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Quarry Hill suburb profile

Quarry Hill is a charming suburb located just south of Bendigo's city centre in Victoria, known for its historic character and leafy streets. This suburb offers a peaceful residential environment with a mix of period homes and modern developments, attracting families and professionals alike. Quarry Hill is well-regarded for its community spirit, with local parks, schools, and amenities contributing to its appeal. Its proximity to Bendigo's vibrant cultural and commercial hubs ensures residents enjoy both tranquility and convenience. The suburb's rich history and welcoming atmosphere make it a desirable place to live.

Quarry Hill property market performance

Quarry Hill's property market has shown modest growth over the past 12 months, with house values increasing by 3.0%, bringing the median house price to $585,000. The unit market remains stagnant with no change in median value, reflecting limited activity in this segment.

Sales activity has been relatively low, with 17 houses and just 1 unit sold in the past 12 months. Houses are selling at a steady pace, with a median of 36 days on the market, while the unit market lacks sufficient data to determine trends.

The rental market in Quarry Hill has experienced moderate growth, with house rents increasing by 6.7% and unit rents by 6.8% over the last 12 months, indicating a consistent demand for rental properties in the area.

HousesUnits
Median price
Past 3 months
$623KN/A
Change in value
Past 12 months
13.4%N/A
Sold
Past 3 months
192
Median days on market
Past 12 months
35N/A
Average rent
Past 12 months
$490$390
Change in rent
Past 12 months
8.9%5.4%

5 year median price trend for houses and units

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Quarry Hill demographics

Quarry Hill, located in the regional city of Bendigo, Victoria, is a charming suburb known for its historical significance and community-oriented lifestyle. With a population of 2,365, it offers a peaceful environment that appeals to families and retirees alike. The median age of 40 suggests a mature community, with a balanced mix of working professionals and families who appreciate the suburb's serene atmosphere and proximity to Bendigo's amenities.

Housing in Quarry Hill is characterized by a blend of ownership and rental options. Approximately 34% of properties are owned outright, reflecting a stable community with long-term residents. Meanwhile, 29.8% of homes are owned with a mortgage, indicating a healthy influx of new homeowners. The rental market, comprising 36.2% of properties, provides flexibility for those not ready to commit to homeownership, including young families and professionals.

Family dynamics in Quarry Hill are diverse, with couple families with children making up 38.5% of the population, while couple families without children account for 41%. This balance highlights the suburb's appeal to both growing families and those enjoying a quieter lifestyle. One-parent families represent 19% of the community, adding to the suburb's inclusive and supportive environment. Quarry Hill's blend of historical charm, community spirit, and convenient location makes it a desirable place to call home.

Suburbs near Quarry Hill

Some popular suburbs near Quarry Hill include:

  • Flora Hill: Known for its educational institutions and green spaces, Flora Hill is located directly east of Quarry Hill.
  • Spring Gully: Offering a blend of natural beauty and residential areas, Spring Gully is situated to the south of Quarry Hill.
  • Golden Gully: Known for its historical significance and quiet residential streets, Golden Gully lies to the southwest of Quarry Hill.
  • Bendigo: A vibrant regional city with rich history and cultural attractions, Bendigo is located directly north of Quarry Hill.
  • Kennington: Featuring a mix of shopping and residential areas with excellent amenities, Kennington is situated to the northeast of Quarry Hill.

How does Quarry Hill compare to nearby suburbs?

  • Median house prices: Quarry Hill’s median house price is 1.5% lower than Flora Hill’s.
  • House price growth: Over the past 12 months, house prices in Quarry Hill have grown 1.3% higher than in Flora Hill.
  • Selling speed for houses: Properties in Quarry Hill are selling 20.5% faster than in Bendigo.

Choose the right real estate agents in Quarry Hill

In Quarry Hill ,42 agents are actively selling property, but a small number do the heavy lifting. Just 5 agents handled 28.8% of all sales in the past year, giving them a strong presence and deep experience in the local market.

Commission rates usually sit between 2% and 3.13%. Comparing agents and understanding what’s included in their fee structure can help you find the right mix of service, value, and motivation—without compromising on outcomes.

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