5905 Midland HighwayBenalla VIC 3672
Property Details for 5905 Midland Hwy, Benalla
Last Listing description (October 2026)
Positioned on just over five acres on the fringe of Benalla's CBD, this outstanding property presents a rare opportunity for developers, investors, transport operators, horse enthusiasts, or those simply seeking the perfect country lifestyle with town convenience.
With Industrial 1 Zoning (IN1Z) and strategic positioning on the Midland Highway, this has the potential as a high exposure development site.
Ideally located and offering exciting subdivision potential (STCA), the property combines space, versatility and convenience in one highly sought after package. Just minutes from Benalla's town centre, train station, schools, supermarkets, cafes and local amenities, you'll enjoy the best of both rural and urban living.
The neat and well maintained three bedroom home has been thoughtfully updated throughout and offers comfortable family living. Inside, you'll find a spacious living area, an open plan kitchen and dining zone, and a beautifully renovated bathroom featuring a walk-in shower and freestanding bath. All three bedrooms are generously sized and include built in robes and ceiling fans, while evaporative cooling and central heating ensure year-round comfort.
A practical laundry provides direct access to the backyard, while outside the property continues to impress with a single garage, a secure fenced yard, and convenient side access to the remainder of the acreage. A substantial double garage/shed with power offers excellent storage, workshop space or room for machinery and equipment.
With established infrastructure already in place and endless possibilities for future use, this is an exceptional opportunity to secure a sizeable parcel of land in one of North East Victoria's most desirable regional locations.
Whether you're looking to develop, operate a business, run horses, or simply enjoy a peaceful rural lifestyle close to town, this versatile property offers the space, flexibility and potential to make your vision a reality.
Property History for 5905 Midland Hwy, Benalla, VIC 3672
- 14 Oct 2026Sold for $640,000
- 11 Jun 2026Listed for Sale $690,000 - $750,000
- 08 Jul 2025Listed for Sale Not Disclosed
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0About 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 7,476 properties. Over the last 5 years, Houses in Benalla have seen a 38.71% increase in median value, while Units have seen a 22.17% increase. As at 31 August 2026:
- The median value for Houses in Benalla is $527,381 while the median value for Units is $360,426.
- Houses have a median rent of $500 while Units have a median rent of $380.
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