VIC has seen average median house prices change by 8.06% which means that Benalla, 3672 has done well for property investors by showing a capital gain of 3.14% over the last year
Over the longer term, Benalla has seen property prices show investors a 1.10% return over the last 3 years. This is an improvement over the last 12 months
At number 204th of VIC’s most discounted properties, Benalla is in the bottom 40% of the state/territory when listing in order of most discounted to least.
With the median price for a house in Benalla being $230000 and the advertised rent reaching $270 the gross rental yield for property investors calculates out to be 6.10%
At number 603th in the list of Australian suburbs ordered by increase in median house value over the last year, Benalla, 3672 is in the top 40% with a property value increase of 6.32% recorded in median house prices.
The five-year average increase in median property values for Benalla,3672 has given property investors a potential capital gain of 2.78% 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 -7.16% below the asking price at the moment.