Question 1

Is Chesney Vale a nice place to live?

Accepted Answer

Chesney Vale is a small rural locality in north-eastern Victoria that reads as working farm country rather than a suburban neighbourhood. Broadacre paddocks, shelterbelts and scattered country homes mean housing is largely acreage blocks and farmsteads. Residents are often involved in agricultural pursuits or choose the area for a quieter country lifestyle while travelling to nearby regional centres for shopping, schools and services. Country roads link the locality to surrounding towns and there are local bush reserves and waterways for outdoor recreation and farming life.

The community of 204 has a median age of 42 and a median household income of $1,562 a week (about $81,224 a year). Families are dominated by couples, and most homes are owner-occupied (86.1% owner-occupied, 13.9% rented). There are no significant new public infrastructure projects reported, and the locality sits within the Benalla local government area. Whether Chesney Vale suits you comes down to whether you want acreage living, farming activity and a small, settled community.

Question 2

Is it expensive to live in Chesney Vale?

Accepted Answer

There haven't been enough recent sales or rentals in Chesney Vale to publish reliable house or unit prices or average rents. With only the local median household income recorded at the most recent Census, it's not possible to describe how expensive it is to live here compared with local incomes.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Chesney Vale a good place to invest?

Accepted Answer

There haven't been enough recent property sales in Chesney Vale to publish reliable 12-month figures for house or unit values and rents. Without those figures, there isn't a clear picture of how the suburb has performed as an investment over the past year.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	N/A	N/A
Sold Past 3 months	1	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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