Benalla, 3672 ranked 544th in VIC when comparing growth in median property values or capital gain over the last 12 months. Benalla is one of 2098 in our list for VIC
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Benalla has increased when compared to the 5 year average annual rate.
Vendor discounting in Benalla is giving property investors an average Vendor Discount of around -6.93%. This puts suburb at number 185th in VIC when ranking the most discounted suburbs.
In the last year 186 properties changed hands in Benalla, which puts it as the 124th most active market in VIC when comparing the number of sales per suburb.
Property investors should expect to get $260 weekly from the median priced house in this suburb.
With a capital gain of 8.66% for the last 12 months, Benalla, 3672 has performed for property investments than its average annual 2.04% property growth over the last 5 years.
The five-year average increase in median property values for Benalla,3672 has given property investors a potential capital gain of 1.35% across each of those five years.
Sellers are offering property buyers an average discount of -5.78% to buyers in Benalla at the moment, which is less than average for the rest of VIC.
Using the current median advertised rental of $190 and the average annual increase in value of a median property of 2.04%, investors should hope to achieve an overall return of 5.27%