6 Deas Street, Benalla VIC 3672

Flood risk | inconsistent land size data | mixed rental yield signals | pool maintenance liability The flood overlay is the primary structural risk here, potentially increasing insurance costs by 30-40% and limiting future resale pool to cash buyers or those willing to accept the hazard. The 802m² lot with a swimming pool and shed offers genuine scarcity in a tight Benalla market, but the building size inconsistency across sources suggests either a recent extension or measurement error that should be verified before contract. This property works best as a long-term hold in a suburb showing 10% annual price growth, but only if the buyer can absorb the insurance premium and has capacity for pool upkeep. What makes this competitively rare is the combination of four built-in robe bedrooms on a single level with a swimming pool and character renovations, all within walking distance to Benalla P-12 College and the lakeside track. For a family seeking school proximity and outdoor amenity without strata fees, this outperforms newer builds on smaller blocks. Buyers who proceed should commission a flood risk assessment and structural survey before exchange, as the value gap between listed range and estimated value suggests room to negotiate if the flood overlay is formally applied.