56 Livingston Boulevard, Benalla VIC 3672

Off-plan new home | 4-bed family format | estate guidelines | near regional transport | growing community This property presents a competitively priced entry into a master-planned community, a configuration that aligns with durable demand from families and upgraders seeking modern housing in a regional node. Its value is anchored in the estate’s enforced design standards, which protect streetscape appeal and underpin a premium community feel over time. The offering is strongest for an owner-occupier seeking a turnkey solution in a tranquil, landscape-oriented setting with direct access to highway and rail links, effectively serving as a lifestyle pivot with lower density than metropolitan alternatives. For an investor, it captures the tailwinds of an actively developing area where new infrastructure and community cohesion are still being capitalised into values. The decision hinges on accepting development-phase risks, including the final build quality and the timeline for the broader estate to mature, which costs the buyer in immediate amenity and reliance on future growth projections. The commercial logic rests on acquiring at a fixed price before the estate is complete, banking on the scarcity of new housing in a supply-constrained regional market. Given the tenure data showing no long-term holders, this is a near-term play; hold for a minimum of five years to ride the estate’s completion and initial growth cycle, using it as a rental to service the debt while the location premium solidifies. Recent sales on Livingston Boulevard indicate a land value trajectory. Lot 3 sold for $165,000 (513m²) in September 2024. Other recent sales, while for smaller land parcels, show varied annual growth: Number 44 achieved 10.19% annual growth over two years, selling for $200,000, while Number 25 saw a -4.02% annual decline. This mixed performance underscores a market in formation, where individual lot characteristics and build quality will dictate outcomes. For 56 Livingston Boulevard, the $605,000 estimated value for a 451m² lot with a new house appears positioned above raw land value, justifying its price through the cost of construction and the premium for a completed, off-plan home in a controlled environment.