The grandstand at the Queen Elizabeth Oval, Bendigo is important for the following reasons:
- as a large, well-conceived and executed late nineteenth century period grandstand, one of the most notable in the state. This excellent example of a comparatively rare building type is in excellent condition.
- as an excellent example of the 'boom style' architecture of the Victorian central goldfields.
- as a notable design of JR Richardson, the Bendigo city surveyor
- for the quality of its workmanship and local materials including red brick and decorative ironwork cast by the foundry of Dunn and Redpath
- as a structure symbolic of regional community aspirations in late nineteenth century Bendigo
- as a structure symbolizing the importance of sport to a late nineteenth century regional Victorian community
- as an important component of the View Street streetscape.