Benalla at a glance
10,864
People
$500,000
Median sale
$464/wk
Median rent
4.83%
Suburb gross yield
Median sale from 154 recorded sales (last 12 months) — a Districts calculation.
$315,000
For sale
Asking
3
Bedrooms
1
Bathrooms
0
Car spaces
504 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$315,000
Asking · $625/m² of land
No recorded sale for this property.
Benalla at a glance
10,864
People
$500,000
Median sale
$464/wk
Median rent
4.83%
Suburb gross yield
Median sale from 154 recorded sales (last 12 months) — a Districts calculation.
Vs Benalla
-37.0%
Median sale
Suburb $500,000
+2.83 pp
Gross yield
Suburb 4.83%
Suburb median $500,000 from 154 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$18,511 on top of the price (5.9% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Benalla's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $464/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 7.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Benalla at a glance
10,864
People
$500,000
Median sale
$464/wk
Median rent
4.83%
Suburb gross yield
Median sale from 154 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Living Here BenallaNestled behind a stunning camellia bush that offers a warm welcome with every season, 38 Coster Street presents a genuine opportunity for the astute buyer ready to roll up their sleeves and reap the rewards.
This honest three-bedroom weatherboard home is comfortable, liveable, and brimming with untapped potential. Everything remains in original condition throughout - a blank canvas for the renovator with vision or the savvy investor looking to add serious value.
Inside You Will Find ....
The front lounge provides a cosy retreat with gas heating for those crisp north east country winters. The country-style kitchen, complete with gas cooking, is the heart of the home and ready for your personal touch. Three bedrooms offer comfortable accommodation, while the bathroom features a shower over bath, toilet and vanity - functional and ready to serve as-is or transform into something special.
Solid Foundations
Peace of mind comes standard here. The home has been professionally re-stumped in recent years, giving you a solid platform to build upon - quite literally. The hard work beneath the floor has already been done, so you can focus your energy and budget where it counts.
Location That Speaks for Itself
Position is everything in real estate, and this address delivers in spades. Situated directly across the road from Benalla Health and a short walk to the Coster Street Medical Practice, you are moments from the town's full suite of medical and hospital services. A short stroll takes you to Benalla's vibrant main shopping strip, where you will find cafes, supermarkets, and all daily essentials at your doorstep.
Beyond the immediate convenience, Benalla offers the renowned Art Gallery, beautiful Lake Benalla walking trails, excellent schools, and easy access to the Hume Freeway connecting Melbourne and regional centres.
The Opportunity
The generous block includes a spacious backyard - currently overgrown and just waiting for someone with imagination to unlock its full potential. Whether you envision established gardens, an extension, a shed, or simply a great outdoor entertaining space, the land is there to make it happen.
This is not a home for the faint-hearted perfectionist - this is a home for the bold renovator, the first home buyer with a vision, or the investor who understands that today's rough diamond is tomorrow's polished gem. Inspect with enthusiasm. Purchase with confidence. Prosper with patience. For inspections and further information, contact our office today.
Listing description written by Andrew Ashton, Living Here Benalla — reproduced as published, not verified by Districts.
Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.