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Suburb by suburb snapshot – Maiden Gully

September 4, 2021 BY

Maiden Gully Community Centre.

Maiden Gully is approximately 41.7 square kilometres and has four parks covering nearly 4.9 per cent of total area.

The population of Maiden Gully in 2011 was 4401 people and by the 2016 Census grown to 4953, showing a population growth of 12.5 per cent in the area during that time.

Maiden Gully is a rural residential township and district on the Calder Highway seven kilometres west of Bendigo.

It was the site of a gold discovery in 1859 and was associated with nearby Myers Flat.

This four-bedroom Maiden Gully home built in 2018 sold recently for $730,000.

The origin of Maiden Gully’s name is unclear, the actual gully is in a forested area one kilometre north of the township.

For its first 63 years the Myers Creek school intermittently opened and closed, indicating the small population of the district.

After re-opening in 1938, with its present name, the school has functioned continuously, and had over 190 pupils in 1998, 418 in 2006 and 494 in 2014.

Maiden Gully has a caravan park, the Balgownie Vineyard (1969), a hall, a recreation reserve with cricket and tennis clubs, the Eaglehawk golf course and a general store and post office.

Plans were made in 2014 to subdivide a site on Edwards Road for housing development and the land was rezoned from farming to residential.

CoreLogic data indicates that the predominant age group in Maiden Gully is 0-9 years with households being primarily couples with children and are likely to be repaying $1800 – $2399 per month on mortgages. In general, people in Maiden Gully work in a professional occupation.

In 2011, 90.4 per cent of the homes in Maiden Gully were owner-occupied compared with 89.2 per cent in 2016.

 

TITBIT:

The primary school was originally named Myers Creek from its opening in 1875 until 1938, when it was renamed Maiden Gully.

 

Population: 4953

Male: 50.3%

Female: 49.7%

Median age: 35

5-year population change: 12.5%

House median value: $767,000

Change in Median Price: (5yrs) is 44.3%

Median asking rent per week: $440

Average length of ownership: 7 years

Owner occupiers:92%

Renters: 8%

 

House median sale price:

May 2021: $652,500

May 2020: $520,000

May 2019: $515,000

May 2018: $485,000

May 2017: $482,500

 

House sales per annum:

Period ending May 2021: 85

Period ending May 2020: 63

 

Land median sale price:

May 2021: $267,500

May 2020: $188,000

 

Land sales per annum:

Period ending May 2021: 23

Period ending May 2020: 16