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VIC › Bonshaw › Fern Cully Ave

Fern Cully Ave, Bonshaw VIC 3352

For saleLand

$275,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

400 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $275,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $275,000(Listing record · 29 Apr 2026)
  • FactLand 400 m²; no building size recorded.(Property record)
  • CalculationRecorded Land sales in Bonshaw (last 5 years) with land size: median $608/m² of land (n=27). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 53% below the Bonshaw median recorded sale ($590,000, n=45, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Bonshaw's advertised median rent ($498/wk), implied gross yield would be 9.42% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$275,000

Asking · $688/m² of land

No recorded sale for this property.

Local land rate: recorded Land sales in Bonshaw (last 5 years) with land size have a median of $608/m² of land (n=27). Districts calculation from recorded sales — not a valuation.

Bonshaw at a glance

2,582

People

$590,000

Median sale

$498/wk

Median rent

4.39%

Suburb gross yield

Median sale from 45 recorded sales (last 12 months) — a Districts calculation.

See the full Bonshaw report →

Vs Bonshaw

-53.4%

Median sale

Suburb $590,000

+5.03 pp

Gross yield

Suburb 4.39%

Suburb median $590,000 from 45 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$275,000
Stamp Duty (Victoria)
$11,570
Transfer/Registration Fee
$748
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$291,018

$16,018 on top of the price (5.8% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Bonshaw's advertised median rent — not a rent for this listing.

Net yield
7.92%
Annual cashflow (pre-tax)
$7,471
Interest cover (DSCR)
1.52
Annual rent
$25,896
Operating expenses
$4,125
Loan amount
$220,000
Annual interest
$14,300
Gross yield
9.42%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$275,000available29 Apr 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $498/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 9.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Bonshaw in one glance

Bonshaw at a glance

2,582

People

$590,000

Median sale

$498/wk

Median rent

4.39%

Suburb gross yield

Median sale from 45 recorded sales (last 12 months) — a Districts calculation.

See the full Bonshaw report →

Keep researching

  • Why Bonshaw? Read the area thesis →
  • What else is on the market in Bonshaw →
  • Other records on Fern Cully Ave →

Listing material

Listed by Reliance Real Estate Tarneit

Prime Location – Convenience at Your Doorstep

Enjoy the perfect balance of peaceful living and urban convenience. Located just 10 minutes from Ballarat CBD, this address places you within easy reach of everything you need. Build and sell and you can get worth 100K potential return.

🛍️ Shopping & Essentials

Only minutes away is Delacombe Town Centre, featuring:

Read the full description

• Woolworths, Aldi & major retailers

• Kmart & Bunnings Warehouse

• Cafés, restaurants & Showbiz Cinemas

________________________________________

📚 Schools & Education

A range of quality education options nearby, including:

• Delacombe Primary School

• Phoenix P-12 Community College

• Lumen Christi School

• Ballarat Christian College

Perfect for growing families seeking convenience and accessibility.

________________________________________

🍽️ Lifestyle & Dining

Enjoy a variety of cafés, takeaway options, and casual dining spots in Delacombe and surrounding areas-your local hub for everyday lifestyle needs.

________________________________________

🏃 Parks & Recreation

• Local parks and walking tracks within Bonshaw

• Short drive to Ballarat's iconic Lake Wendouree and Victoria Park

• Access to sporting facilities and open green spaces

________________________________________

🚑 Healthcare & Services

Nearby Ballarat and Delacombe provide:

• Medical centres & clinics

• Specialist services

• Major hospitals within Ballarat CBD

________________________________________

🚗 Easy Connectivity

• Quick access to the Western Freeway (M8)

• Seamless travel to Ballarat or Melbourne

• Public transport and train services available from Ballarat

________________________________________

A Smart Investment in a High-Growth Corridor

With strong infrastructure development, increasing demand, and limited titled land remaining, this is your chance to secure a valuable piece of real estate in a thriving community.

Final lots are selling fast, and building activity is booming-don't miss out.

________________________________________

📞 Contact

Kartavya Thakkar

Mukesh Kumar

* Presentation of Photo ID Is a condition of entry to view property

Due Diligence Checklist

Please see the link below for an up-to-date copy of the Due Diligence Checklist:

http://www.consumer.vic.gov.au/duediligencechecklist

DISCLAIMER:

All stated dimensions are approximate only. Particulars given are for general information purposes only and do not constitute any representation on the part of the vendor or agent.

Some images may include virtual staging, digital enhancements, or AI-generated elements. Any furniture, décor, landscaping, or finishes shown are for illustrative purposes only and may not be included with the sale of the property. These images are intended to assist in visualising the potential of the property and should not be relied upon as an accurate representation of its current condition, features, or inclusions.

In addition, third-party websites may automatically generate property summaries, highlights, or descriptions using artificial intelligence based on the listing content. These automated summaries are provided for convenience only and may be incomplete, inaccurate, or differ from the actual property. Buyers should not rely on such summaries and are strongly encouraged to review the full property description and conduct their own enquiries and inspections.

Buyers are advised to carry out their own investigations and inspections to verify the information provided.

Listing description written by Amit Kajal, Reliance Real Estate Tarneit — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.