Bonshaw, located near Inverell in New South Wales, offers a glimpse into rural Australian life with its tranquil environment and tight-knit community. The housing market here is characterized by a mix of traditional country homes, often set on expansive plots of land. Compared to larger urban centers, property prices in Bonshaw are relatively affordable, making it an attractive option for those looking to escape the hustle and bustle of city life. Homes in the area often feature charming architectural details, emphasizing comfort and functionality, which complement the scenic landscape. The demand for properties can vary, influenced by trends in rural living and the appeal of a slower-paced lifestyle, which has seen more interest, particularly from retirees and families seeking a peaceful setting to raise children.
Living in Bonshaw provides residents with a unique blend of solitude and community spirit. The surroundings are predominantly agricultural, offering beautiful natural views and a quiet atmosphere that encourages a relaxed pace of life. Residents often engage in outdoor activities such as farming, gardening, and exploring the nearby countryside, and the community regularly comes together for local events and gatherings. The sense of community is strong, with neighbors often knowing each other well and providing mutual support. Despite its rural setting, essential services and amenities in Inverell, including shops, schools, and medical facilities, are accessible with a short drive, ensuring that residents have everything they need within reach. For those who appreciate rural living with a strong community bond, Bonshaw presents an appealing choice.
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Thinking about buying in Bonshaw? Now could not be a better time, with just 111 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $510,000 with prices in this suburb ranging from $68,000 to $1,663,000. The aproximate distance to the coast is 190 Km.
In Bonshaw there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Bonshaw is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. 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. Medium density in Bonshaw necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. 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.
Instant Property ValuationBonshaw Public School
(While the above schools are located with the suburb of Bonshaw 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 | 3.3 | 15.6 | 27.6 | 45.7 | 95.2 | 2.2 | 24.5 |
Feb | 2.2 | 15.2 | 25.9 | 52.6 | 96.4 | 2.2 | 23.6 |
Mar | 3.3 | 14.2 | 24.6 | 49.3 | 92.4 | 2.0 | 18.2 |
Apr | 1.1 | 10.0 | 21.8 | 48.7 | 97.3 | 1.8 | 16.6 |
May | 1.6 | 5.4 | 17.6 | 50.7 | 97.7 | 1.7 | 13.1 |
Jun | 1.4 | 3.9 | 15.0 | 53.7 | 97.8 | 2.0 | 11.6 |
Jul | 1.3 | 2.4 | 14.9 | 45.3 | 97.2 | 1.9 | 12.5 |
Aug | 1.6 | 2.4 | 16.5 | 36.2 | 95.3 | 2.0 | 15.3 |
Sept | 1.0 | 6 | 20.6 | 32.9 | 92.3 | 2.4 | 19.2 |
Oct | 2.2 | 9.0 | 22.8 | 36.9 | 94.5 | 2.2 | 22.8 |
Nov | 1.4 | 12.3 | 26.3 | 36.8 | 93.2 | 2.2 | 25.8 |
Dec | 3.8 | 14.5 | 26.7 | 43.9 | 95.6 | 2.2 | 25.2 |
source: Australian Government Bureau of Meteorology
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