Regional Victoria property boom

Robertson Hyetts reports a 67 per cent rise in property transactions over summer in Bendigo, in comparison to the same time last year. First home buyers, families and retiring baby boomers are part of the noticeable wave of regional migration after COVID-19.

Robertson Hyetts Director Janelle Brown said that Spring and Summer were some of the firm’s busiest. “We saw a big increase in buyers purchasing vacant land in Spring and that didn’t slow down over the Summer.

“They’re plotting a move to Bendigo and Castlemaine, where they can split their working week between home and office. “The lockdowns appear to be prompting people to reassess their living and working lifestyle, whether that be a desire to continue working from home for part of the week, or wanting a larger garden for their children to play in,” said Janelle.

The property market in Bendigo & Castlemaine has gone ahead really fast in recent years. It has great proximity to Melbourne, regional Victoria, and to the New South Wales border. “Regional Victoria has plenty to offer in terms of work and lifestyle benefits for those dreaming of more space, while still being close to Melbourne.

“Our clients are telling us that securing their ideal parcel of land, or dream house, is becoming more important to them,” said Janelle.

If you are planning a move to Regional Victoria, contact us today in Bendigo or Castlemaine.