Back 60 Peg Leg Road
Off Market

60 Peg Leg Road

Eaglehawk VIC 3556

3
1
4
506 m²
House
Last sold for $290,000
Ella DouchElla Douch, last sold this property on 14 August 2025 after 29 days on market.

Overview

Endless Potential in Prime Eaglehawk Location - Triple Frontage Block

Located right in the heart of Eaglehawk, this classic miners cottage sits on a versatile 506sqm (approx.) allotment with three street frontages - a rare setup that opens the door to a range of exciting possibilities (STCA). Whether you're an investor looking for a development site, a renovator chasing your next project, or simply someone wanting to get into a well-positioned pocket of Bendigo at an affordable price, this property is worth a closer look. The home itself is older and fairly original - what you see is what you get. Offering a functional 3-bedroom, 1-bathroom layout, it's liveable as-is while plans are made to update, extend or subdivide (STCA). There's no denying the house needs work, but the bones are there and the scope to modernise or add value is clear. What really sets this property apart is the land. With frontages to Peg Leg Road, Honeysuckle, and Lester Street, the access and flexibility for future development is second to none. Subject to council approval, there's potential for subdivision, a dual occupancy setup, or a brand-new build that takes full advantage of this prime corner position. The location adds even more appeal. You're just a short walk to Eaglehawk's main street, shops, supermarket, cafés, parks, and local amenities. It's a tightly held, character-filled neighbourhood that continues to grow in popularity. Affordable opportunities like this don't come up often in such a central and convenient location. If you're looking for a solid block with big upside, this one has all the makings of a standout project or long-term investment. In-Room: The Drawing Room at 79 Olinda Street, Quarry Hill please contact the listing agent for more information

Features

3 bedrooms
1 bathroom
4 carspaces
2 carport spaces
2 garage spaces
506 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Eaglehawk over the last 12 months, the estimated median property value of 60 Peg Leg Road is $595k.

Median value
$595k
Estimated value range
$260.01k - $760k
Median days on market
30
Estimated value trend
20%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Eaglehawk. 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 60 Peg Leg Road

2025
Sold
$290,000
14 Aug 2025 by Ella Douch, of Ray White Bendigo

Happy sellers in Eaglehawk

98%
98% of sellers in Eaglehawk reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 10 reviews in Eaglehawk over the last 12 months.

Local market activity for 3 bedroom houses in Eaglehawk

In the last 12 months, 53 three-bedroom houses similar to 60 Peg Leg Road, have been sold.

This represents a 4% increase in three-bedroom houses sales when compared to the previous 12 months.

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