All About Benambra, East Gippsland, VIC, 3900

Benambra, located in the picturesque region of East Gippsland, Victoria, offers a unique blend of rural charm and serenity, making it an appealing option for those looking to escape the hustle and bustle of urban living. The housing market in Benambra is characterized by its affordability and variety, with a range of properties from quaint cottages to sprawling rural estates. In recent years, there has been a steady interest in the area, largely driven by those seeking a peaceful lifestyle change and the opportunity to embrace country living. Although property turnover is not as high compared to urban centers, buyers can still find a number of options that cater to different budgets and preferences, particularly those interested in larger land parcels or agricultural opportunities.

Living in Benambra is defined by its tight-knit community and stunning natural landscape, which offers a multitude of outdoor activities such as hiking, fishing, and bird watching. The town's proximity to the Alpine National Park provides residents with easy access to breathtaking scenery and a host of recreational pursuits. Despite its rural setting, Benambra maintains essential amenities including a local general store, and it benefits from community events that foster a sense of togetherness among residents. The pace of life is slower, allowing inhabitants to enjoy a harmonious balance between work and leisure. Overall, Benambra is ideal for those who value tranquility, natural beauty, and a strong sense of community.

Benambra Real Estate Market Outlook

Thinking about buying in Benambra? Now could not be a better time, with 633 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $306,000 with prices in this suburb ranging from $36,000 to $1,238,000. The aproximate distance to the coast is 92 Km.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Benambra due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Benambra changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Benambra to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Benambra the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Instant Property Valuation

---

---

---

---

---

---

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!