ReBinding entire object, is it acceptable to simply set the BindingContext again?

So I have a situation where I update a ViewModel based on the Messenger. When the messenger get's a new message, I rebind the entire View to the new ViewModel.

First I tried this

        MessagingCenter.Subscribe<MainMenu, ModuleSubscriptionMessage>(subscriber, "CurrentModuleMessage",
            async (s, e) =>
            {
                _viewModel = e.Module;
            });

but it didn't work because the OnPropertyChanged() notifications never triggered on the bound ViewModel

Second I did this

        MessagingCenter.Subscribe<MainMenu, ModuleSubscriptionMessage>(subscriber, "CurrentModuleMessage",
            async (s, e) =>
            {
                _viewModel.Foo = e.Module.Foo;
                _viewModel.Bar = e.Module.Bar;
                // etc for a large number of properties
            });

This worked fine since the OnPropertyChanged() was being triggered on the bound ViewModel, but really cluttered the code

Last, I simply updated the BindingContext

        MessagingCenter.Subscribe<MainMenu, ModuleSubscriptionMessage>(subscriber, "CurrentModuleMessage",
            async (s, e) =>
            {
                _viewModel = e.Module;
                BindingContext = _viewModel;
            });

Now this works, and ALSO cleans up the code.

My question... is this an acceptable way to update the view based on an entire object being updated?