Bonnie Doon, located in the Mansfield region of Victoria, is a charming locality known for its picturesque setting and welcoming community, making it an appealing place for potential homeowners and renters. The housing market in Bonnie Doon is characterized by its mix of holiday homes, family residences, and investment properties, with prices reflecting both the area's desirability and regional factors. Many properties offer stunning views of the surrounding countryside and are in close proximity to Lake Eildon, a significant draw for those interested in water-based leisure activities. The market tends to attract individuals and families seeking a peaceful, rural lifestyle, or those looking for a weekend retreat away from the hustle and bustle of the city.
Living in Bonnie Doon is often described as idyllic, with its residents able to enjoy a blend of tranquility and community spirit. The town, though small, provides essential services and amenities, and is known for its tight-knit community where neighbors often know each other by name. Life here is marked by outdoor recreation, with numerous opportunities for fishing, boating, and hiking. Its proximity to larger towns like Mansfield ensures that more substantial services, shopping options, and schooling are within an easy drive. The peaceful environment and natural beauty make Bonnie Doon a sought-after destination for those looking to escape urban living and embrace a more rustic, connected lifestyle.
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Thinking about buying in Bonnie Doon? Now could not be a better time, with 965 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $761,000 with prices in this suburb ranging from $177,000 to $2,022,000. The aproximate distance to the coast is 111 Km.
Consistent high demand relative to supply is a key feature in Bonnie Doon driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. 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 Bonnie Doon 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 Bonnie Doon 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 Bonnie Doon 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 Bonnie Doon 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.
Instant Property ValuationAmber Zeeta, 48 Pollock Avenue, Bonnie Doon, VIC, 3720 | 2 | 2 | 9 | $1,100,000 - $1,200,000 | |
3 Phillip Street, Bonnie Doon, VIC, 3720 | 3 | 1 | $580,000 | ||
47 Tanners Lane, Bonnie Doon, VIC, 3720 | 4 | 2 | 4 | $1,700,000 | |
1575 Maroondah Hwy, Bonnie Doon, VIC, 3720 | 0 | 0 | 0 | Lot 1 - 8 Lakeside Rise | |
62 Hells Hole Creek Road, Bonnie Doon, VIC, 3720 | 0 | 0 | 0 | $1,250,000 - $1,350,000 |
None within suburb boundary
(While the above schools are located with the suburb of Bonnie Doon there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.7 | 13.8 | 27.7 | 30.5 | 79.7 | 4.8 | 26.6 |
Feb | 1.7 | 13.8 | 26.3 | 35.6 | 82.6 | 4.5 | 22.3 |
Mar | 1.7 | 12.0 | 22.8 | 43.1 | 84.7 | 4.4 | 17.5 |
Apr | 1.9 | 9.3 | 18.3 | 49.4 | 86.9 | 4.0 | 13.2 |
May | 1.8 | 6.7 | 13.4 | 63.7 | 90.7 | 4.1 | 9.3 |
Jun | 2.0 | 4.6 | 10.2 | 71.6 | 92.9 | 4.0 | 7.1 |
Jul | 2.0 | 3.9 | 9.3 | 72.4 | 94.4 | 4.5 | 7.1 |
Aug | 2.0 | 3.8 | 10.3 | 64.3 | 93.3 | 4.6 | 10.2 |
Sept | 2.2 | 5.9 | 13.9 | 55.9 | 89.4 | 4.8 | 15.2 |
Oct | 1.6 | 7.8 | 17.6 | 49.2 | 87.1 | 4.8 | 20.6 |
Nov | 2.1 | 9.7 | 21.2 | 42.2 | 87.8 | 4.8 | 23.9 |
Dec | 1.7 | 11.8 | 24.9 | 32.8 | 82.4 | 4.8 | 26.9 |
source: Australian Government Bureau of Meteorology
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