Lot 23 Courser Rd, Benalla, VIC

"Maximize your investment potential with this high-yield regional property delivering exceptional returns in Victoria's growing northeast corridor"

Property analysis by:

Investment Highlights

This premium co-living investment at Lot 23 Courser Road in Benalla represents an outstanding opportunity to secure an exceptional yield in one of Victoria's strategic regional centers. The property features a spacious 3-bedroom, 3-bathroom residence offering 158.63m² of contemporary living space on a 602m² land parcel with the attractive "Protea 159 Delta" design.

Superior Financial Performance

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

• Industry-leading 8.95% gross rental yield - substantially higher than metropolitan investment properties
• Professional rental appraisal confirming $1,050 weekly income
• Substantial annual gross income of $54,600 enabling strong positive cashflow
• Turnkey contract price of $609,790 representing excellent value for a cash-flow positive investment
• Land contract component of $230,000 with build contract at $379,790 offering potential tax benefits

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
• Flooring throughout
• Downlights
• Fly-screens
• Fencing & letterbox
• Front & rear landscaping
• Alarm system

Prime Growth Location

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

• Located in Victoria's northeast corridor with excellent road and rail connections to Melbourne
• Affordable entry point compared to metropolitan investment opportunities
• Strong rental demand evidenced by consistently low vacancy rates
• Significant infrastructure investment in the broader region
• Diverse economic base including agriculture, manufacturing, and tourism

Strategic Demographic Advantages

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

• Balanced owner-occupier to renter ratio providing stable local market dynamics
• Growing population with increasing demand for quality rental accommodation
• Significant shift towards regional living accelerated by remote working trends
• Attractive lifestyle factors drawing both tree-changers and retirees to the area

Room Rental Demand

The room rental market in Benalla shows strong fundamentals for co-living investments:

• Growing demand for affordable accommodation options in regional centers
• Limited supply of purpose-built co-living accommodation creating market opportunity
• Increasing appeal of shared living arrangements particularly among younger demographics
• Rental rates of $320-370 per room per week confirming strong income potential

Educational & Community Infrastructure

The town benefits from excellent community amenities:

• Well-established education facilities including primary and secondary schools
• Comprehensive healthcare services including Benalla Health hospital
• Rich cultural attractions including the Benalla Art Gallery
• Excellent sporting facilities catering to diverse recreational interests
• Beautiful natural environment with Lake Benalla and surrounding parklands

Development Activity

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

• Steady development approvals showing consistent but measured growth
• Strategic planning framework guiding appropriate development
• Focus on maintaining town character while accommodating growth

Market Timing Advantage

Current market conditions favor investment entry:

• Controlled ongoing development ensuring supply-demand balance
• Increasing rental rates reflecting strong tenant demand
• Growing rental yield curve showing increasing returns for property investors
• Relatively affordable entry point compared to metropolitan alternatives

Investment Summary

The 3-bedroom co-living opportunity at Lot 23 Courser Road represents a premium investment combining immediate strong cashflow with solid long-term growth potential. The impressive 8.95% rental yield substantially outperforms traditional property investments, while the strategic location in one of Victoria's growing regional centers provides strong fundamentals for capital appreciation.

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