It’s no secret that Bendigo and Victoria in general, are running out of land for new home developments.
Bendigo’s ever-growing population has attributed to an increase in new housing estates spreading throughout Bendigo’s outer suburbs such as Huntly, Maiden Gully, and Marong, but with a price tag to match.
“Over the course of the pandemic, median lot prices in regional Victoria are up by 64.9 per cent. These are not normal increases – they are among the fastest rates of increase in the last two decades.
Fiona Nield, HIA Executive Director Victoria
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At Lansell’s, we have seen an increase in battle axe blocks with people subdividing and taking advantage of the land boom. These blocks are a perfect solution to building in sought after suburbs where land is practically non-existent.
The Bendigo Advertiser reported last year that “LAND to build in Bendigo is so scarce agents say they are selling blocks a year away from receiving the title because buyers are so keen.”
Lansell Homes have land for future estates that will see us through the next 5 years with land in Huntly, Maiden Gully, Golden Square, Kangaroo Flat, North Bendigo, and Marong.