2/26 Monds Avenue, Benalla VIC 3672
2/26 Monds Avenue, Benalla VIC 3672
Compact 2-bed unit | built-in robes and ceiling fans in both bedrooms | 194 m² land in Benalla | sold previously at $335,000
This property offers a straightforward entry point into Benalla’s housing market, particularly suited to first-home buyers or investors seeking a low-maintenance holding. The 194 m² lot is modest but functional for a unit, and the inclusion of built-in robes and ceiling fans in both bedrooms lifts the interior above basic stock. It sits in a regional town where two-bedroom units are typically marketed in the mid-$300,000s, and this example aligns with that bracket without being exceptional. The configuration is compact, which may limit family appeal but keeps ongoing costs manageable.
The previous sale at $335,000 provides a recent benchmark, though the current asking range of $360,000–$380,000 suggests some price growth or renovation expectations. The absence of detail on finishes, building age, or aspect means the property’s true condition must be verified in person. A buyer should weigh whether the land size and interior features justify the premium over the prior sale, and whether the unit’s location within Benalla supports future demand. Rental yield and school catchment details would clarify its investment viability.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/26 Monds Avenue, Benalla VIC 3672
Checks found:
Value Risk
✓
Liquidity Risk
✓
Planning Risk
✕
2
Income Risk
✓
Execution Risk
✕
2
Insight: Benalla VIC 3672
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.
PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
194m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst