Suburb by suburb snapshot – Ironbark

The size of Ironbark is approximately 0.9 square kilometres and has two parks covering nearly 7.5 per cent of total area.

The population of Ironbark in 2011 was 1080 people and by the 2016 Census it was 1084, showing a slight growth of 0.4 per cent in the area during that time.

Ironbark is a suburb of Bendigo, two kilometres north-west of the city’s centre and was named after Ironbark Gully, the site of a rich alluvial gold digging that was fully occupied by miners by the middle of 1852.

Ironbark was the name given to several species of Eucalypt with dark, deeply furrowed bark.

Together with Long Gully to its north, Ironbark was an intensively mined area.

The Victoria Hill conservation area, west of the Loddon Valley Highway, is bare mined terrain with Hustlers Reef providing rich yields from 1853.

Hotels and businesses were established along Eaglehawk Road (now Loddon Valley Highway) and the Mount Korong Road (now Calder Highway).

In 1861 the Ironbark Hill Primary School opened and five years later another school opened on Violet Street (now Old Violet Street).

Until the Violet Street school was built pupils were taught in a Primitive Methodist chapel. Both schools operated until 1928 when Ironbark Hill closed, but before then (after Violet Street was enlarged) pupils overflowed into a Rechabites Hall and the Hopetoun Bandroom on Eaglehawk Road.

For many years Ironbark, once a prominent business centre, was part of Long Gully.

CoreLogic data indicates that the predominant age group in Ironbark is 20- 29 years with households being primarily childless couples and are likely to be repaying $1000 – $1399 per month on mortgages. In general, people in Ironbark work in a professional occupation.

In 2011, 59 per cent of the homes in Ironbark were owner-occupied compared with 57.2 per cent in 2016.

 

TIDBIT:

In 1999 Ironbark was gazetted as a separate suburb, positioned between Golden Square and Long Gully.

 

Population: 1084

Male: 50.2%

Female: 49.8%

Median age: 42

5-year population change: 0.4%

House median value: $509,000

Change in Median Price: (5yrs) is 69.3%

Median asking rent per week: $320

Average length of ownership: 9 years

Owner occupiers:58%

Renters: 42%

 

House median sale price:

May 2021: $470,000

May 2020: $320,000

May 2019: $315,000

May 2018: $310,000

May 2017: $300,000

 

House sales per annum:

Period ending May 2021: 29

Period ending May 2020: 30

 

Land median sale price:

May 2021: N/A

May 2020: N/A

 

Land sales per annum:

Period ending May 2021: 1

Period ending May 2020: 0