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Suburb by suburb snapshot Maiden Gully

April 15, 2023 BY

This three-bedroom Maiden Gully home sold recently for $740,000.

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 2016 was 4953 and by the 2021 Census it had increased to 5518 showing population growth of 12 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.

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 established in 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 likely to be repaying on average $1690 per month on mortgages.

In general, people in Maiden Gully work in a professional occupation.

TITBIT:

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

 

Population: 5,518

Male: 50%

Female: 50%

Median age: 37

5-year population change: 12%

House median value: $803,000

Change in Median Price: (5yrs) is 60%

Median asking rent per week: $420

Average length of ownership: 7 years

Owner occupiers: 92%

Renters: 8%

 

House median sale price:

December 2022: $760,000

December 2021: $748,000

December 2020: $589,000

December 2019: $508,750

December 2018: $518,000

 

House sales per annum:

Period ending December 2022: 51

Period ending December 2021: 69

 

Land median sale price:

December 2022: $445,000

December 2021: $425,000

 

Land sales per annum:

Period ending December 2022: 16

Period ending December 2021: 13