SOLD
RECENT ADVICE
Sold on 02 Aug 2024 for $270,000

56 Nunn Street
Benalla VIC 3672

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 112m2
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Property Details for 56 Nunn St, Benalla

Building Type
Commercial
Land Size
112m2
Local Government
Benalla
Lot/Plan
2/PS601270

Last Listing description (August 2024)

A good Tenant in place leasing with ongoing operation as Indian Restaurant.

Main Kitchen & Restaurant area. 132 Square Metre Freehold Premises.

It has rear access to the premises with Parking for two cars.

Rear toilet & kitchenette.

Great main road exposure.

Benalla is huge growth corridor in Victoria - Invest for safe returns.

Property History for 56 Nunn St, Benalla, VIC 3672

A timeline of how this property has performed in the market
Last Sold
$270,000
02 Aug 2024
Listed for Rent
$220/w
08 Jul 2011
  • 02 Aug 2024
    Sold for $270,000
  • 28 Jul 2023
    Sold for $270,000
  • 10 Jun 2023
    Listed for Sale $270,000
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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 7,120 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 55 properties listed for sale, and 23 properties listed for rent in Benalla on OnTheHouse. According to CoreLogic's data, 256 properties were sold in the past 12 months in Benalla.

Suburb Insights for Benalla 3672

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Brian J. Howe Real Estate
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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.