PropTimeSuburbsVICBenalla

Benalla

3672 · VIC · Regional · Data updated May 2026
56
Monitor
out of 100
Vacancy Rate
1.7%
Rental Yield
4.6%
12m Growth
+2%
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What the data says about Benalla

Benalla shows mixed investment signals that warrant careful consideration. A vacancy rate of 1.7% in Benalla indicates a relatively balanced rental market with reasonable tenant demand.

Price growth of 2% over the past 12 months is below the national average, suggesting limited capital growth momentum. Rental yields of 4.6% are reasonable, affecting income return potential. New dwelling approvals in the area have increased, which may moderate price growth as additional supply enters the market.

PropTime's composite model scores Benalla at 56/100. Investors should conduct thorough due diligence and consider the full 15-factor breakdown available with a free account.

15-factor analysis

5 of 15 shown free
Vacancy Rate
1.7%
5/10
Rental Yield
4.6%
5/10
Price Growth 12m
+2%
3/10
Days on Market
26 days
6/10
Population Growth
1.7%
7/10
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Including building approvals, rental growth, vendor discounting, infrastructure score, and climate risk.
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Investment profile for Benalla

56
Growth score
Capital appreciation outlook
55
Cashflow score
Rental income strength
56
Overall score
Combined investment signal

Benalla shows stronger capital growth indicators than cashflow metrics. The 2% price growth and 1.7% vacancy rate suggest Benalla is better suited to investors with a longer hold horizon seeking capital appreciation.

Similar suburbs to Benalla

Warrnambool
3280 · VIC
62
Carrum Downs
3201 · VIC
62
Hamilton
3300 · VIC
61

Frequently asked questions about Benalla

Is Benalla a good place to invest in property?

Based on PropTime's analysis of 15 demand and supply indicators, Benalla scores 56/100 — a Monitor signal. Key indicators include a 1.7% vacancy rate, 4.6% rental yield, and 2% price growth over the past 12 months. Create a free PropTime account to see the complete 15-factor breakdown and cashflow calculator pre-filled with Benalla data.

What is the vacancy rate in Benalla?

The current vacancy rate in Benalla is 1.7%. This represents a reasonably healthy rental market. Some vacancies exist but tenant demand remains solid.

What is the rental yield in Benalla?

The gross rental yield in Benalla is 4.6%. The Australian national average is approximately 4.5%, so Benalla is above average — a positive sign for cashflow investors. Use PropTime's free cashflow calculator to model the full weekly cashflow for Benalla.

What is the property outlook for Benalla?

PropTime's composite model scores Benalla at 56/100 as of May 2026. Price growth of 2% over the past 12 months reflects current market conditions. Create a free PropTime account to access the full 15-factor analysis for Benalla.

How does Benalla compare to similar suburbs?

Benalla scores 56/100 on PropTime. Similar suburbs by score include Warrnambool, Carrum Downs, Hamilton, all within the same VIC market.

Get the complete Benalla analysis

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✓ Cashflow calculator pre-filled with Benalla data
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