3/16 Benson Street, Benalla VIC 3672
3/16 Benson Street, Benalla VIC 3672
2-bed unit in small complex | 192sqm land, lock-up garage | ducted gas heating, refrigerated cooling | quiet low-density Benalla setting
This property offers a compact and low-maintenance living arrangement that is relatively uncommon in Benalla, where detached houses dominate the market. The small four-dwelling complex at 16 Benson Street provides a boutique, low-density environment that appeals strongly to downsizers seeking to reduce upkeep without sacrificing a garage or private outdoor space, and to first-home buyers or investors looking for an entry-level price point with simpler ongoing costs. The inclusion of ducted gas heating and refrigerated cooling in the lounge adds genuine comfort, and the 192-square-metre land size, while modest, is typical for this unit format and supports a manageable garden.
The configuration of a two-bedroom unit with a single lock-up garage and no confirmed second bathroom or separate study may limit its appeal to families or those needing extra space, which could narrow the buyer pool. The absence of any detected bushfire, flood, or heritage overlays is a neutral factor but removes a potential discount for insurance or development risk. Without verified recent comparable sales or a confirmed build year, the price should be weighed against the condition of finishes and the age of the complex, as older unit stock may require more immediate maintenance than a newer detached house in the same suburb.
Detailed Independent Property Report prepared by PropCred Analyst team for 3/16 Benson Street, Benalla VIC 3672
Checks found:
Value Risk
1
Liquidity Risk
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
2
Bathroom
1
Parking
1
Land
188m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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