Back 196 Upper California Gully Rd
Off Market

196 Upper California Gully Rd

California Gully VIC 3556

3
1
3
840 m²
House
Last sold for $460,000
Darcy QuinnDarcy Quinn, last sold this property on 26 February 2026 after 20 days on market.

Overview

Endless Potential on a Sizable 840sqm Block - Renovate, Invest or Develop (STCA)

Location - The Drawing Room Bendigo Positioned in a rapidly growing pocket of California Gully, this solid three-bedroom residence presents an outstanding opportunity for investors, renovators, or developers seeking a genuine value-add project on a generous allotment. Set on approximately 840sqm with wide frontage and clear side access, the property offers excellent scope for future subdivision into two or potentially three lots (STCA), making it a standout option for those looking to capitalise on land size and location. The existing cement sheet clad home is in tidy, serviceable condition and has enjoyed a strong rental history, allowing buyers to lease as-is while planning future improvements or redevelopment. Internally, the functional floor plan comprises three bedrooms, a central bathroom, separate living and dining zones, and a practical kitchen, providing a solid foundation to renovate or modernise over time. To the rear, a large covered alfresco and deck area creates an inviting outdoor space, overlooking the expansive backyard-ideal for families, tenants, or future development flexibility. Conveniently located in a high-growth corridor, the property is just a 3-minute drive to Eaglehawk Township with its shops, schools, and amenities, and only approximately 10 minutes to the Bendigo CBD, ensuring strong ongoing demand from renters and buyers alike. A rare entry-level opportunity offering land, location, and upside-whether you're looking to renovate, invest, or explore development potential (STCA), 196 Upper California Gully Road is not to be missed.

Features

3 bedrooms
1 bathroom
3 carspaces
2 carport spaces
1 garage space
840 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in California Gully over the last 12 months, the estimated median property value of 196 Upper California Gully Rd is $560k.

Median value
$560k
Estimated value range
$276.5k - $780k
Median days on market
27
Estimated value trend
22%
increase over the last 12 months
Average days on market is based on recent, comparable sales in California Gully. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 196 Upper California Gully Rd

2026
Sold
$460,000
26 Feb 2026 by Darcy Quinn, of Ray White Bendigo
2022
Rented
Undisclosed
Leased on 10 May 2022 by Ray White Bendigo
2022
Sold
$396,000
11 Apr 2022 by Darcy Quinn, of Ray White Bendigo

Happy sellers in California Gully

90%
90% of sellers in California Gully reported that their sale price either exceeded or met their price expectations.

California Gully stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in California Gully over the last 12 months.

Local market activity for 3 bedroom houses in California Gully

In the last 12 months, 44 three-bedroom houses similar to 196 Upper California Gully Rd, have been sold.

This represents a 16% increase in three-bedroom houses sales when compared to the previous 12 months.

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