84 Tait Street, Bonshaw VIC 3352

84 Tait Street, Bonshaw VIC 3352
Substantial 4-bed footprint | Estate-built street, new tenure | $495/wk rental demand | Overlay-free residential lot | Near Delacombe shops and services A competitive position is held by this house within Bonshaw’s modern estate stock. Its 4-bed, 2-bath, 2-car configuration is supported by a 247 sqm building footprint on a 575 sqm lot, with a substantial floorplan that is well matched to family demand. The street’s recent occupancy pattern is seen as reflecting a developing suburb, so the property is likely to be viewed as a low-maintenance family home near Delacombe Town Centre and Ballarat services. Rental appeal is reinforced by the estimated $495/week income, which is consistent with the local rental market. This is not a heritage or character property; it is a practical, contemporary family house, and is best suited to first-home buyers, young families, and investors seeking reliable modern accommodation. Materially, the value may be influenced by presentation and aspect, as these can shift buyer perception. The newer estate context is thought to tie the price to comparable modern builds, so broader growth-corridor market movements might be reflected in it. No overlay issues are detected, which may support simpler financing and insurance, but future nearby development might change the streetscape character. These factors are weighed by buyers when forming a view on price. >> Comparable Sales: 136 Tait Street sold $640,000; 128 Tait Street sold $675,000 | Property Price Band: $600k-$700k | Value Drivers: large 247sqm floorplan, 575sqm lot, modern estate presentation
Detailed Independent Property Report prepared  by PropCred Analyst team for 84 Tait Street, Bonshaw VIC 3352
Checks found:
Value Risk ✕ 2
Liquidity Risk ✕ 2
Planning Risk ✕ 2
Income Risk ✓
Execution Risk ! 1
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Market Insight

Bonshaw, an outer suburb undergoing rapid demographic expansion, recorded a 351.9% population surge since 2016. Its median house price is $570,000–$572,500, with annual growth of 7.5–11.17%, reflecting strong recent capital appreciation. Houses trade in roughly 49–63 days, with an annual sales volume of 83–90 transactions, indicating liquid but orderly market conditions. Rental demand is steady; a four-bedroom house yields $450 weekly, translating to a 4.5% gross return. Demand is driven by professionals in higher income brackets, alongside both younger and older adult cohorts. However, Boomscore assigns Bonshaw a low 26 out of 100, pointing to a weaker demand-to-supply ratio than many comparable suburbs. That imbalance, plus an absence of major infrastructure catalysts, tempers longer-term price momentum despite the recent growth phase.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

575m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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