81 Thomas Street, Benalla, VIC 3672 | Land for sale | OnTheHouse
 
FOR SALE
$250,000

81 Thomas Street
Benalla VIC 3672

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Land area: 637m2
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Build Sooner, Profit Faster - NDIS, 3-Unit Development or Your Dream Family Home

Presenting a rare and highly valuable opportunity, this vacant parcel of land offers exceptional flexibility for developers, investors, and owner-occupiers alike. Whether you're looking to develop NDIS accommodation, proceed with a previously approved 3-unit residential project, or build your dream family home, this property provides multiple pathways to maximise its potential.
What makes this property truly stand out is that much of the hard work has already been completed. Extensive planning, approvals, design work, and supporting documentation have been undertaken, making the site construction-ready with approvals and documentation substantially complete. This can significantly reduce development timeframes, approval risks, and holding costs, allowing purchasers to move forward with confidence.
For investors and developers seeking exposure to the growing disability accommodation sector, the NDIS-approved option presents an outstanding opportunity. Demand for quality Specialist Disability Accommodation (SDA) and NDIS housing continues to increase across regional Victoria and Australia, creating strong long-term investment potential while delivering meaningful community outcomes.
Alternatively, the previously approved 3-unit development provides an attractive residential development opportunity in a market where quality housing remains in demand. Whether your strategy is to build and sell, build and hold, or expand your existing portfolio, this option offers flexibility and future growth potential.
For families looking to create their forever home, this generous allotment provides the ideal blank canvas to design and build a residence tailored to your lifestyle, all within a well-established and growing community.
Conveniently located close to schools, shopping facilities, medical services, public transport, and essential local amenities, this property combines location, opportunity, and future growth in one compelling package.
Opportunities offering this level of flexibility, preparation, and potential are increasingly difficult to find. Secure this exceptional site today and take advantage of the time, money, and effort already invested in unlocking its full potential.
Key Features:
• Choice of NDIS housing development, previously approved 3-unit development, or your dream family home
• Construction-ready with approvals and documentation substantially complete
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Property Details for 81 Thomas St, Benalla

Building Type
Land
Land Size
637m2
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About Benalla 3672

The size of Benalla is approximately 315.3 square kilometres. There are 32 parks, covering nearly 7.6% of the total area. The population of Benalla in 2016 was 10330 people. By 2021 the population was 10822 showing a population growth of 4.8% in the area during that time. The predominant age group in Benalla is 60-69 years. Households in Benalla are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Benalla work in a professional occupation.In 2021, 69.40% of the homes in Benalla were owner-occupied compared with 67.20% in 2016.

Benalla has 7,382 properties. Over the last 5 years, Houses in Benalla have seen a 39.86% increase in median value, while Units have seen a 33.82% increase. As at 31 May 2026:

  • The median value for Houses in Benalla is $512,747 while the median value for Units is $362,086.
  • Houses have a median rent of $500 while Units have a median rent of $380.
There are currently 55 properties listed for sale, and 37 properties listed for rent in Benalla on OnTheHouse. According to Cotality's data, 392 properties were sold in the past 12 months in Benalla.

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