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.
$320,000
For sale
Asking
0
Bedrooms
0
Bathrooms
0
Car spaces
1,632 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
$320,000
Asking · $196/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
-36.0%
Median sale
Suburb $500,000
+2.71 pp
Gross yield
Suburb 4.83%
Suburb median $500,000 from 154 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$18,823 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 7.5%. 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
UnknownVictoria 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.
Area
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 BenallaThe Opportunity of a Lifetime in a Prime Location
Discover the perfect canvas for your next project or your dream home. Situated in a highly sought-after and popular pocket of Benalla West, this massive 1,632m² level block offers unparalleled versatility and value. Whether you are a savvy developer looking for your next venture or a family seeking the space to build a forever home on a substantial town block, 71A Cowan Street is the answer.
Approved Planning Permit - Ready to Go!
Skip the lengthy council delays and jump straight into development. This property comes with an approved planning permit for a 3-lot subdivision, making it an incredibly versatile investment. With all town services already available, the hard work has been done, allowing you to focus on the build.
•Option 1: Execute the 3-lot subdivision and capitalize on the growing demand for housing in Benalla.
•Option 2: Build a sprawling family residence with room for a shed, pool, and expansive gardens-a true lifestyle rarity in a central location.
Why Benalla?
Benalla is rapidly becoming one of the most desirable areas in the region, benefiting from significant local investment and infrastructure upgrades.
•Education: Located within the zone for the highly regarded Benalla P-12 College (Waller Campus) and close to local primary schools and the TAFE campus.
•Recreation: Just moments away from the newly upgraded Waminda Park, featuring modern play equipment, BBQ facilities, and picnic areas. The nearby splash park and basketball stadium offer endless entertainment for families.
•Convenience: Enjoy easy access to Benalla's vibrant town centre, including the renowned Art Gallery, local cafes, and the newly rebuilt police station and community facilities.
Investment Highlights
•Massive 1,632m² level block in a prime residential pocket.
•Approved 3-lot subdivision permit (Application 3422896).
•All town services available and ready for connection.
•Priced competitively at $320,000 to reflect both its size and development potential.
Benalla is experiencing steady growth, with median house prices reaching over $500,000. This block represents a strategic entry point into a thriving market. Don't miss out on this versatile property! Whether you develop, invest, or build, 71A Cowan Street offers a future full of possibilities. Contact our office today for further information.
Listing description written by Mandy Reed, Living Here Benalla — reproduced as published, not verified by Districts.