Benalla VIC 3672

Here you can find what you need to know about Benalla, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$415k Median Sale Price (National Average $485k) 676th In VIC
23.88% Median Price Change (1 yr) (National Average 4.30%) 193rd In VIC
$400pw Median Rent (National Average $395) 450th In VIC
5.0% Median Gross Yield (National Average 4.24%) 23rd In VIC
Properties sold 251
Average discounting -2.90%
Average Days on Market 39
Stock on Market 47 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Benalla, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Benalla, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Benalla, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Benalla


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Benalla, VIC 3672

Part of: Benalla Council No data available

The size of Benalla is approximately 315.3 square kilometres. It has 16 parks covering nearly 0.5% of total area. The population of Benalla in 2011 was 10,333 people. By 2016 the population was 10,355 showing a population growth of 0.2% in the area during that time. The predominant age group in Benalla is 60-69 years. Households in Benalla are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Benalla work in a trades occupation. In 2011, 67.7% of the homes in Benalla were owner-occupied compared with 67.2% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Benalla

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Benalla   for Houses in last 12 months


There have been 251 Houses sold in Benalla in the past 12 months with a median sale price of $476K, up 30.3% annually. It takes on average 26 days to sell with vendor discounting of -0.03%.

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