Bonshaw Real Estate, VIC, 3352 Ballarat

Thinking about buying in Bonshaw? Now could not be a better time, with a whopping 708 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $711,000 with prices in this suburb ranging from $147,000 to $2,268,000.

Distance to the coast is 72 Km.

Bonshaw Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Bonshaw due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Bonshaw changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Bonshaw to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Bonshaw the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

About

For Sale

Barry Plant 76 TAIT ST, BONSHAW, VIC, 3352 $320,000 - $340,000
Buxton 10 SORREL AV, BONSHAW, VIC, 3352 4 2 2 $550,000 - $570,000
Harcourts 42 BERRIGAN DR, BONSHAW, VIC, 3352 4 2 2 Contact Agent
PRD 70 WEBB RD, BONSHAW, VIC, 3352 Contact Agent

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Local Schools


Bonshaw Public School

(While the above schools are located with the suburb of Bonshaw there may also be nearby schools whose catchments cover this suburb)

Local Crime Stats


Average Local Climate by month


(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.311.827.429.591.95.825.9
Feb1.412.226.135.593.95.821.7
Mar1.110.623.438.195.25.516.8
Apr1.57.818.649.596.94.812.3
May1.85.414.163.597.95.08.7
Jun1.93.611.274.099.04.97.2
Jul2.13.410.574.398.95.77.5
Aug1.93.311.665.198.45.610.4
Sept2.24.614.358.197.15.614.4
Oct1.66.518.149.696.45.419.8
Nov1.68.320.844.796.55.322.6
Dec1.310.324.633.793.85.625.5

source: Australian Government Bureau of Meteorology

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