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Investment Property Benalla, VIC, 3672

Suburb Snapshot

Benalla is a suburb in the Benalla Region of Victoria. Benalla has a population of 10,325 people and 24.54% of its occupants live in rental accommodation. The median listing price for houses is $505,000 and this has changed 5.20% over the past year and changed 5.42% over 2 years.

The median rent in Benalla for houses is $450 per week and the median rental yield is 4.63%. Stock on the market for houses/townhouses has changed 24.00% compared to last year and the average time to sell a house/townhouse is 109 days.The median listing price for units is $297,500 and this has changed 8.18% over the past year. The average unit takes 183 days to sell and the median rent for a unit in Benalla is $320 per week, producing a rental yield of 5.59%.

Supply & Demand in Benalla, Benalla

0.70%

Current vacancy rate


42

Rental stock available


10,325

Population


24.54%

Rental population


0.56%

Current vacancy rate


45

Rental stock available


13,868

Population


20.69%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Benalla, Benalla

  House Townhouses Units
Median listing price $505,000 NA $297,500
Median price change - last quarter 0.00% NA 0.00%
Median price change - 1 year 5.20% NA 8.18%
Median price change - 2 years 5.42% NA 2.94%
  House Townhouses Units
Median weekly rent $450 NA $320
Median yield % 4.63% NA 5.59%
Median rent change - 1 year 7.14% NA 0.00%
  House Units
Previous month sales 24 1
Stock on market previous month 155 9
Stock variance vs. last year 24.00% 12.50%
Average days on market 109 183

Benalla investment property listings

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