What’s your Spring Gully home worth?

A home in Spring Gully is usually compared against recent sales of similar homes nearby, including suburban homes that back onto state forest bushland near the reservoir. Our free, no obligation appraisal gives you a written price range based on those comparable sales.

  • $645,000median house price, Spring Gully, 2025
  • 7 kmfrom our office in East Bendigo
  • Freeno obligation. The visit can take as little as 10 minutes

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What a Spring Gully home is worth, and why

Spring Gully grew with Bendigo’s urban expansion from the 1970s. It backs onto State Forest that forms a catchment for the Spring Gully Reservoir. Spring Gully Primary School, a general store and a retirement village are in the suburb. Units sell here as well as houses. Some homes back onto the bushland while others sit further into the suburb. A fair comparison uses recent sales of similar homes in a similar setting.

The Valuer-General’s 2025 median house price for Spring Gully was $645,000, up 1% on 2024 and up 84% on 2015. The 2025 median unit price was $452,500, up 15% on 2024 and up 116% on 2015. A median is the middle sale of the year across all kinds of homes, so it is only a starting point. The price of a single home depends on its size, condition and setting. An agent visit, which can take as little as 10 minutes, covers those details.

Map data © OpenStreetMap contributors.

House prices in Spring Gully

$645,000Median house price, Spring Gully, 2025+1% on 2024
+84%House price growth, 2015 to 2025from $350,000
$452,500Median unit price, Spring Gully, 2025+15% on 2024

Source: Valuer-General Victoria, Victorian Property Sales Report, houses and units by suburb 2015 to 2025, CC BY 4.0. A suburb median is a starting point, not an appraisal of your home. More on living in Spring Gully.

The appraisal

  1. A look at your home

    An agent visits and walks through the home with you: the land, the layout, the condition and anything you have added.

  2. The evidence

    We pull the recent comparable sales near you in Spring Gully and the homes you would be competing with now.

  3. A price range, in writing

    You get a written price range and the sales it is based on, so you can see how we got there.

  4. What would lift it

    We tell you honestly which jobs are worth doing before you sell and which are not.

About appraisals in Spring Gully

More for owners

What is the median house price in Spring Gully?

The 2025 median house price in Spring Gully was $645,000, according to the Valuer-General. The 2025 median unit price was $452,500.

Have Spring Gully house prices gone up?

Yes. The 2025 median house price of $645,000 was up 1% on 2024 and up 84% on 2015, according to the Valuer-General.

Is the appraisal really free?

Yes. A sales appraisal from PH Property is free and there is no obligation to sell or to list with us.

How long does an appraisal take?

The visit can take as little as 10 minutes. We then send you a written price range with the recent comparable sales nearby that it is based on.

Do I have to pay for marketing upfront if I sell?

No. If you sell with PH Property we hold your marketing costs for up to three months or until settlement, whichever comes first.

Find out what your Spring Gully home is worth

A free appraisal from a local agent, priced from real recent sales near you.