Lot 51 - Amberfields Estate - Benalla
Benalla, Hume, VIC, 3672$ 664,850
- House and Land
- Property Type
- 4
- Bedrooms
- 2
- Bathrooms
- 2
- Cars
- 180
Details
Updated on May 21, 2026
| Property Type: | House and Land |
|---|---|
| Price: | $ 664,850 |
| Land Price: | $ 230,000 |
| Build Price: | $ 434,850 |
| Gross Per Week: | $ 570 |
| Gross Per Annum: | $ 29,640 |
| Gross Yield: | 4.46% |
| Capital Growth 12 Months: | 31.98% |
| Capital Growth 10 Year Annualised: | 7.04% |
| Vacancy Rate: | 1.93% |
| Property Size: | 180 m2 |
| Land Area: | 712 m2 |
|---|---|
| Bedrooms: | 4 |
| Bathrooms: | 2 |
| Parking: | 2 |
| Title Status: | N/A |
| Property ID: | 20745 |
| SKU: | 1001 |
Description
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us*
Benalla is a picturesque rural city located in north-eastern Victoria, about 200 kilometres north-east of Melbourne, and forms part of the Rural City of Benalla local government area. Set along the Broken River and surrounding the scenic Lake Benalla, the suburb is known for its peaceful atmosphere, community spirit, and vibrant arts culture. Home to around 14,000 residents, Benalla offers a slower-paced, regional lifestyle with open spaces and a strong sense of local identity. The area is well-connected via the Hume Freeway and Midland Highway, and the Benalla railway station provides access to Melbourne and other regional centres.
Benalla’s economy is supported by agriculture, tourism, service industries, and some light manufacturing, making it a key regional hub in north-east Victoria. The town features several schools, including primary, secondary, and TAFE options, as well as a well-equipped hospital and healthcare facilities. Local amenities include supermarkets, cafes, recreational spaces, and cultural attractions such as the Benalla Art Gallery and the renowned Wall to Wall Street Art Festival, which transforms the town’s streets into a living gallery of murals each year. Outdoor enthusiasts enjoy Lake Benalla’s walking tracks, gardens, and picnic areas, contributing to the suburb’s relaxed and nature-focused lifestyle.
Housing in Benalla is generally more affordable than in metropolitan areas, offering good value for families, retirees, and first-home buyers. While it’s a great place for those seeking tranquillity and a strong community atmosphere, some challenges include limited employment opportunities in specialised industries and slightly higher crime rates compared to state averages. Despite this, Benalla remains a charming and appealing destination for people who appreciate art, nature, and the comfort of a friendly regional town.
Address
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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.
SMSF Single Contract