I agree with Romperait, for some students, it comes down to either do a Bonded Medical Place or take another pathway such as a Gap Year or Graduate Entry.
Both sides have their positives and negatives, but do remember that if you do get out of graduate, you'd have taken 7 years as opposed to Monash's 5 years. Which means that in reality, the Bonded contract is only 3 years longer.
For some people, the security of the Bonded MBBS will entice them, whilst for others, the Bonded contract is so tough that they'd risk going through the graduate entry.
I think in the end, it's up to the person, everyone has different needs and situations, so I don't think there's a general formula which can be applied to whether Bonded is a good thing or a bad thing or whether we should take it. Some people will see 5 years in rural areas is a small price to pay for a lifetime career in medicine, others will think differently.