2/2A Bourke Drive, Benalla VIC 3672

2/2A Bourke Drive, Benalla VIC 3672
2/2A Bourke Drive, Benalla | dual-occupancy villa on 798mยฒ | 3 bed, 1 bath, 2 car | regional residential | valuation discrepancy signals title risk. The buying case rests on the 798mยฒ lot in a regional town, rare for a villa or unit, offering land content that typically appreciates while the dwelling provides rental yield. The dual-occupancy configuration suggests it suits an investor seeking two income streams or a buyer wanting a home with a separate tenancy. The active listing with floor plans and school catchments indicates transparent selling, reducing discovery risk for a regional purchase. The valuation gap from $80k to $429k flags a critical risk: the property may be strata-titled or leasehold, limiting land ownership and resale pool. This costs the buyer liquidity and equity growth. Opportunity lies in verifying title via Landata VIC; if freehold, the land size is undervalued. Hold for land banking or rent for cash flow, but only after title clarity.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 2/2A Bourke Drive, Benalla VIC 3672
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Market Insight:

Benalla presents as an affordable regional hub with a mature demographic profile, attracting downsizers and investors. Demand is driven by childless couples and professionals seeking value, supported by solid rental yields and strong capital growth, particularly in the unit segment. The market demonstrates healthy momentum with competitive days on market, though future growth may be tempered by its established population base and lower transaction volumes in certain sectors.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

2

Land

400mยฒ

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