Real Estate Bena Vic 3946

Real Estate Market: Is Bena VIC 3946 a Good Suburb to Buy Into?

Housing Market in Bena

Key Bena Metrics & Forecast to 2028

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS Latrobe	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$501	Bottom 26%	22% to Mar 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Bena

Bena Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023

Bena

32.5%

Latrobe

33.6%

Compare
Suburbs

Field	Value	VS Latrobe	Trend
Development applications	0	Bottom 38%	Data for Jun 2025
Developments	1.3	Bottom 35%	Data for Jul 2023
Housing Stock Quality Indicator
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
Number of Subdivisions	2 lots	Bottom 13%	Data for Feb 2022
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	1	Top 44%	to Feb 2025

Housing Stock Quality in Bena

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023

Field	Value	VS Latrobe	Trend
Houses	100.0%	Top 31%	Data for Jan 2021
Average bedrooms - all homes	2.4	Bottom 42%	13% to Jan 2021
NBN connection: fibreoptic cable to node	0.0%	Bottom 37%	Data for Jun 2023

Development Restrictions in Bena

Bena Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023

Bena

17.4%

Latrobe

30.6%

Compare
Suburbs

Field	Value	VS Latrobe	Trend
Total area	75.0 sq km	Top 16%	Data for Jan 2021
Heritage overlay total area	0.0 sq km	Bottom 48%	Data for Jun 2023
Residential density	27300 sqm per resident	Top 8%	Data for Jan 2021

Risk in Bena

Bena Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Bena

34.3

Latrobe

36.1

Compare
Suburbs

Field	Value	VS Latrobe	Trend
% Owner Occupied	94.9%	Top 38%	1% to May 2023
% Rentals	5.1%	Bottom 38%	36% to May 2023
Housing Affordability Index	41	Top 25%	Data for Jun 2023
Median monthly mortgage	$1,740	Bottom 39%	14% to May 2023
Rent Affordability Index (Houses)	80	Top 42%	Data for Jun 2023
Rent Affordability Index (Units)	77	Top 45%	Data for Jun 2023
Mortgage as a percent of income	23.6%	Top 42%	23% to Jan 2021
Mortgaged Dwellings	48.5%	Top 25%	22% to May 2023

Housing Demand in Bena

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030

Bena

42.3%

Latrobe

55.8%

Compare
Suburbs

Field	Value	VS Latrobe	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	11500	Bottom 46%	17% to Dec 2036
Historical Population (SA3)	73700	Top 42%	43% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	31600	Top 35%	22% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium

Unit Market in Bena

Bena Unit Investor Report

Sample Graphic

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS Latrobe	Trend
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$438	Bottom 41%	0 to Feb 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	103.0%	Top 14%	8% to Feb 2025

LGA Details (1)

Headline	Place	Datetime
Local government area	South Gippsland

Percent of Renters by Street (24)

Percent of Renters	Street
0.0%	Andersons Inlet Rd
0.0%	Armstrongs Rd
0.0%	Bass Valley Rd
4.1%	Bena-Kongwak Rd
0.0%	Buchanans Rd

Turnover Rate by Street (21)

Turnover rate	Street	Turnover Label	Turnover Years	Year
50.0%	South Gippsland Hwy	very tightly held	Every 20.0 years (very tightly held)	2025
77.8%	Andersons Inlet Rd	average turnover	Every 12.9 years (average turnover)	2025
140.0%	Union St	very high turnover	Every 7.1 years (very high turnover)	2025
81.8%	Main Rd	average turnover	Every 12.2 years (average turnover)	2025
33.3%	Essex Rd	very tightly held	Every 30.0 years (very tightly held)	2025

Planning Applications: Dwellings (3)

Headline	Place	Date
Develop land with a (replacement) dwelling, Use of the land for a residential hotel and Vegetation removal - South Gippsland Shire Council 2024/229	495 Bena-Kongwak Road Bena VIC 3946	19 Feb 2025
Develop land with a dwelling. Use of land for group accommodation. - South Gippsland Shire Council 2021/385	492 Bena-Kongwak Road Bena VIC 3946	05 Feb 2022
Two (2) lot subdivision. Use and development land with a dwelling. - South Gippsland Shire Council 2020/405	1045 Bena-Kongwak Road Bena VIC 3946	15 Nov 2020

Recently Sold Houses (72)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
40 Twites Rd	$2,250,000	5.0	3.0	8.0	26 Oct 2024	On Market
235 Andersons Inlet Rd	$1,425,000	4.0	1.0	6.0	11 Jul 2024	On Market
235 Andersons Inlet Rd	$1,425,000		1.0		11 Jul 2024	On Market
7 Hennessy Ct	$1,310,000	4.0	2.0	2.0	20 Jun 2024	On Market
20 Pattersons Rd	$970,000	3.0	2.0	4.0	06 Mar 2024	On Market

Businesses (2)

Name	Address
Plasterer Jake Hackett	59, Main Rd
Plasterer Jake Hackett	59, Main Rd

Median House Sale Prices by Street (100)

Street	Date	Median sale value
Hennessy Ct	10 May 2024	$1,090,000
Andersons Inlet Rd	10 May 2024	$1,120,000
Cochranes Rd	06 Oct 2023	$1,837,000
South Gippsland Hwy	06 Oct 2023	$2,008,000
Bass Valley Rd	06 Oct 2023	$1,797,000

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Date
50 James Rd	Price Withheld	3.0	2.0	01 May 2023
50 James Rd	Price Withheld	3.0	2.0	01 May 2023
50 James Rd	Price Withheld	3.0	2.0	01 May 2023
50 James Rd	Price Withheld	3.0	2.0	01 May 2023
50 James Rd	Price Withheld	3.0	2.0	01 May 2023

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Date
655 Andersons Inlet Rd	$430	3	2	06 Nov 2024
655 Andersons Inlet Rd	$430	3	2	06 Nov 2024
655 Andersons Inlet Rd	$430	3	2	06 Nov 2024
655 Andersons Inlet Rd	$430	3	2	06 Nov 2024
655 Andersons Inlet Rd	$430	3	2	06 Nov 2024

Recently Sold Units (100)

Address	Price	Date sold	Sale Type
389 Andersons Inlet Rd	$600,000	06 Nov 2024	On Market
389 Andersons Inlet Rd	$600,000	06 Nov 2024	On Market
389 Andersons Inlet Rd	$600,000	06 Nov 2024	On Market
389 Andersons Inlet Rd	$600,000	06 Nov 2024	On Market
389 Andersons Inlet Rd	$600,000	06 Nov 2024	On Market