With a capital gain of 2.22% for the last 12 months, Benalla, 3672 has performed for property investments than its average annual 1.79% property growth over the last 5 years.
Benalla,3672 has offered an average of 2.22% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Benalla should be aiming for at least -6.96% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Benalla have been waiting around 130.44 days to sell a property.
A $262.5 per week rent on the median house gives suburb investors a gross yield of circa 5.93%, without taking into account capital value appreciation, which has been averaging out at 1.79%.
Property investors who have had real estate in Benalla, 3672 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 16.86%
The five-year average increase in median property values for Benalla,3672 has given property investors a potential capital gain of 9.72% across each of those five years.
Our latest figures would indicate that property sellers in Benalla are currently offering property investors an average price cut of -5.56% below the asking price at the moment.
Often selling an investment property can take time, and in Benalla the average time real estate has been on the market is 96.16 days.
Benalla, 3672’s gross rental yield is 5.00%