Sedgwick hilltop home sells for $4.35m
It sold before anyone even knew it existed. Here’s the ‘wild’ market twist behind Bendigo’s new record.
A multimillion-dollar hilltop estate in Sedgwick has smashed Bendigo’s residential price ceiling, quietly changing hands for $4.35m before it even made it online.
The ultra-contemporary acreage home at 97 Noonan Drive drew its buyer from the first private inspection, with the deal secured that same day, setting a new record for the region and signalling a major shift in central Victoria’s prestige market.
Buxton Bendigo director Matt Leonard said the “wild sale, blew past” the city’s previous high-water mark by more than a million dollars.
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“It is huge, this creates a brand new benchmark not just for Sedgwick but for Bendigo as a whole,” Mr Leonard said.
“Hitting $4.3m officially sets the top price for any residential property in Bendigo’s history.”
Mr Leonard said the home never reached realestate.com.au before selling, with a coming-soon promo generating more than 83,000 targeted views before inspections even opened.
“It moved instantly, the very first inspection resulted in the sale,” Mr Leonard said.
“We didn’t even reach the open market, it all happened off the coming-soon rollout.”
Perched on more than 10ha at the crest of a sweeping hillside, the bespoke residence captures uninterrupted panoramas across the Sedgwick valley.
Mr Leonard said the views were “among the most extraordinary” he’d seen in his career.
“From the balcony you get one hundred and eighty degrees of outlook stretching more than a hundred kilometres,” he said.
“The sellers told me they watch Bendigo’s New Year’s Eve fireworks and faint flickers from Nagambie at the same time.”
The home’s design plays heavily into its setting, with full-height glazing, a dramatic glass pivot door, Austrian hardwood cabinetry, a suite of Gaggenau appliances and a hotel-style lower-level parents’ retreat known as “the Bunker”.
The Buxton Bendigo director said the owners completed the build in 2019 after years of gathering ideas overseas, just before lockdowns drew them into the property full-time.
“They wanted a haven that grounded them the moment they walked in,” Mr Leonard said.
“Every season the landscape transforms, you never get tired of it.”
Mr Leonard said the sale showed Bendigo’s luxury acreage market had entered a new era, now competing with lifestyle destinations such as the Macedon Ranges and Daylesford.
“People can work from home anywhere now,” he said.
“And if you can work remotely, why wouldn’t you do it from a place like Noonan Drive? Bendigo’s lifestyle acreage offering absolutely holds its own.”
Mr Leonard confirmed the result had already lifted confidence among prestige buyers and sellers, with another high-end listing launching this week at a price point never before seen in central Bendigo.
The Berkeley St home, a former Sandhurst Post Office relocated brick by brick to its current site, will hit the market with a $4.75m-$4.95m guide, becoming the city’s highest-priced residential listing.
“It is one of the grandest period homes in the district,” he said.
“We’d love to repeat the Noonan Drive magic, but with prestige homes strategy is everything.”
The Sedgwick residential sale surpasses the former Bendgio benchmark set by a $3.8m sale in Jackass Flat in 2022, resetting the city’s prestige ceiling by a significant margin.
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david.bonaddio@news.com.au
Originally published as Sedgwick hilltop home sells for $4.35m
