SOLD
RECENT ADVICE
Sold on 16 May 2024 for $950,000

5254 Midland Highway
Benalla VIC 3672

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 24ac
Save

Property Details for 5254 Midland Hwy, Benalla

Building Type
Rural
Land Size
24ac
Local Government
Benalla
Lot/Plan
2/PS319680

Last Listing description (May 2024)

- Magnificent Broken River Frontage.
- Enviable lifestyle for the retiree or family.
- Beautifully positioned 8km Benalla CBD.

- Solid and tasteful 3 bedroom brick veneer home.
- Established rivers edge garden & views.
- 2 megalitre stock & domestic water license.
- Extensive undercover vehicle parking.
- Good quality post and wire fencing.
- Lock up shedding for farm and garden equipment.
- Steel cattle yards and loading ramp.

5254 MIDLAND HIGHWAY BENALLA – RURAL RETREAT ON EXTENSIVE BROKEN RIVER FRONTAGE – A RARE OPPORTUNITY

Ideally located on the Midland Highway only 8 kilometres west of Benalla, the idyllic property is being offered for sale by Elders Real Estate Wangaratta
The property with its substantial brick family home has direct Broken River frontage of over half a kilometre offering stunning water views. There is productive farm land area of ten hectares (approx. 24 acres on a single title) with good quality fencing.

The home has three bedrooms, one bathroom, separate laundry and toilet, a fully equipped kitchen with walk in butler’s pantry and separate living and dining areas. There is an open fireplace and split system for wintery days. The northern orientation of the home offers expansive views of the river through floor to ceiling windows.

The position of the home on the high bank of a magnificent stretch of the Broken River is rare and highly sought after. There is a large deck adjoining the home which is a great place for a gin and tonic as you watch the sun set on the western horizon over the river.

The property is located about two kilometres upstream of the historic Casey Weir which makes this stretch of the Broken popular to kayakers and fishing enthusiasts as the high water level extends right back to the Benalla township area.

There is a two megalitre stock and domestic water right with an electric pressure pump for an inground sprinkler system. The established gardens were planted over 40 years ago with mature deciduous trees and an orchard with quince, pear, hazelnut, citrus and olive plantings.

There is a fifteen megalitre irrigation pumping right which will be offered to the successful purchaser as the first right of purchase.

The property offers steel cattle yards, a combined garden, storage and workshop shed, plus a separate large two car carport adjoining the home.
There are timbered verandas on all four sides of the home, solar panels, plus two rain water tanks of a combined 44,000 litres of storage.

Local Elders Real Estate agent and auctioneer Michael Everard says that 5254 Midland Highway abounds with promise as a family living destination or hobby farm with the benefits of productive pastures, an established orchard and gardens and a number of ancient Red Gum trees.

“The vendor is selling to downsize after fully enjoying this unique property for over 40 years with her now grown family.

For more property information or to book an appointment to view 5254 Midland Highway Benalla contact Elders Real Estate’s Wangaratta office or selling agent Michael Everard on 0408 653 161.

Property History for 5254 Midland Hwy, Benalla, VIC 3672

A timeline of how this property has performed in the market
Last Sold
$950,000
16 May 2024
  • 15 May 2024
    Sold for $950,000
  • 28 Aug 2023
    Listed for Sale $990,000 - We are ready to talk

Commute Calculator

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, 272 properties were sold in the past 12 months in Benalla.

Suburb Insights for Benalla 3672

Market Insights
Benalla Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Benalla Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Michael Everard
Show contact details
Dave Colvin
Show contact details
Elders Rural Services Australia
Preferred contact:
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.