10 Monash Drive, Benalla VIC 3672
10 Monash Drive, Benalla VIC 3672
Family-sized home with pool and solar | Zoned for Benalla P-12 College | Owner-occupied street with 90% homeowners | Mid-to-upper market positioning in Benalla
This property presents a compelling buying case for families seeking a turnkey home in a stable residential pocket. The 850m² block with a 369m² building footprint provides generous internal and outdoor space, while the swimming pool and solar panels reduce ongoing living costs and add lifestyle appeal. The street’s 90% owner-occupier ratio signals low turnover and strong neighbourhood pride, which typically supports long-term value retention. For a buyer targeting the Benalla market, this house offers a rare combination of size, features, and established residential positioning that is difficult to find at this level.
The primary risk here is valuation variability, with estimates ranging from $580,000 to $707,000, suggesting the final price will depend heavily on condition and buyer competition. No bushfire, flood, or heritage overlays were detected, which simplifies due diligence and reduces insurance complexity. The opportunity lies in the property’s rental potential of around $590 per week, offering a moderate yield for an investor-occupier. Buyers should note the minor data inconsistency regarding car spaces, and verify the exact configuration during inspection.
Detailed Independent Property Report prepared by PropCred Analyst team for 10 Monash Drive, Benalla VIC 3672
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
1
URL has been copied successfully!
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.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
849m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!