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Sold on 26 Jan 2024 - Price Unavailable

1/17 Commercial Road
Benalla VIC 3672

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 172m2
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Property Details for 1/17 Commercial Rd, Benalla

1/17 Commercial Rd, Benalla is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 172m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom House sold in Benalla in the last 12 months.

Building Type
House
Land Size
172m2
Local Government
Benalla
Lot/Plan
1/CS1762

Last Listing description (January 2024)

A well-maintained complex is a direct walk to Sports grounds, Benalla Train and Bus Station, The North Eastern (Northo) Hotel & Farmers arms hotel as well as Benalla's main street of shops. It's also a short car ride to Lake Benalla, lakeside walking trails, botanical gardens, excellent schools and the freeway.

Inside the home presents two-bedrooms both with built in robes and central bathroom of which features a shower, single vanity and toilet. An open-plan living and dining area that effortlessly blends together creating that perfect sense of space within the home. Just off this space you have a tightly held original kitchen with gas cooktop & oven. Exterior to the home is a one car, carport to the side of the home and a small rear yard with a garden shed.
With a strong rental return this is a great opportunity for a investor to secure a set and forget.

What makes this property even more enticing is the prospect of securing a great investment. With the current tenant in place, it's an excellent opportunity for those looking to step into the world of investment or a first home buyer.

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Property History for 1/17 Commercial Rd, Benalla, VIC 3672

A timeline of how this property has performed in the market
Last Sold
26 Jan 2024
Listed for Rent
$240/w
06 Oct 2020
  • 05 Jan 2024
    Sold for $244,000
  • 23 Nov 2023
    Listed for Sale $240,000 - $260,000
  • 01 Oct 2020
    Listed for Rent $240 / week
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About Benalla 3672

The size of Benalla is approximately 315.3 square kilometres. It has 32 parks covering nearly 7.6% of total area. The population of Benalla in 2011 was 10,333 people. By 2016 the population was 10,355 showing a population growth of 0.2% in the area during that time. The predominant age group in Benalla is 60-69 years. Households in Benalla are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Benalla work in a trades occupation. In 2011, 67.7% of the homes in Benalla were owner-occupied compared with 67.2% in 2016.

Benalla has 7,127 properties. Over the last 5 years, Houses in Benalla have seen a 60.82% increase in median value, while Units have seen a 38.68% increase. As at 31 August 2024:

  • The median value for Houses in Benalla is $422,577 while the median value for Units is $302,953.
  • Houses have a median rent of $440 while Units have a median rent of $350.
There are currently 51 properties listed for sale, and 21 properties listed for rent in Benalla on OnTheHouse. According to CoreLogic's data, 268 properties were sold in the past 12 months in Benalla.

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