11 Woods Drive, Benalla VIC 3672
11 Woods Drive, Benalla VIC 3672
Large lot with development potential | Conflicting land size data | Flood zone noted | Owner-occupier market | New house package available
The property is regarded as a rare large land holding in Benalla, with one source indicating a land size exceeding 36,000 square metres. This scale is considered unusual for the area and is well suited to development or a semi-rural lifestyle. A house-and-land package is also available, which includes a new build option with contemporary features. Given Benalla’s strong owner-occupier base, steady demand is expected for both land and new homes. The property is best suited to buyers seeking a large lot, a new house, or development potential. Its size and configuration are viewed as a competitive advantage.
The flood zone constraint may influence development feasibility and insurance costs. Conflicting reports on the property’s land size may also affect a buyer’s assessment of value. These uncertainties should be weighed carefully when forming a price view.
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Woods Drive, Benalla VIC 3672
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
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
935m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!