Suburb by suburb snapshot – Jackass Flat

Jackass Flat is approximately 2.9 square kilometres and has two parks covering nearly 24 per cent of total area.

The population of Jackass Flat in 2016 was 1124 and by the 2021 Census the population was 1907 showing a population growth of 70 per cent in the area during that time.

Until late last decade Jackass Flat was predominantly privately held large allotments with rural living and agriculture use, before the City of Greater Bendigo identified it as a new development area.

One of four such sites established during that time, the land was rezoned following amendment C60 and the Bendigo Residential Development Strategy.

As part of that plan 170 hectares of land on the northern fringe of Bendigo, in between the established urban spines of Epsom to the east and Eaglehawk to the west was set out for development.

The site was bound by Jobs Gully Road and the Neangar Park Golf Club to the west, Edwards Road to the south, Callahan Road, Howard Street and Bendigo Regional Park to the north and part of the Coliban Water aqueduct to the east.

The area is popular with the younger generation as the median age sits at 28 which is one of the lowest in the state.

It is also one of the few places in the state where renters outnumber owner occupiers.

The Jackass Flat Nature Conservation Reserve is significant biodiversity asset for the region and the state.

The reserve that was established in 1980 and managed by Parks Victoria is an important seed bank for many indigenous tree species within the reserve, including ironbark, red box and grey box.

Flowering shrub species include totem poles, violet honey-myrtle, common fringe-myrtle, sticky boronia, fairy wax-flower, goldfields grevillea, shrub violet and the rare star hair.

Other plant species include golden pennants as well as numerous orchids.

CoreLogic data indicates that the predominant age group in Jackass Flat is 20-29 years with households being primarily couples with children and are likely to be repaying $1400 – $1799 per month on mortgages.

In general, people in Jackass Flat work in a labourer occupation.

 

TITBIT:

The Jackass Flat Nature Conservation Reserve is a 73.4 hectare reserve that was established in 1980 and is managed by Parks Victoria.

Population: 1907

Male: 47.7%

Female: 52.3%

Median age: 28

5-year population change: 70%

House median value: $593,500

Change in Median Price: (5yrs) is 74.1%

Median asking rent per week: $432

Average length of ownership: 6 years

Owner occupiers: 45%

Renters: 55%

 

House median sale price:

June 2022: $522,500

June 2021: $432,000

June 2020: $338,500

June 2019: $321,250

June 2018: $303,000

 

House sales per annum:

Period ending June 2022: 44

Period ending June 2021: 59

 

Land median sale price:

June 2022: $174,000

June 2021: $133, 500

 

Land sales per annum:

Period ending June 2022: 5

Period ending June 2021: 42