37 Clarke Street, Benalla VIC 3672

37 Clarke Street, Benalla VIC 3672
4 bed home on 690sqm | updated with workshop and solar | zoned Benalla P-12 College | strong owner-occupier street character This property presents a compelling entry point into Benallaโ€™s family housing market. Its 690sqm block with a workshop and solar panels, in an established street where 85% of residents are owners, signals a low-turnover pocket with stable demand. The updated bathroom and open-plan layout reduce immediate capital outlay, while the walk-in robe to the main bedroom and built-ins across all four bedrooms meet the expectations of a young family or downsizer seeking single-level living. For a buyer targeting the sub-$400,000 bracket, the configuration and street profile offer a rare combination of move-in readiness and land depth. The primary risk is the propertyโ€™s 1955 build age, which may introduce unlisted maintenance on wiring, plumbing, or insulation that an older home typically carries. The floor area discrepancy across sources (153sqm versus 333sqm) warrants a physical measure before any renovation planning. That said, the price guide sits well below the suburbโ€™s median for four-bedroom houses, and the rental estimate of $445โ€“$545 per week provides a credible floor for holding costs if the buyerโ€™s circumstances shift. Hold this property as a long-term family home or a low-leverage rental in a school-zoned, owner-occupied street.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 37 Clarke Street, 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

5

Bathroom

1

Parking

3

Land

624mยฒ

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