Benalla

Benalla, VIC 3672 is a growing suburb with a population that has shown consistent growth over the past years. The age distribution is varied, with a significant number of residents falling in the age group of 45 to 64 years and 65 years or over. The suburb offers a mix of occupations, with professionals, managers, and technicians/tradeworkers being the top three occupational groups. Residents have various commuting options, with a notable proportion working from home. For House investments in Benalla, the suburb shows a healthy market with reasonable property prices, moderate rental yields, and a moderate discount median. The high room demand supply ratio indicates the potential for rental income. Renovators might find opportunities given the relatively high sale price IQR ratio. For Unit investments, Benalla presents a market with a lower stock on market rate, low vacancy rate, and moderately good rental yields. The suburb has shown positive growth rates over the years. Benalla, VIC 3672 offers a diverse demographic profile with good educational resources at government schools. The suburb provides good investment opportunities for both Houses and Units, catering to different investor strategies. Homeowners looking to live in Benalla can enjoy a peaceful lifestyle with access to essential amenities and a growing community. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022