OA Logo Green
search icon

Get a property report and suburb profile for any property in Benalla

Join the 2 million Australians* who use our services every year.

Geo Page

Benalla suburb profile

Benalla is a picturesque rural town in Victoria, renowned for its vibrant arts scene and beautiful natural surroundings. Situated on the Broken River, it offers a charming blend of cultural attractions and outdoor activities. The town is famous for its street art, with murals adorning many buildings, and the Benalla Art Gallery, which showcases contemporary and indigenous art. Benalla's proximity to the Winton Wetlands and Lake Benalla provides ample opportunities for hiking, birdwatching, and water sports. With a strong community spirit and a relaxed country lifestyle, Benalla is an appealing destination for both residents and visitors.

Benalla property market performance

Current median dwelling price$455,500Past 3 months

Property growth+11.4%Past 12 months

Benalla’s property market has shown positive growth over the past 12 months, with house values increasing by 13% and unit values rising by 6.1%. The current median house price stands at $550,000, while the median unit price is $361,000, indicating a healthy demand for both property types.

In terms of sales activity, 57 houses and 12 units have been sold over the last 12 months. Houses are selling slightly faster than units, with a median of 42 days on the market compared to 49 days for units, suggesting a steady interest in the housing sector.

The rental market in Benalla has also experienced growth, with average rents for houses increasing by 6.7% and units by 4.3% over the past year. This reflects a robust demand for rental properties in the area.

HousesUnits
Median price
Past 3 months
$550KN/A
Change in value
Past 12 months
16.6%6.1%
Sold
Past 3 months
716
Median days on market
Past 12 months
4050
Average rent
Past 12 months
$498$370
Change in rent
Past 12 months
10.7%4.2%

5 year median price trend for houses and units

Access homes before they're listed for sale

Build a buying brief and get first access to properties that aren't yet on the market.

OpenAdvantage

Benalla demographics

Benalla, located in Victoria's northeast, is a charming regional town known for its picturesque landscapes and vibrant community spirit. With a population of 10,822, Benalla offers a serene lifestyle, attracting both retirees and families seeking a quieter pace of life. The median age of 51 reflects a mature community, with many residents enjoying the town's relaxed atmosphere and natural beauty.

The housing market in Benalla is characterized by a high rate of outright home ownership, with 44.5% of properties owned outright. This indicates a stable community with long-term residents who have established roots in the area. Additionally, 28.3% of homes are owned with a mortgage, while 27.1% are rented, providing a balanced mix of housing options for both new buyers and renters.

Family dynamics in Benalla are diverse, with 52% of families being couples without children, highlighting the appeal of the town to empty nesters and retirees. Meanwhile, 28.6% of families are couples with children, and 18.2% are one-parent families, reflecting a supportive community environment for families of all types. The median total household income of $1,142 per week suggests a modest yet comfortable standard of living, making Benalla an attractive option for those seeking affordability without sacrificing quality of life.

Suburbs near Benalla

Some popular suburbs near Benalla include:

  • Chesney Vale: Known for its rural charm and scenic landscapes, Chesney Vale is located to the southwest of Benalla.
  • Glenrowan: Famous for its historical significance and picturesque surroundings, Glenrowan is situated to the northeast of Benalla.
  • Wangaratta South: Offering a blend of rural and residential living, Wangaratta South lies to the northeast of Benalla.
  • Wangandary: Known for its tranquil environment and proximity to nature reserves, Wangandary is located to the northeast of Benalla.
  • Laceby: Featuring a peaceful rural setting with easy access to nearby towns, Laceby is situated to the northeast of Benalla.

How does Benalla compare to nearby suburbs?

  • House price growth: Over the past 12 months, house prices in Benalla have grown 18.1% higher than in Glenrowan.
  • Selling speed for houses: Properties in Benalla are selling 46.7% faster than in Glenrowan.

Choose the right real estate agents in Benalla

There are 30 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 77.4% 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.

Geo Page

Get a head start and compare top local agents in Benalla

Not quite ready to sell?

icon

Property report

Suburb and property report

Completed by independent professional experts not a computer.
Get a free property reporticon right chevron
icon

OpenEstimates

Digital estimate for your property

Compare your property to three recent sales to get a digital estimate.
Get a comparative estimateicon right chevron
icon

Navigate the market like a pro

Navigate the market

Get an understanding of the market signals you should keep an eye on.
Understand your local marketicon right chevron