The post-budget guide to commercial property investing

Inglewood

POSTAL CODE: VIC, 3517
HOUSE

INGLEWOOD, 3517 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in VIC have risen as a whole, pulling INGLEWOOD, 3517 values up and netting property investors a capital gain of 5.22% for the past year.

Investors saw the median home price rise to $423,500.

Profits due to an upward trend in home prices in the suburb averaged 0% per annum over a 3-year period.

INGLEWOOD now ranks at the 200th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in INGLEWOOD are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of N/A based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In INGLEWOOD, homes and units usually stay on listing for an average of 58.7 days.

In 2016, 16 properties were sold in INGLEWOOD during the past year, making it the 564th most active market in VIC based on total real estate transactions.

Surburb overview

Inglewood is a regional township in central Victoria, approximately 210 kilometres north-west of Melbourne’s CBD and about 50 kilometres north-west of Bendigo within the Loddon Shire. Established during the Victorian gold rush of the 1850s, the township retains a rich goldfields heritage and continues to serve as an important service centre for the surrounding agricultural district. Inglewood is situated on the traditional lands of the Dja Dja Wurrung people.

According to the 2021 Australian Bureau of Statistics Census, Inglewood had a population of 1,058 people with a median age of 55 years. Detached houses comprise the predominant housing type, with a mix of heritage residences, established family homes and rural lifestyle properties. The township supports a stable regional community, with agriculture, retail, tourism and community services contributing to the local economy.

Road access is provided via the Calder Highway and Loddon Valley Highway, connecting Inglewood with Bendigo, Bridgewater on Loddon, Kerang and Melbourne. Public transport includes V/Line coach services linking the township with Bendigo and neighbouring communities, while the nearest V/Line rail services operate from Bendigo, providing regular connections to Melbourne. Private vehicles remain the principal mode of transport for residents due to the regional location.

Inglewood provides a range of essential services, including a supermarket, medical centre, pharmacy, primary school, cafés, retail businesses, sporting facilities and community amenities. Additional secondary education, tertiary education, government services and specialist healthcare are available in nearby Bendigo, which serves as the principal regional centre for the district.

The township offers a variety of recreational and cultural opportunities. Residents and visitors have access to parks, sporting reserves, walking tracks and cycling routes. Nearby attractions include Kooyoora State Park, Melville Caves and the Inglewood Historic Precinct, which reflects the area's goldfields history. The surrounding Loddon region also provides opportunities to explore nature reserves, regional wineries, local markets and seasonal community events, supporting a diverse range of outdoor and cultural activities throughout the year.

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