With income potential protected in the future or for weekenders looking for a hideaway retreat, this outstanding property is a rare find.
With a tiered income from tree letting @ 15 yrs, 20 yrs & 30 year periods, this pine plantation property is only 10km from Bonnie Doon and 25 mins drive from Mansfield and even closer to the Lake Eildon tourist resort. Build a home and enjoy the natural environment and manage your own lifestyle with the knowledge that it doubles as an income producing investment for the future or a great holiday hideaway.
The size of Bonnie Doon is approximately 193.3 square kilometres. It has 4 parks covering nearly 11.7% of total area. The population of Bonnie Doon in 2011 was 520 people. By 2016 the population was 577 showing a population growth of 11.0% in the area during that time. The predominant age group in Bonnie Doon is 60-69 years. Households in Bonnie Doon are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bonnie Doon work in a managers occupation. In 2011, 83.5% of the homes in Bonnie Doon were owner-occupied compared with 85.2% in 2016.
Bonnie Doon has 957 properties. Over the last 5 years, Houses in Bonnie Doon have seen a 81.61% increase in median value. As at 31 October 2024:
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