The record-breaking $2.97 million Strathfieldsaye estate for the suburb is directly adjacent to the National Park’s protected bushland.
Melbourne entrepreneurs have broken Strathfieldsaye’s house price record at $2.97 million, almost four times the suburb’s median of $765,000.
Whitehaven’s sales at 7 Cooper Grove exceeded the suburb’s previous benchmark by $270,000. It was the third record result in the Bendigo region in the past year, signaling a clear shift at the top end.
PropTrack data shows Strathfieldsaye’s average house price is $765,000, up 7.4 per cent in the past 12 months.
The nearly $3 million result places the suburb in a prestige class well above the statistical norm.
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First National Bendigo director Darryn O’Keefe said the strength of sales reflected tighter supply in the city.
Mr O’Keefe said Bendigo was facing a 20 per cent housing shortage, increasing competition for quality homes.
“If supply is tight and demand remains strong, the market will hold,” he said.
He said hybrid work continued to drive buyers from Melbourne to regional Victoria.
“Hybrid work has changed everything,” Mr O’Keefe said.
Resort style swimming pool surrounded by landscaped gardens offering total privacy on a 4250 m² plot.
Expansive open plan dining and kitchen area designed for large scale entertaining and family living.
“People can earn an income in Melbourne while living regionally.
“The commute is still achievable one and a half to two hours, so if they only travel a few days a week, they can enjoy an exceptional lifestyle the rest of the time.”
Mr O’Keefe said Bendigo’s infrastructure, education and relative affordability compared to Melbourne attracted successful buyers who could maintain the metro’s earning power while living regionally.
Architectural renovation combines modern finishes with long-established landscaped environments.
High-quality kitchen with high-quality appliances and generous work space in the heart of the house.
The buyers were originally from Bendigo and returned after building successful businesses in Melbourne, where they took part in a campaign that lasted less than three weeks.
The property sits on a 4250 square meter plot and borders directly on the protected bushland of the National Park, providing permanent natural views and privacy that cannot be replicated in modern subdivisions.
Mr O’Keefe said two genuine buyers competed with each other in the second and third weeks, despite the $2.97 million price tag.
The prestigious Whitehaven estate covers 4,250 m² in tightly occupied Strathfieldsaye.
Light-filled living room overlooking manicured grounds and the backdrop of the National Park.
“There was very strong interest for that award in Bendigo,” he said.
“In addition to the scale and the boundary of the National Park, the established terrain proved to be decisive for buyers who had previously considered construction.
“You could build a house, but you can’t recreate a 20-year-old garden.”
The home was extensively renovated and expanded four years ago and includes a dedicated studio space previously used by the seller as a workspace for artists.
A dedicated studio extension adds flexible creative space or home workspace.
A poolside entertainment area positioned for seamless indoor-outdoor hosting.
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