Benalla vs Timboon
Property investment comparison - Benalla, VIC 3672 vs Timboon, VIC 3268
Head-to-head across core investment metrics: Benalla wins 4, Timboon wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Benalla | Timboon |
|---|---|---|
| Median house price | $510K | $515K |
| Median unit price | $350K | $670K |
| Gross rental yield (houses) | 5.10% | - |
| Gross rental yield (units) | 5.42% | 2.27% |
| 1-year house growth | +10.4%estimate | +5.7% |
| 3-year house growth | - | +5.5% |
| Vacancy rate | 3.2% | 2.9% |
| Population | 10,822 | 1,250 |
Benalla vs Timboon: what the numbers say
The median house price is $510K in Benalla and $515K in Timboon, so Benalla is the cheaper entry point, with Timboon houses about 1% dearer.
For units, Benalla sits at a median of $350K against $670K in Timboon, which makes Benalla the more affordable unit market and Timboon the pricier one.
Over the past year house prices moved +10.4% in Benalla (an estimate) and +5.7% in Timboon, so recent momentum favours Benalla, although both suburbs recorded growth.
Rental vacancy is 2.9% in Timboon and 3.2% in Benalla, so landlords in Timboon face less competition for tenants.
Benalla is the bigger suburb, with a population of 10,822 against 1,250, roughly 9 times the size of Timboon; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Benalla for a lower purchase price, Benalla for recent price momentum, Timboon for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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