Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

VIC › Benalla › Burness Rd Four Mile Rd

Cnr Burness Rd Four Mile Rd, Benalla VIC 3672

For saleRural Property

$595,000

For sale

Asking

0

Bedrooms

0

Bathrooms

0

Car spaces

418,312 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $595,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $595,000(Listing record · 6 Mar 2026)
  • FactLand 418,312 m²; no building size recorded.(Property record)
  • CalculationAsk is 19% above the Benalla median recorded sale ($500,000, n=154, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Benalla's advertised median rent ($464/wk), implied gross yield would be 4.06% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$595,000

Asking · $1/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.

See the full Benalla report →

Vs Benalla

+19.0%

Median sale

Suburb $500,000

-0.77 pp

Gross yield

Suburb 4.83%

Suburb median $500,000 from 154 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$595,000
Stamp Duty (Victoria)
$30,770
Transfer/Registration Fee
$1,497
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$630,967

$35,967 on top of the price (6.0% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Benalla's advertised median rent — not a rent for this listing.

Net yield
2.56%
Annual cashflow (pre-tax)
$-15,737
Interest cover (DSCR)
0.49
Annual rent
$24,128
Operating expenses
$8,925
Loan amount
$476,000
Annual interest
$30,940
Gross yield
4.06%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$595,000available5 Mar 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 4.1%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Benalla in one glance

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.

See the full Benalla report →

Keep researching

  • Why Benalla? Read the area thesis →
  • What else is on the market in Benalla →
  • Other records on Burness Rd Four Mile Rd →

Listing material

Listed by Nutrien Harcourts Benalla

The REDGUM PADDOCK - outstanding 103 Ac Benalla lifestyle property

The Redgum Paddock presents an outstanding opportunity to purchase an affordable farming or development block located just minutes from the Rural City of Benalla. At 103.5 Acres, this will provide a buyer with great options to build their dream home and sit back to enjoy the best of rural living.

This is an extremely picturesque property, ticking a lot of important boxes for a rural lifestyle block. With its boundaries encompassing both sides of the Baddaginnie Creek and its seasonal lagoons, there are many large River Redgums which attract a wealth of native birdlife and add to the serenity.

If farming is what drives you, then this is a great place to run livestock, with secure boundary fencing and a couple of dams, the soils are a productive clay loam with good water retention properties. Pastures are perennial with a good Phalaris base.

Read the full description

Due to the drainage and slight elevation enjoyed here, the land is little affected by waterlogging and there is no flood inundation overlay covering the title, unlike some of the neighbouring areas.

Suitable for sheep, cattle, horses or goats, you will enjoy the versatility of being able to develop the enterprise to live out your farming interests.

The corner location at the intersection of Four Mile Rd and Burness Rd has sealed road frontage and a choice of multiple house sites (STCA) with stunning Rural views. If a lifestyle block is what you are seeking this one must be at the top of your list.

For Private Sale $620,000 - contact agent Luke Marple today to arrange your private inspection.

Listing description written by Luke Marple, Nutrien Harcourts Benalla — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.