April, 2pm (unless sold prior) Indicative Sale Price $1.1 - $1.2M These three individual titles front the Midland Highway and if purchased together, they form a unique development site on the corner of the Highway and Pasley Street. Located opposite the Huntly Pub and adjacent to the Huntly Public Gardens, the appeal of this location is immediately evident. The site is zoned General Residential and would therefore suit a variety of residential developments (STCA). It also adjoins the Commercial 1 Zone and has main highway frontage to a principal road network (TRZ2). This opens the site to the various commercial development possibilities that are permitted in the residential zoning (STCA) including: - medical centre - commercial accommodation - childcare centre - retail outlets - education - religious gathering place - home based business - community centre - car park - car wash - plant nursery - storage facility - convenience shop - restaurant - service station etc. The site boasts excellent exposure to passing traffic to attract customers. Mains power, sewerage, and telephone are all located close to the boundaries. The existing three bedroom 1950's brick home would require major renovations if it were to be retained. Huntly continues to thrive as one of Bendigo's most popular growth areas, just 15 minutes from the CBD. The growth of the suburb can be seen in the opening of the new Victory Christian College campus in nearby Epsom, as well as the upcoming St Thomas Aquinas Catholic Primary School in Huntly (opening in 2027). The community also offers great sporting facilities, public transport, IGA supermarket, pub, post office, café and bakery. A copy of the Due Diligence checklist can be found at https://www.consumer.vic.gov.au/duediligencechecklist

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
2
Land Area
3612 m²
Listed
3 months ago

Repayment calculator

$5,575/month
$2,788 /fortnight
Loan $920,000 at 6.10% over 30 years

Upfront costs

Deposit$230,000
Stamp duty$63,250
Conveyancing (est.)$2,000
Total upfront$295,250
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 Huntly

This 3-bedroom house in Huntly, VIC 3551 sits within reach of public transport, local shops and nearby schools. It is listed 80% above the $638,620 median of 83 comparable houseswithin 5 km.

Schools near Huntly

  • Huntly Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Pasley St/Midland Hwy (bus)47 m away
  • Australian Shearing Supplies24 m away
  • Unnamed1.5 km away
  • Wallawa Place Reserve1.5 km away
  • Unnamed1.5 km away

Huntly at a glance

Full suburb profile
Population
3,585
Median age
32
Household income
$1,882/wk
Median rent
$360/wk
Median mortgage
$1,517/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Huntly price trend

Median sold · House 3 bed

Compound growth +2.0% / yr over 4 yrs

$588kcurrent median

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