OFF MARKET

2/5 Margaret Street
Benalla VIC 3672

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 221m2
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Property Details for 2/5 Margaret St, Benalla

2/5 Margaret St, Benalla is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 221m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
1982
Floor Size
83m2
Land Size
221m2
Local Government
Benalla
Lot/Plan
2/PS329321

Last Listing description (November 2023)

2/5 Margaret Street is in a highly sought after location, close to shops, schools, parks and only a short stroll to Benalla's CBD. Recently refurbished with new carpet, painting throughout and new split system. Large laundry with storage, kitchen with gas cooking. The property is currently tenanted with a fantastic tenant and is returning $320pw in rent. Set on a block of 3 stand alone units with separate garage and lovely low maintenance back garden area. This is a great opportunity to add to your rental portfolio.
Call Living Here today to arrange your inspection.

Property History for 2/5 Margaret St, Benalla, VIC 3672

A timeline of how this property has performed in the market
Last Sold
$300,000
03 Oct 2023
Listed for Rent
$350/w
01 Jul 2022
  • 03 Oct 2023
    Sold for $300,000
  • 29 Aug 2023
    Listed for Sale $309,000
  • 16 Aug 2023
    Listed for Rent $350 / 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 7,138 properties. Over the last 5 years, Houses in Benalla have seen a 57.23% increase in median value, while Units have seen a 49.78% increase. As at 31 October 2024:

  • The median value for Houses in Benalla is $428,618 while the median value for Units is $321,076.
  • Houses have a median rent of $450 while Units have a median rent of $350.
There are currently 48 properties listed for sale, and 20 properties listed for rent in Benalla on OnTheHouse. According to CoreLogic's data, 268 properties were sold in the past 12 months in Benalla.

Suburb Insights for Benalla 3672

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.