Real Estate Benalla Vic 3672

Real Estate Market: Is Benalla VIC 3672 a Good Suburb to Buy Into?

Housing Market in Benalla

Key Benalla Metrics & Forecast to 2028

Sources: Property Listings, VIC RENTALS and Microburbs, 2000 - 2023

Field	Value	VS Hume	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$472	Bottom 27%	138% to Apr 2026
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Benalla

Benalla Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023

Field	Value	VS Hume	Trend
Development applications	10.3	Top 22%	90% to Jun 2025
Developments	0.1	Bottom 23%	Data for Jul 2023
Housing Stock Quality Indicator	14.7	Top 24%	Data for May 2023
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
Number of Subdivisions	7 lots	Top 37%	96% to Jun 2023
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	49	Top 2%	1125% to Mar 2026

Housing Stock Quality in Benalla

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023

Field	Value	VS Hume	Trend
Houses	86.7%	Bottom 17%	0 to Jan 2021
Average bedrooms - all homes	2.1	Bottom 20%	4% to Jan 2021
NBN connection: fibreoptic cable to node	2.1%	Top 20%	Data for Jun 2023

Development Restrictions in Benalla

Benalla Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023

Field	Value	VS Hume	Trend
Total area	210.0 sq km	Top 4%	Data for Jan 2021
Heritage overlay total area	0.7 sq km	Top 14%	Data for Jun 2023
Residential density	1510 sqm per resident	Top 47%	Data for Jan 2021

Risk in Benalla

Benalla Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Field	Value	VS Hume	Trend
% Owner Occupied	83.4%	Bottom 23%	1% to May 2023
% Rentals	16.6%	Top 23%	7% to May 2023
Housing Affordability Index	30	Bottom 41%	Data for Jun 2023
Median monthly mortgage	$1,560	Bottom 30%	35% to May 2023
Rent Affordability Index (Houses)	79	Top 47%	Data for Jun 2023
Rent Affordability Index (Units)	76	Top 48%	Data for Jun 2023
Mortgage as a percent of income	25.2%	Top 33%	15% to Jan 2021
Mortgaged Dwellings	31.2%	Bottom 28%	14% to May 2023

Housing Demand in Benalla

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2004 - 2030

Field	Value	VS Hume	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	11200	Bottom 44%	3% to Dec 2036
Historical Population (SA3)	48700	Bottom 33%	11% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	13800	Top 49%	0% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium
Vacancy rate	Premium	Premium	Premium

Unit Market in Benalla

Benalla Unit Investor Report

Sample Graphic

Sources: Property Listings, VIC RENTALS and Microburbs, 2000 - 2023

Field	Value	VS Hume	Trend
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$346	Bottom 20%	108% to Apr 2026
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	77.6%	Top 29%	3% to Apr 2026

Accommodation Options (16)

Headline	Place	Datetime
Avondel Motor Inn	21 Bridge St W
Benalla Tourist Park	115 Sydney Rd
Benson House & Benson Lodge	3672/1 Benson St
Comfort Inn Benalla	48-50 Bridge St West
Top Of The Town Motel	136-138 Bridge St

Realtors (5)

Headline	Place	Datetime
Barry Plant Benalla	52 Bridge St
Brian J Howe Real Estate	40 Nunn St
Brian J. Howe Real Estate	40 Nunn St
Ray White Benalla	22 Bridge St East
LJ Hooker Benalla	52 Bridge St

Planning Applications: Other (27)

Headline	Place	Date
Removal of Restrictive Covenant PS901532S from Lots 1, 2 & 3 on PS901532S - Streamlined Planning through Electronic Applications and Referrals S255408T	78 Kilfeera Road, Benalla VIC 3672	13 Sep 2025
Creation of Easement, Use of land for Medical Centre, Installation of Business Identification Signage and Reduction of Car Parking - Streamlined Planning through Electronic Applications and Referrals S245764H	5 Nunn Street, Benalla VIC 3672	21 Mar 2025
Planning approval is sought for subdivision of the subject land into three (3) lots. The proposed layout facilitates the logical progression of infill development and the associated infrastructure provision accessed via Four Mile Road. The existing dwelling, large shed to its south and the associated outbuildings within close proximity are to be situated within proposed Lot 3, with the remaining small shed to the south-west of the dwelling to be demolished/removed. It is planned that Lot 1 will be retained by the existing property owner, Lot 2 is being considered to be developed into a Childcare Centre, and Lot 3 is to be retained by the developer with the potential for further development (Aged Care, Townhouses or further subdivision). - Streamlined Planning through Electronic Applications and Referrals S223239B	1-21 Four Mile Road, Benalla VIC 3672	03 Jan 2024
Planning approval is sought for subdivision of the subject land into three (3) lots. The proposed layout facilitates the logical progression of infill development and the associated infrastructure provision accessed via Four Mile Road. The existing dwelling, large shed to its south and the associated outbuildings within close proximity are to be situated within proposed Lot 3, with the remaining small shed to the south-west of the dwelling to be demolished/removed. It is planned that Lot 1 will be retained by the existing property owner, Lot 2 is being considered to be developed into a Childcare Centre, and Lot 3 is to be retained by the developer with the potential for further development (Aged Care, Townhouses or further subdivision). - Streamlined Planning through Electronic Applications and Referrals S223239B	1-21 Four Mile Road, Benalla VIC 3672	03 Jan 2024
Restaurant and cafe Licence for a Person - Victorian Gambling and Casino Control Commission 71747A01	1 Thomas St, Benalla 3672, VIC	10 Aug 2022

Planning Applications: Dwellings (5)

Headline	Place	Date
Planning approval is sought for subdivision of the subject land into fifty-one (51) lots with one (1) drainage reserve. It is proposed that the existing dwelling, sheds and associated outbuildings be removed for the most sustainable development of the site, ensuring that the subject land is appropriately redeveloped for the best use of the land. Pre-application advice from DEECA confirmed that the Crown Land south of the subject site is a Government Road managed by the Local Government Authority. Consent is requested for the creation of two (2) new internal subdivision roads, one of which is proposed to extend into the existing Government Road reserve to the south of the subject site. Consent is requested for the creation of a drainage basin within the proposed reserve at the south-west corner of the site, which is proposed to extend into the existing Government Road reserve to the south of the subject site. The proposal requests to remove exotic and native vegetation from the proposed site and from the road reserves at the site’s northern frontage (Four Mile Road) and southern frontage (Unmade Government Road). The design intention of this proposed development is to complement an existing development pattern that has occurred over many years to the north of Four Mile Road. The subdivision design has been prepared with consideration to provision of services and appropriate access for future residents, offering an urban style living opportunity while also efficiently developing the land within proximity of the amenity of the Benalla township. An Infrastructure Servicing Report (Attachment 5) and Ecological Assessment Report (Attachment 6) have been prepared to support and justify the proposal - Streamlined Planning through Electronic Applications and Referrals S254171S	1-21 Four Mile Road, Benalla VIC 3672	26 Aug 2025
Use and development of a second dwelling and two lot subdivision. - Streamlined Planning through Electronic Applications and Referrals S228217S	105 Faithfull Street, Benalla VIC 3672	11 Apr 2024
Planning approval is sought for subdivision of the subject land into three (3) lots. The proposed layout facilitates the logical progression of infill development and the associated infrastructure provision accessed via Four Mile Road. The existing dwelling, large shed to its south and the associated outbuildings within close proximity are to be situated within proposed Lot 3, with the remaining small shed to the south-west of the dwelling to be demolished/removed. It is planned that Lot 1 will be retained by the existing property owner, Lot 2 is being considered to be developed into a Childcare Centre, and Lot 3 is to be retained by the developer with the potential for further development (Aged Care, Townhouses or further subdivision). - Streamlined Planning through Electronic Applications and Referrals S223239B	1-21 Four Mile Road, Benalla VIC 3672	03 Jan 2024
Three lot subdivision to provide a separate lot for each existing dwelling - Streamlined Planning through Electronic Applications and Referrals S219488A	31 Boger Street, Benalla VIC 3672	03 Oct 2023
Proposed Subdivision of three single-storey dwellings - Streamlined Planning through Electronic Applications and Referrals S208186J	81 Thomas Street, Benalla VIC 3672	03 Mar 2023

Planning Applications: Industrial (2)

Headline	Place	Date
14 Lot Industrial Subdivision - Refer to Town Planning Report - Streamlined Planning through Electronic Applications and Referrals S216441S	Mcpherson Road, Benalla VIC 3672	10 Aug 2023
Proposed Use & Development of 12 Warehouses and Subdivision of the Land - Streamlined Planning through Electronic Applications and Referrals S197531J	15-17 Railway Place, Benalla VIC 3672	10 Jul 2022

Median House Rental Prices by Street (33)

Level_0	Street	Date	Median rent (per week)
42243	Kent St	28 Mar 2026	$426
42189	Goomalibee St	28 Mar 2026	$461
42203	Hannah St	28 Mar 2026	$369
42293	Melrose St	28 Mar 2026	$451
42297	Monds Ave	28 Mar 2026	$528

Median House Sale Prices by Street (87)

Street	Date	Median sale value
Amber Ave	28 Mar 2026	$570,500
Amos Ave	28 Mar 2026	$407,500
Arundel St	28 Mar 2026	$482,900
Barkly St	28 Mar 2026	$525,400
Barrington St	28 Mar 2026	$427,700

Median Unit Sale Prices by Street (23)

Date	Median sale value	Street
28 Mar 2026	$321,300	Arundel St
28 Mar 2026	$408,600	Benalla St
28 Mar 2026	$462,900	Bridge St
28 Mar 2026	$473,700	Carrier St
28 Mar 2026	$234,500	Croft Ct

Percent of Renters by Street (100)

Percent of Renters	Street
0.0%	Ackerly Ave
0.0%	Ackerly Avenue
28.0%	Afton Ave
18.9%	Afton Avenue
37.0%	Albert St

LGA Details (1)

Headline	Place	Datetime
Local government area	Benalla

Businesses (90)

Name	Address
Reflections Timber Floor Sanding and Polishing	58 Witt St, Benalla VIC 3672, Australia
WARATAH BRIDGE CONSTRUCTIONS	191 Samaria Rd, Benalla VIC 3672, Australia
Barry Plant Benalla	52 ⛉ Bridge St, Benalla VIC 3672, Australia
Peter Straughen	19 Maginness St, Benalla VIC 3672, Australia
Shane Lewis Builder	Benalla NSW 3672, Australia

Turnover Rate by Street (100)

Turnover rate	Street	Turnover Label	Turnover Years	Year
72.0%	Melrose St	average turnover	Every 13.9 years (average turnover)	2026
108.3%	Clarendon St	very high turnover	Every 9.2 years (very high turnover)	2026
60.9%	Church St	quite tightly held	Every 16.4 years (quite tightly held)	2026
80.6%	Perth St	average turnover	Every 12.4 years (average turnover)	2026
81.2%	Carrier St	average turnover	Every 12.3 years (average turnover)	2026

Recently Sold Houses (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
6 Ross Ct	$430,000	4.0	1.0	4.0	05 Feb 2026	On Market
11 Purcell St	Price Withheld	3.0	2.0	1.0	04 Feb 2026	On Market
11 Purcell St	$500,000	3.0	2.0	1.0	04 Feb 2026	On Market
11 Crockford St	$570,000	3.0	2.0	3.0	04 Feb 2026	On Market
28 Egmont St	Price Withheld	2.0	2.0	2.0	03 Feb 2026	On Market

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
12 Everly Ct	$550	4	2	2	06 Feb 2026
59 Coish Ave	$480	3	1	2	06 Feb 2026
110 Arundel St	$550	4	2	2	06 Feb 2026
12 Everly Ct	$550	4	2	2	06 Feb 2026
59 Coish Ave	$480	3	1	2	06 Feb 2026

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 2, 2 Coster St	$360	2.0	1.0	1.0	08 Dec 2025
Unit 2, 2 Coster St	$360	2.0	1.0	1.0	08 Dec 2025
Unit 2, 2 Coster St	$360	2.0	1.0	1.0	08 Dec 2025
Unit 2, 2 Coster St	$360	2.0	1.0	1.0	08 Dec 2025
Unit 2, 2 Coster St	$360	2.0	1.0	1.0	08 Dec 2025

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
Unit 3, 14 Carrier St	$382,000	2.0	1.0	1.0	05 Feb 2026	On Market
Unit 3, 14 Carrier St	$382,000	2.0	1.0	1.0	05 Feb 2026	On Market
Unit 1, 5 Margaret St	$331,000	2.0	1.0	1.0	30 Jan 2026	On Market
Unit 1, 5 Margaret St	$331,000	2.0	1.0	1.0	30 Jan 2026	On Market
Unit 1, 5 Margaret St	$331,000	2.0	1.0	1.0	30 Jan 2026	On Market

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