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Benalla suburb profile

Benalla is a regional service town in north-east Victoria set on the Broken River and centred around Lake Benalla, with a compact main street of historic brick and timber buildings, cafés and civic services. The town is known for its tree-lined botanical gardens and a regional art gallery that has helped establish a strong public-art presence with murals and events. Housing mixes Victorian cottages and workers' homes with later suburban estates, appealing to families and retirees after a quieter country lifestyle supported by local schools, health services and sports clubs. Road and rail connections, a nearby airport and a motorsport park keep the town linked to the surrounding farming district.

Benalla property market performance

Current median dwelling price$440,500Past 3 months

Property growth+10.8%Past 12 months

The median house price in Benalla is $520,000, with house values rising sharply, up 15.7% over the last 12 months. Benalla has relatively few recent unit sales, so there isn't enough recent data to publish a reliable median unit price; available figures show unit values rose a solid 5.9% over the same period, so house values increased faster than unit values.

Over the last three months 69 houses and 1 unit were reported sold. Houses sold in a median of 39 days compared with 49 days for units, so houses sold faster than units.

The rental market in Benalla saw house rents average $500 a week, up a solid 8.7% over the last 12 months. Unit rents averaged $368 a week and rose a modest 2.2%, so house rents grew faster than unit rents.

HousesUnits
Median price
Past 3 months
$520KN/A
Change in value
Past 12 months
15.7%5.9%
Sold
Past 3 months
691
Median days on market
Past 12 months
3949
Average rent
Past 12 months
$500$368
Change in rent
Past 12 months
8.7%2.2%

5 year median price trend for houses and units

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Benalla demographics

Benalla is a community of 10,822 people with a median age of 51. The typical household receives $1,142 a week in total income, roughly $59,384 a year.

Families are dominated by couple families without children, which make up 52.0% of families, while couple families with children account for 28.6%. One-parent families represent 18.2% and other families 1.3%. Together the two couple family types total 80.6% of all families.

In Benalla most homes are owner-occupied: 44.5% are owned outright and 28.3% are owned with a mortgage, combining for 72.8% owner-occupation, while renters make up 27.1% of households.

Suburbs near Benalla

Some popular suburbs near Benalla include:

  • Chesney Vale: Rural locality with broad grazing land and a quiet country atmosphere.
  • Glenrowan: Historic village known for its railway heritage and regional tourist interest.
  • Wangaratta South: Residential suburb on the southern fringe of Wangaratta, mostly established housing.
  • Wangandary: Small agricultural community with broad river flats and scattered farms.
  • Laceby: Semi-rural area with lifestyle blocks and a peaceful country setting.

How does Benalla compare to nearby suburbs?

  • House price growth: Over the past 12 months, house prices in Benalla have grown 20.3% higher than in Glenrowan.
  • Selling speed for houses: Properties in Benalla are selling 48.0% faster than in Glenrowan.

Choose the right real estate agents in Benalla

There are 33 real estate agents in Benalla, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 76.0% of all sales in the past year.

Commission rates in Benalla typically range from 2% to 2.88%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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