Lot 5 - Maple Lane Rise - Bonshaw

Description

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Bonshaw, located in the City of Ballarat in Victoria (postcode 3352), is a small but fast-growing semi-rural suburb positioned on the southern edge of Ballarat. Originally named after an early sheep run owned by settler John Winter, the area has transitioned from farmland into part of the Ballarat West Growth Area, attracting ongoing residential development and new housing estates.

 With a population of around 949 (2021 census), Bonshaw offers a peaceful, open environment with rolling rural landscapes while still being close to Ballarat’s major amenities. The community is largely made up of families, most living in detached houses, and many properties are owned rather than rented.

 Because the suburb sits in a growth corridor, new estates, improved road infrastructure, and community upgrades continue to emerge, making it appealing for those seeking affordable housing close to Ballarat. Despite its growth, Bonshaw remains car-dependent and retains a quiet, semi-country atmosphere, giving residents a blend of suburban convenience and rural space.

• Property Type: Prestige House & Land
• Property Stage: N/A
• Price: $ 615,551.00
• Land Price: $ 230,000.00
• Build Price: $ 385,551.00
• Beds: 4
• Bath: 2
• Garage: 2
• Storey: 1
• Study: N/A
• Power Rooms: N/A
• MPR: N/A
• Powder Room: N/A
• Balcony: N/A
• Floor Plan: Melrose
• Completion: N/A
• Land Size: 371
• Area Size: 170.59
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 460.00
• Est. Body Corp.: N/A
• Title Status: N/A
• Gross Per Week: $ 460.00
• Gross Per Annum: $ 23,920.00
• Gross Yield: 3.89%
• Capital Growth 12 Months: -3.35%
• Capital Growth 10 Year Annualised: 6.24%
• Vacancy Rate: 1.38%