Lot 24 Courser Rd, Benalla, VIC

"Future-proof your wealth with this outstanding income generator in Victoria's thriving regional corridor"

Property analysis by:

Investment Highlights

This exceptional investment opportunity at Lot 24, Courser Road in Benalla presents a strategically positioned 4-bedroom residence offering 172.26m² of quality living space on a generous 765m² land parcel. Meticulously designed for both capital growth and immediate cashflow, this property delivers an outstanding 8.3% rental yield in one of Victoria's emerging regional hotspots.

Superior Financial Performance

The property demonstrates remarkable financial metrics that significantly outperform traditional residential investments:

• Impressive 9.0% gross rental yield - substantially higher than metropolitan and typical residential investments
• Professional rental assessment confirming $1,140 weekly income ($59,280 annually)
• Turnkey contract price of $657,825 representing excellent value with minimal entry costs
• Land contract component of $260,000 with build contract at $397,825 offering potential tax advantages
• Robust rental demand evidenced by consistently low vacancy rates under 1%
• Strong rental growth trajectory shown in market data with steady increases over recent years

Complete Turnkey Package

This offering includes a comprehensive turnkey package minimizing additional investment and maintenance costs:

• 20MM Composite stone benchtops
• Dishwasher - stainless steel
• Split system air conditioner
• Coloured sealed concrete driveway
• Premium flooring throughout
• Energy-efficient downlights
• Fly-screens
• Complete fencing & letterbox
• Professionally landscaped front & rear gardens
• Integrated alarm system
• Waratah 172 Delta contemporary design

Prime Growth Location

Benalla represents one of Victoria's strategic regional centers with excellent investment fundamentals:

• Located in Victoria's thriving regional corridor with excellent connectivity
• Just 2 hours from Melbourne via the Hume Highway making it accessible for commuters and day trips
• Vibrant regional city with robust local economy and diverse employment base
• Strong government investment in regional infrastructure and services
• Growing population base driving increased housing demand
• Significant lifestyle appeal with lower cost of living and attractive amenities

Strategic Demographic Advantages

The region profile reveals key demographic indicators supporting strong ongoing rental demand:

• Diverse employment base spanning healthcare, education, manufacturing, and agriculture
• Growing tree-change movement bringing city residents to regional areas
• Increasing government focus on regional development and decentralization
• Affordable housing options attracting first-home buyers and investors
• Strong community infrastructure providing excellent livability metrics

Room Rental Demand

The room rental market in Benalla shows robust fundamentals:

• Growing demand for quality accommodation options in this regional center
• Professional rental assessment of $320-$370 per room per week confirming strong income potential
• Limited supply of new, high-quality rental stock creating market opportunity
• Increasing appeal of co-living arrangements particularly for workers and students

Educational & Community Infrastructure

The town benefits from excellent community amenities:

• Well-established education facilities including primary and secondary schools
• GOTAFE Benalla Campus providing vocational training opportunities
• Comprehensive healthcare services through Northeast Health Benalla
• Vibrant arts scene featuring the renowned Benalla Art Gallery
• Exceptional sporting facilities including Winton Motor Raceway
• Beautiful natural surroundings with the Broken River and Lake Benalla

Development Activity

The property is positioned in an area with controlled, sustainable development:

• Steady housing approvals showing consistent measured growth
• Strategic planning framework guiding appropriate development
• Investment in local infrastructure supporting property values
• New estates being carefully developed to meet market demand without oversupply

Market Timing Advantage

Current market conditions favor investment entry:

• Rising median rents with significant growth in recent years
• Growing rental yield curve showing increasing returns for property investors
• Relatively affordable entry point compared to metropolitan alternatives
• Favorable vacancy rates under 1% indicating strong rental demand

Investment Summary

The 4-bedroom property at Lot 24, Courser Road represents a premium investment combining immediate strong cashflow with solid long-term growth potential. The impressive 9.0% rental yield substantially outperforms traditional property investments, while the strategic location in one of Victoria's thriving regional corridors provides strong fundamentals for capital appreciation.

For investors seeking both immediate positive cashflow and substantial wealth creation through capital growth, this turnkey property in Benalla delivers an exceptional opportunity to secure a position in one of Victoria's most livable regional locations.