11 Senator Drive, Benalla VIC 3672
11 Senator Drive, Benalla VIC 3672
3-bedroom family home | 844m² lot with 363m² building | established Benala neighbourhood | multiple living zones and modern kitchen
This property offers a rare configuration advantage in Benalla: a 363m² building on an 844m² lot provides exceptional internal space without the maintenance of a large block. The multiple living zones, central kitchen with island bench, and master suite with ensuite and walk-in robe position it as a strong family home or rental option. For buyers seeking a move-in ready house with generous proportions, this property’s layout and recent sales history suggest it is competitively priced relative to its size. It serves best for families wanting separation of living areas or investors targeting long-term tenants who value space.
The key risk is the 2017 purchase price of $111,500, which creates a significant capital gains tax liability for any seller—this may pressure future resale pricing. However, the 844m² lot with 43% building coverage leaves room for future subdivision or extension, subject to council approval. The lack of bushfire, flood, or heritage overlays reduces holding risk. For a buyer, this property should be held as a long-term family home or rented for stable yield, with subdivision considered only after zoning review.
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Senator Drive, Benalla VIC 3672
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
1
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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
2
Parking
2
Land
844m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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