8 Rivulet Road

Bonshaw VIC 3352

Ballarat is located just over an hour by train west of Melbourne and is Victoria's largest inland city. Surrounded by gold rush heritage, renowned wineries and creative arts. As a tree change hotspot with infrastructure projects rapidly on the rise, Ballarat's population is booming and it's fast capturing the attention of property investors.
For locals, bushwalks, leafy streets, parks and gardens create a haven of nature-filled lifestyle choices.
The region has an estimated 45,800 jobs. The under-construction Ballarat West Employment Zone is a business district set to drive economic growth over the next 20 years, and support a further 450 permanent jobs across a range of sectors. With rapid population growth and tonnes of infrastructure works, Ballarat has become the strongest market in Victoria.
Ballarat offers everything that metropolitan areas can offer businesses, and more. Greenfield development opportunities, established commercial and industrial facilities, excellent transport connectivity, loyal and highly-skilled workforce, secure utilities including high speed NBN, and strategic planning to support future growth.

About the Property

- House and land package - 2-part land and build contracts
- Land area is 418sqm and land is registered
- Home is 4.4.2 | 3P + OOA
- Full turnkey.
- Fast build times

The Market

Median house price
2021 - $530K - up 13.3%
2022 - $570K - up 7.5%
Vacancy rate - 1.55%
Rental population - NA

The Key Numbers

As of July 2023 the SDA pricing will be increased, this includes High Physical Support, Improved Liveability, and Robust. For an in-depth explanation of the new pricing, talk to our sales team.

High Physical Support
SDA Income - $85,326 per participant
MRRC - $11,000 per participant
Location Factor - 0.95
Potential Total Income | $183,941
Potential Yield - 19.4%

Improved Liveability
SDA Income - $70,995 per participant
MRRC - $11,000 per participant
Location Factor - 0.95
Potential Total Income | $156,712
Potential Yield - 16.5%

*Please note that these numbers are based on 2 participants only. Numbers will vary for 3 participants.

Ready to get started?

Get in touch. You can secure this property with just $2,000 initial deposit. Make your move soon though as this is going to sell quickly.

Disclaimer
We have in preparing this information used our best endeavours to ensure the information that has been provided is true and accurate. The images and renders provided in this listing by the builder are for illustrative purposes only. They may contain fixtures, furniture or finishing not available for this design. Clients need to refer to the building contract for specific details on specifications and inclusions specific to any property. Specifications and inclusions are subject to change over time. Meridien Group does not accept any responsibility for variations to specifications ad inclusions made by the builder. Financial information is an estimate only and is not warranted or guaranteed. Refer to investment reports for specific details.