Why Live in Goornong?

Spacious, affordable, surrounded by nature, and within a reasonable commute of Bendigo, Goornong is an appealing destination for families, professionals, and retirees alike. 

If you like rural charm and peaceful surroundings, there’s plenty of that in the Goornong area. This is balanced with schools, shops, and a growing community, so you can enjoy the laid-back rural lifestyle while still having easy access to local amenities and social events.

Good transport links are also important to note when looking for houses for sale in Goornong. The V/Line regional train goes regularly from Goornong Railway Station, connecting commuters to Bendigo as well as Melbourne. There are also regular buses connecting Goornong to Bendigo and the surrounding areas. 

Commutable and affordable, Goornong is a great option for first-time home buyers. It’s also ideal for professionals or families seeking more space.

Goornong Property Market Overview

Goornong is renowned for space. If you’re looking for property for sale in Goornong, you’ll find plenty of rural estates and detached houses with acreage. You’ll also find lifestyle blocks, family homes, mixed farming properties, and private residential land where you can build.

Prices for real estate in Goornong can vary significantly, depending on the size of the property and land. However, you can find smaller houses on a large lot for around $400,000, and more substantial family homes for around $700,000. Larger estates, acreage blocks, and top-end mixed farming properties can range between $500,000 and $5 million.  

While price ranges vary, Goornong is considered more affordable than Bendigo and its suburbs. So, if you’re looking for more space or want an affordable first home within a commutable distance of Bendigo, it’s worth taking a look at houses for sale in Goornong.

Renting or Investing in Goornong

Although Goornong is a great place to buy and settle with the family, it’s also an excellent option for renters. When looking at houses for rent in Goornong, you can expect to find 3–4 bedroom houses for around $470–$520 per week, making it a very affordable alternative to Bendigo and greater Melbourne. It’s worth noting, however, that owner-occupier rates are high in the area, so when you do see available houses for rent, you should move quickly.

Purchasing a house in Goornong can be a great investment, since owner-occupier rates are so high. They can bring a strong gross rental yield, especially for smaller homes and units. Goornong also has a stable community with a much less transient population than more urban areas, making it ideal for long-term tenants. And, with transport and amenity improvements in recent years, the area is forecasted for population growth in future.