Spring Gully (VIC 3550): property prices & suburb profile
Greater Bendigo LGA · Latest published data October 2025 · Page updated August 2026 · Public government records
Spring Gully property prices
The typical Spring Gully house sold for around $652,000 in the year to 2025-Q4, +82.9% over 10 years and +65.6% over 5 years.
Change in medians published by the Victorian Valuer-General · rolling year to 2025-Q4 for recent horizons, yearly medians to 2024 further back
View as table
| Period | Houses (yearly + recent quarters) | Units (yearly + recent quarters) |
|---|---|---|
| 2013 | $345,000 | $197,500 |
| 2014 | $350,000 | $235,000 |
| 2015 | $350,000 | $210,000 |
| 2016 | $350,000 | $220,000 |
| 2017 | $390,000 | $306,500 |
| 2018 | $400,000 | $281,500 |
| 2019 | $386,500 | $285,000 |
| 2020 | $440,000 | $335,000 |
| 2021 | $552,500 | $350,000 |
| 2022 | $610,000 | $275,000 |
| 2023 | $700,000 | $387,500 |
| 2024 | $640,000 | $392,500 |
| Apr 2024 | $632,500 | $335,500 |
| July 2024 | $590,000 | $457,800 |
| Oct 2024 | $715,000 | $376,000 |
| 2025 | $605,000 | $463,800 |
| Apr 2025 | $616,300 | |
| July 2025 | $650,000 | $392,500 |
| Oct 2025 | $715,000 | $500,000 |
- Medians are published by the Victorian Valuer-General per suburb; we do not have individual sale records for this state, so there is no street-level breakdown on this page (our New South Wales pages have one).
- The headline figure is a sales-weighted average of the last four quarterly medians, not a median of individual sales, because one quiet quarter in a single suburb can move a quarterly median by more than the market did. The chart below plots each quarter as published.
- The Victorian Valuer-General yearly file currently ends at 2024; newer points on the chart and the short-horizon changes come from the quarterly file.
- Change over time reflects what sold in each period, not the value of any one home: a run of large or small homes moves it.
- Periods with fewer than 5 recorded sales are excluded.
Spring Gully medians by quarter
The most recent quarter on record for Spring Gully is 2025-Q4.
| 2025-Q4 | Unit | $500k | 12 |
| 2025-Q4 | House | $715k | 15 |
| 2025-Q3 | Unit | $393k | 7 |
| 2025-Q3 | House | $650k | 7 |
| 2025-Q2 | House | $616k | 10 |
| 2025-Q1 | Unit | $464k | 8 |
| 2025-Q1 | House | $605k | 12 |
| 2024-Q4 | Unit | $376k | 8 |
| 2024-Q4 | House | $715k | 10 |
| 2024-Q3 | Unit | $458k | 12 |
| 2024-Q3 | House | $590k | — |
| 2024-Q2 | Unit | $336k | — |
- Sale counts are shown so you can judge how solid each median is.
Who lives in Spring Gully
Spring Gully has a median age of 45 and a median household income of $1,543 a week.
- Figures labelled Spring Gully are for the suburb boundary itself (ABS 2021 Census). Anything labelled SA2 or postcode covers a wider area: SA2 "Flora Hill - Spring Gully" and postcode 3550 both extend beyond Spring Gully.
- SEIFA decile 1 is the lowest tenth of Australian areas on that index and 10 the highest. The four indices measure different things and often disagree, which is why all four are shown: a suburb can rank high on education and occupation while ranking mid on economic resources.
Suburbs near Spring Gully
Spring Gully's typical house price of $652,000 is the 25th highest of the 117 Regional Victoria suburbs we cover.
Alexandra 3714
$556,000 typical house price
Alfredton 3350
$622,000 typical house price
Ararat 3377
$395,000 typical house price
Bairnsdale 3875
$463,000 typical house price
Ballarat Central 3350
$668,000 typical house price
Ballarat East 3350
$532,000 typical house price
Ballarat North 3350
$555,000 typical house price
Baranduda 3691
$656,000 typical house price
Spring Gully: common questions
- How much does a house cost in Spring Gully?
- About $652,000 across the 12 months to 2025-Q4, from 44 recorded sales. That is a sales-weighted average of the four quarterly medians published by the Victorian Valuer-General: a single quarter in one suburb can swing on a handful of sales.
- Have Spring Gully prices gone up?
- Prices have risen 82.9% over 10 years and moved +65.6% over 5 years, comparing the latest rolling year with the same window a decade earlier. These movements reflect the mix of homes sold, not the change in value of a specific property.
- What do units cost in Spring Gully?
- The typical unit price was around $442,000 across the 12 months to 2025-Q4: a sales-weighted average of the quarterly unit medians, from 35 sales.
- Can I see Spring Gully prices street by street?
- Not yet. VIC publishes suburb-level medians rather than individual sale records, so street-level medians are only available on our New South Wales pages.
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Data sources
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This page summarises public government datasets for general information. It is not financial, legal or property advice, figures can contain source errors, and postcode or SA2 statistics cover a wider area than the suburb itself. Flood and bushfire overlays are not yet loaded for VIC pages, so the absence of a risk section is a data gap, not an all-clear: always check the vendor statement and planning certificate. Verify anything material independently before acting on it.