SOLD
Sold on 12 Jul 2024 for $270,000

27 Railway Place
Benalla VIC 3672

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 121m2
Land area: 308m2
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Property Details for 27 Railway Pl, Benalla

27 Railway Pl, Benalla is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 308m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Benalla in the last 12 months.

Building Type
House
Year Built
1940
Floor Size
121m2
Land Size
308m2
Local Government
Benalla
Lot/Plan
2/LP39913

Last Listing description (August 2024)

Behind closed doors a rare opportunity awaits you with this Mixed zoning dwelling It is on a select corner location on the edge of the CBD. You will be able to operate your Office here & reside in the recently renovated home. leased out @$450 per week, so you may purchase simply as a rental investment.
Amazing 8.5% return on Investment against industry standard.
Ideal main road exposure for a bookkeeper, business operator. Another major point that it has two road accesses. Plenty off road parking is available. Visual road appearance is fantastic.

The main residence has three (3) Bedrooms & the two (2) bathrooms. Also, carport at the front & a shed at the rear.

It has tastefully been renovated throughout. See the photos online & call. Price Reduction to SELL $269,999.

VENDOR will talk business this weekend 12.05.2024

A great add on that you may consider constructing huge deck off the second kitchen. Scope to do so many of your on touches, SO MUCH POTENTIAL. This is GEM of an Investment in the solid Benalla Market.

Dont hesitate CALL NOW!

Property History for 27 Railway Pl, Benalla, VIC 3672

A timeline of how this property has performed in the market
Last Sold
$270,000
12 Jul 2024
Listed for Rent
$400/w
22 May 2023
  • 12 Jul 2024
    Sold for $270,000
  • 03 Apr 2024
    Listed for Rent $420 / week
  • 22 Jan 2024
    Listed for Sale Not Disclosed
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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 7,136 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 47 properties listed for sale, and 20 properties listed for rent in Benalla on OnTheHouse. According to CoreLogic's data, 273 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.