Benalla, 3672 ranked 288th 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
Taking the average capital gain, or increase in median house value, Benalla,3672 has racked up an average of 10.56% over the period. This ranks it number 2376th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -6.42% to buyers in Benalla at the moment, which is less than average for the rest of VIC.
The VIC suburb of Benalla, 3672 is in the Benalla local government area.
VIC has seen average median house prices change by 7.73% which means that Benalla, 3672 has done well for property investors by showing a capital gain of 4.78% over the last year
The five-year average increase in median property values for Benalla,3672 has given property investors a potential capital gain of -3.62% across each of those five years.
Benalla3672 is located in VIC which offers an average discount of -4.60% to property investors. Benalla itself is showing figures that indicate -5.37% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 2.58 sales per month, which equates to 31 per year.
A $220 per week rent on the median house gives suburb investors a gross yield of circa 6.13%, without taking into account capital value appreciation, which has been averaging out at 1.65%.