The City of Greater Bendigo has released a draft Disposal and Acquisition of Property Policy for community comment on its Let’s Talk community engagement website.
The Disposal and Acquisition of Property Policy will partly replace the Assets and Surplus Land Disposal Policy 2017 with a separate Asset Disposal Policy to be developed and presented to Council in the future.
City of Greater Bendigo Director Presentation and Assets, Brian Westley said the aim of the draft policy is to provide a framework to guide the City in its future decision making relating to the disposal and acquisition of properties.
“The City of Greater Bendigo owns and manages an extensive property portfolio and regularly reviews its existing property holdings,” Mr Westley said.
“Properties owned by the City are valuable public assets and it is essential that they are used to maximise the social, environmental, and economic benefits to the Greater Bendigo community.
“When making decisions about buying or disposing of property, the City must consider the wider needs of the community, and the draft policy provides a clear framework to guide those decisions.
“While the requirements and processes on how the City sells and acquires land are already controlled by a variety of legislation, including the Local Government Act 2020, the Subdivision Act 1988 and the City’s Financial Plan 2025–2035 and Asset Plan 2025–2035 the policy will help make all of these requirements clear in one central document.
“The draft policy is important because it will provide a consistent, equitable and transparent process in relation to the sale and acquisition of properties while aligning with best practice guidelines and complying with legislative requirements.
“It will also guide the strategic management of the City’s property portfolio for the long-term best interests of the community and help the City to achieve best value, both financial and non-financial, in all its property dealings.”
The City owns about 1,500 buildings, structures and aquatic facilities worth $790 million. These are part of a total asset portfolio of $3.6 billion.
Members of the community can provide feedback on the draft policy on the City's Let's Talk website until Monday May 18, 2026.
For more information, or to provide feedback, visit: