At number 1916th in the list of Australian suburbs ordered by increase in median house value over the last year, Benalla, 3672 is in the top half with a property value increase of 5.45% recorded in median house prices.
Comparing Benalla,3672 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Benalla3672 is located in VIC which offers an average discount of -6.00% to property investors. Benalla itself is showing figures that indicate -6.54% is the average achievable by property buyers investing in the suburb.
Investment property in Benalla has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.37%
Across a shorter period, Benalla, 3672 has seen a median price increase of 1.93% over the last quarter.
Our latest figures would indicate that property sellers in Benalla are currently offering property investors an average price cut of -6.64% below the asking price at the moment.
At number 1429 in a list of fastest selling suburbs, Benalla is in the bottom 10% of suburbs in Australia with an average of days on market 145.25 for properties listed there.
With the median price for a house in Benalla being $185000 and the advertised rent reaching $197.5 the gross rental yield for property investors calculates out to be 5.55%