VIC · 3550

Spring Gully

Suburb profile, market snapshot and recent listings for Spring Gully, VIC 3550.

Spring Gully, VIC 3550

About Spring Gully

Welcome to Spring Gully

Spring Gully sits on the southern fringe of Bendigo, in regional Victoria, a comfortable few minutes' drive from the city centre. Bordered by Quarry Hill, Flora Hill, Kennington and Mandurang, it's one of those established Bendigo suburbs that manages to feel semi-rural while still being close enough to everything the regional capital offers.

With a population of just over 3,000 and a median resident age of 45, Spring Gully has long appealed to families and professionals who want a quieter, leafier setting without giving up easy access to schools, shops and Bendigo's employment hubs. It's a suburb better suited to those planting roots than those chasing a fast turnover, and the housing stock reflects that.

Housing & architecture

Spring Gully is overwhelmingly a house suburb, with detached homes making up 78% of current listings. There's a smaller mix of land, apartments and units (9% each) and a modest share of townhouses (3%), which points to a market built around family-sized blocks rather than higher-density living. Expect a blend of established brick veneer and weatherboard homes on generous allotments, along with newer builds on the suburb's outer pockets, reflecting decades of gradual growth rather than a single development era.

The property market

The median house price in Spring Gully currently sits at $773,000, with median weekly rent at $640. Recent figures show house prices have eased slightly, down 1.0%, suggesting a market that has settled after a period of stronger growth rather than one under significant pressure. For buyers, that softening may open a window of opportunity in a suburb that has traditionally held its value well thanks to its land size and proximity to central Bendigo.

Compared with tightly packed inner-city pockets, Spring Gully's larger blocks and family housing stock tend to appeal to owner-occupiers over investors, which helps explain the steady rental figures alongside the more house-dominant listing mix.

Getting around

Spring Gully's location just south of Bendigo's CBD makes commuting straightforward, with a short drive connecting residents to the city centre, Bendigo Hospital and the wider road network via routes through Kennington and Flora Hill. Bendigo's train line, terminating at Bendigo Railway Station, is within easy reach for those heading to Melbourne via the regional rail network, while local bus routes link Spring Gully to surrounding suburbs including Quarry Hill and Mandurang for those without a car.

Schools & families

Families are well catered for, with Spring Gully close to a range of schooling options across neighbouring suburbs, from primary schools to Bendigo's well-regarded secondary colleges. The suburb's median age of 45 reflects its popularity with established families and older residents alike, and the relatively low-density housing mix makes it a practical choice for those wanting space for children to grow into.

Parks & recreation

The semi-rural character of Spring Gully, backing onto Mandurang's more open countryside, gives residents easy access to bushland and walking trails that are harder to find closer to central Bendigo. Local reserves and sporting grounds cater to weekend recreation, while the proximity to Kennington and Flora Hill means larger shopping and leisure facilities, including Kennington's retail precinct, are only a short trip away.

Lifestyle & dining

Spring Gully itself is predominantly residential, so for cafes, restaurants and larger retail, residents typically head into central Bendigo or nearby Kennington and Quarry Hill, both just minutes away. This arrangement suits residents well: a peaceful, low-traffic home base with the full range of Bendigo's dining, culture and shopping scene never far off.

Market snapshot

Spring Gully property market

Median price ranks #2,368 of 3,797 suburbs · pricier than 38%
Bedrooms

Median sale price

$773k

House · 4 bed

Median rent

$640

per week

Gross rental yield

4.3%

annual rent ÷ sale price

Typical price range

Entry

$605k

Median

$773k

Premium

$1.08m

Days on market

33

Auction clearance

0%

Sold this year

30

Median sold price trend · House 4 bed

Compound growth +1.5% / yr over 4 yrs

Median price by bedrooms · House

Property types on market

Share of current listings in Spring Gully by dwelling type.

House78%
Apartment / Unit9%
Land9%
Townhouse3%

Who lives here

Demographics

ABS Census 2021 figures for Spring Gully, VIC 3550.

Population

3,092

residents (2021)

Median age

45

years

Household income

$1,543

median, per week

Median rent

$290

per week

Median mortgage

$1,454

per month

Mortgage / income

22%

comfortable

Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.

Recent results

Recently sold in Spring Gully

$541k

54 Spring Gully Road

house3 bd · 2 ba · 2 car

Sold ~July 2026

$910k

24 Milton Avenue

house4 bd · 2 ba · 4 car

Sold ~July 2026

$885k

4 Kristy Drive

house4 bd · 2 ba · 2 car

Sold ~June 2026

$990k

7 Kristy Drive

house4 bd · 2 ba · 2 car

Sold ~June 2026

$675k

8 Carey Court

house3 bd · 2 ba · 2 car

Sold ~June 2026

$570k

1/2 Sherman Crescent

townhouse3 bd · 2 car

Sold ~June 2026

$949k

25 Shakespeare Street

house4 bd · 3 ba · 5 car

Sold ~June 2026

$670k

23 Burns Street

house1 ba · 4 car

Sold ~June 2026

Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.

Explore the area

Properties & amenities in Spring Gully

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Compare the area

Price map around Spring Gully

Every listing for sale near Spring Gully, coloured by price — so you can see how it stacks up against the streets and suburbs next door.

CheaperPricier
Spring GullyNearby suburbs

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Common questions

Spring Gully suburb FAQ

What is the median property price in Spring Gully?

The median house price in Spring Gully, VIC is $773k for a 4-bedroom home. Over the past year, median sold prices have fallen about 1.0%.

How much is rent in Spring Gully?

The median weekly rent in Spring Gully is around $640 per week.

Is Spring Gully a good place to live?

Spring Gully is a suburb of the regional city of Bendigo in north central Victoria, Australia, 5 kilometres (3.1 mi) south of the Bendigo city centre. Spring Gully is an established residential suburb in VIC, with a population of around 3,092.

What is the population of Spring Gully?

Spring Gully has a population of 3,092 (ABS 2021 Census), with a median age of 45.

How long do homes take to sell in Spring Gully?

Properties in Spring Gully take around 33 days to sell on average, with an auction clearance rate of about 0%.

How much do you need to buy in Spring Gully?

Entry-level properties in Spring Gully start around $605k, while premium homes reach $1.08m.

What suburbs are near Spring Gully?

Suburbs near Spring Gully include Quarry Hill, Mandurang, Flora Hill, Kennington and Square.

Available now

Properties in Spring Gully

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For Sale
$295,000
house

An Attractive Home at An Affordable Price

46/33-53 Mandurang Road, Spring Gully VIC 3550
11
Amicum2 months ago
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For Sale
$760k–$800k
house

Everything You Need At Your Door Step

5 Wattle Drive, Spring Gully VIC 3550
423717 m²
Tweed Sutherland First National2 weeks ago
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For Sale
$350k–$385k
apartment

IDYLLIC RETIREMENT LIVING IN A PARK-LIKE SETTING

56 Francis Street, Spring Gully VIC 3550
111
Elders Bendigo1 month ago
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For Sale
$950k–$1.04m
house

Elevated Stylish Living With Uninterrupted Scenic Views

6 Bonnie Brae Court, Spring Gully VIC 3550
322940 m²
Buxton Bendigo3 months ago
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For Sale
$630,000
house

'Lauriston' - A solid start in the heart of Spring Gully

152 Retreat Road, Spring Gully VIC 3550
312848 m²
Belle Property Bendigo | Castlemaine | Maldon3 months ago
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For Sale
$730k–$750k
house

Stylish family living backing onto nature in sought-after Spring Gully

22 Palm Avenue, Spring Gully VIC 3550
321697 m²
McKean McGregor Real Estate Pty Ltd3 weeks ago
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For Sale
$590k–$630k
house

EXCEPTIONAL LOW-MAINTENANCE LIFESTYLE IN PRIME SPRING GULLY SETTING

3/5 Jude Court, Spring Gully VIC 3550
332
Bendigo Ballarat Real Estate3 months ago
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For Sale
$875k–$920k
house

Private Bush Bolthole in Spring Gully's Heart

37-39 Burns Street, Spring Gully VIC 3550
4244679 m²
Bendigo Real Estate1 month ago
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For Sale
$500k–$550k
house

Mud Brick Charm on 1,000m² Renovate, Invest or Develop (STCA)

105 Retreat Road, Spring Gully VIC 3550
3121001 m²
Tweed Sutherland First National3 weeks ago
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For Sale
$535k–$575k
house

Private, Stylish and Perfectly Positioned

5/10 Gordon Street, Spring Gully VIC 3550
312341 m²
PRD Real Estate Bendigo1 month ago
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For Sale
$660k–$700k
house

Beautifully renovated home in the highly sought after Spring Gully locale - "The Entertainer"

3 Shakespeare Street, Spring Gully VIC 3550
412556 m²
Gavin Butler Real Estate1 month ago
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For Sale
$495k–$510k
land

Exclusive Building Allotment in Blue Chip Location - Retreat Heights Estate

20 Bronwyn Court, Spring Gully VIC 3550
1102 m²
Buxton Bendigo3 months ago
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