Property investors who have had real estate in Benalla, 3672 should be relatively unhappy 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 2.93%
A 7.61% growth in median value for property investors in Benalla,3672 puts this suburb at number 451th in terms of best performing suburbs in VIC
LACK OF BUYER INTEREST may well be the reason that Benalla is offering property investors an average of -5.26. This rate of discount on properties puts Suburb at number 130th in terms of most discounted suburbs in VIC
At number 3293 in a list of fastest selling suburbs, Benalla is in the bottom 20% of suburbs in Australia with an average of days on market 120.34 for properties listed there.
At number 1414th in the list of Australian suburbs ordered by increase in median house value over the last year, Benalla, 3672 is in the BOTTOM 20% with a property value increase of -5.32% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Benalla,3672 has racked up an average of -5.32% over the period. This ranks it number 1231th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Benalla should be aiming for at least -5.17% off the asking price, which is the average vendor discount being achieved at the moment.
Property investors should expect to get $205 weekly from the median priced house in this suburb.