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128 Webb Road, Bonshaw$3m
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128 Webb Road

Bonshaw, VIC 3352, Australia
$3m
4 bed 2 bath 4 car1.87 ha

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About this property

Opportunities to secure approved, ready-to-deliver subdivision projects in high-growth corridors are becoming increasingly rare and 128 Webb Road, Bonshaw represents one of the most compelling development offerings currently available in the Ballarat market. Set on approximately 4.7 acres within the rapidly expanding Ballarat West growth precinct, this property comes with an endorsed plan and planning permit for a 29-lot residential subdivision, allowing developers to significantly reduce approval timeframes and move directly toward delivery. In a market where delays, uncertainty and holding costs can erode returns, sites with approvals already in place are being secured quickly by buyers looking for efficiency, certainty and speed to market. This is a project where the groundwork has already been done allowing you to focus on execution. Adding further appeal is the presence of an existing four-bedroom, two-bathroom residence, positioned on a separate portion of the land, providing the ability to generate holding income or occupy the site while progressing development plans. This creates a rare combination of immediate usability and future upside. The surrounding area continues to experience strong growth, driven by ongoing infrastructure investment, expanding residential communities and increasing demand for housing in the Ballarat region. Positioned within the Ballarat West PSP, the site benefits from proximity to established amenities and future development, reinforcing its long-term value. Convenience is a key advantage, with Delacombe Town Centre, major retailers, schools and transport links all located just minutes away, while Ballarat's CBD and train station remain within easy reach ensuring strong end-buyer appeal for the completed project. For developers, this is a streamlined opportunity to secure a project with approvals in place and clear potential for strong returns. For investors, it represents a strategic landholding in a proven growth corridor with the flexibility to hold, lease or develop. Approved subdivision sites of this scale and location are tightly held and rarely brought to market particularly those offering immediate development potential. This is your opportunity to secure a ready-to-go project in a market where demand continues to outpace supply. Act quickly opportunities with approvals already in place are being secured fast by those ready to move.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
2
Parking
4
Land Area
1.87 ha
Listed
2 months ago

Repayment calculator

$14,544/month
$7,272 /fortnight
Loan $2,400,000 at 6.10% over 30 years

Upfront costs

Deposit$600,000
Stamp duty$175,000
Conveyancing (est.)$2,000
Total upfront$777,000
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Bonshaw

This 4-bedroom house in Bonshaw, VIC 3352 sits within reach of public transport, local shops local amenities. It is listed 367% above the $643,000 median of 71 comparable houseswithin 5 km.

What's nearby

  • Bupa Aged Care/Smythes Rd (bus)1.2 km away
  • Salvos894 m away
  • Unnamed381 m away
  • Unnamed622 m away
  • Unnamed793 m away

Bonshaw at a glance

Full suburb profile
Population
949
Median age
28
Household income
$1,854/wk
Median rent
$398/wk
Median mortgage
$1,500/mo

Source: ABS Census.

Due diligence

Property Report

Schools

Complete

Likely public catchment

Bonshaw is likely zoned for Bonshaw Primary School and Benalla Secondary College (public catchment).

Bonshaw is a small rural locality in north-central Victoria served primarily by its local primary school and the secondary college in nearby Benalla. Catholic alternatives and a small cluster of rural government primaries are also accessible within 5 km. Families should verify catchment boundaries directly with the Victorian Curriculum and Assessment Authority (VCAA) or their local education department.

Nearby schools

5

In catchment

2

Bonshaw Primary School

Nearest

0.5 km

Bonshaw Primary School

Schools near this property

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1.3km2.5km3.8km5kmBonshaw Primary School — 0.5 kmSt Joseph's Primary School, Benalla — 4.0 kmSt Joseph's College, Benalla — 4.1 kmBenalla Secondary College — 4.2 kmTatong Primary School — 4.8 km

Distance from this property is exact (rings = km). Direction is illustrative.

PublicCatholic
🎒

Bonshaw Primary School

In catchment
primary·Public
500 m
🎒

St Joseph's Primary School, Benalla

primary·Catholic Established Catholic primary
4.0 km
🎓

St Joseph's College, Benalla

secondary·Catholic Catholic secondary option
4.1 km
🎓

Benalla Secondary College

In catchment
secondary·Public
4.2 km
🎒

Tatong Primary School

primary·Public
4.8 km

Catchment information is indicative only. Always verify with the relevant state education department before making enrolment decisions.

Source: StMate AI — VIC schools06/05/2026
Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

Suburb market

Suburb price trend

Bonshaw price trend

Median sold · House 4 bed

Compound growth +2.7% / yr over 4 yrs

$605kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Bonshaw market

This listing

Price history

Price history

Listing price changes

1 price change recorded for this property

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Within 5km

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