Property value increases in Benalla have tracked just lower than the VIC average of 7.68% over the last 12 months.
If we look at median property appreciation over just the last three months, Benalla has given property investors a paper return of 1.99%. This puts Suburb as 333 on a list of fastest fasting appreciating suburbs in VIC
Property buyers and investors in Benalla 3672 should be seeing an average reduction in asking price of around -6.47% . This means that Benalla is holding prices well when compared to other suburbs in VIC.
In the last year 186 properties changed hands in Benalla, which puts it as the 122th most active market in VIC when comparing the number of sales per suburb.
Property value increases in Benalla have tracked close to the VIC average of 3.19% over the last 12 months.
While Benalla,3672 ranked number 319th in VIC for increase in median house value (annualised) increase, it is ranked 299th over the last 5 years.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.14% offered to property buyers. Sellers in Benalla itself are offering an average vendor discount of -7.05% to real estate investors.