Bendigo is one of Victoria's most dynamic and culturally rich regional cities, located approximately 150 kilometres north-west of Melbourne in the heart of the goldfields region. With a population of over 167,000 in the Greater Bendigo area (2021 Census), it combines historic significance with modern amenities, making it a popular destination for families, professionals, retirees, and investors.
Originally established during the 1850s gold rush, Bendigo has retained much of its architectural charm, with beautifully preserved heritage buildings, tree-lined streets, and iconic landmarks such as the Alexandra Fountain, Sacred Heart Cathedral, and the Central Deborah Gold Mine. This strong historical character is balanced by a contemporary lifestyle, featuring vibrant arts and cultural institutions like the Bendigo Art Gallery and the Ulumbarra Theatre.
Bendigo is also recognised as a major hub for education and healthcare in regional Victoria. It hosts a La Trobe University campus, excellent public and private schools, and the expansive Bendigo Hospital precinct - one of the largest regional healthcare facilities in the country.
Transport access is another key advantage. Residents benefit from a well-connected train service to Melbourne's Southern Cross Station via V/Line, with express services taking under two hours. The Calder Freeway offers efficient road travel, and Bendigo Airport supports limited domestic air routes, further enhancing regional connectivity.
As a growing regional centre, Bendigo supports a diverse economy with key industries in health, education, tourism, retail, and manufacturing. Local job opportunities and a relatively low cost of living continue to attract new residents, while ongoing infrastructure projects have helped to modernise services and boost the local property market.
With a strong sense of community, rich cultural events, weekend markets, festivals, and access to outdoor recreation in nearby national parks and lakes, Bendigo offers a uniquely balanced lifestyle - blending country warmth with city convenience.
According to the 2021 Australian Census, Greater Bendigo recorded a population of 167,764 people. The median age is 43 years.
There are approximately 75,370 private dwellings across the region. In terms of housing tenure, 66.9% of dwellings are owned - with 36.1% owned outright and 30.8% owned with a mortgage. Around 29.6% of dwellings are rented.
The median weekly household income is $1,432, and the median weekly rent is $300.
Source: Australian Bureau of Statistics - Bendigo 2021 Census
The city is rich in cultural attractions, including the Bendigo Art Gallery, historic landmarks like the Central Deborah Gold Mine, beautiful public gardens, and vibrant community events throughout the year.
Source: Bendigo Tourism
Bendigo offers a diverse range of real estate opportunities, from heritage homes in central precincts to modern residential estates on the outskirts. Whether you're a first-home buyer, investor, or downsizer, the market remains competitive and promising.
As of 2024, the median house price in Greater Bendigo is approximately $545,000, with increasing demand from Melbourne commuters and regional relocators.
Source: Realestate.com.au - Bendigo Suburb Profile
At Mark O'Shea Realty, we're proud to offer fixed-fee real estate services across the Greater Bendigo region. Our experienced local team is here to help with all your buying and selling needs - without the inflated commissions.