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Contact Agent For Address
Wallan VIC 3756

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Land area: 2520m2
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Prime Development Opportunity - 2520m² Corner Block with Townhouse Approval!

Universal Real Estate Vic North proudly presents this rare chance to secure a prime piece of real estate in the heart of Wallan! Located on a substantial 2520m² corner block, this site comes with approval for 9 modern townhouses, offering a fantastic opportunity for developers and investors alike.
Key Features:
Land Size: 2520m² (approx.)
Development Approval: Plans to be approved for 9 townhouses
Location: Prime corner block with excellent exposure
Proximity: Directly opposite Wallan Primary School - ideal for families
Convenience: Close to local amenities, parks, shopping, and public transport options
Growth Area: Situated in a rapidly developing region of Wallan, a growing suburb with high demand for housing
This is an incredible development opportunity in a highly sought-after location. Wallan is one of Melbourne's fastest-growing areas, making this site perfect for a project that will appeal to both young families and investors.
Don't miss out! Call: Varun Makar: 0451 849 477
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Property Details for Contact Agent For Address, Wallan

Building Type
Land
Land Size
2520m2

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About Wallan 3756

The size of Wallan is approximately 69.7 square kilometres. It has 13 parks covering nearly 0.6% of total area. The population of Wallan in 2011 was 8,502 people. By 2016 the population was 11,064 showing a population growth of 30.1% in the area during that time. The predominant age group in Wallan is 0-9 years. Households in Wallan are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Wallan work in a trades occupation. In 2011, 80.8% of the homes in Wallan were owner-occupied compared with 77.8% in 2016.

Wallan has 9,747 properties. Over the last 5 years, Houses in Wallan have seen a 29.92% increase in median value, while Units have seen a 36.64% increase. As at 30 September 2024:

  • The median value for Houses in Wallan is $652,078 while the median value for Units is $464,897.
  • Houses have a median rent of $460 while Units have a median rent of $415.
There are currently 200 properties listed for sale, and 37 properties listed for rent in Wallan on OnTheHouse. According to CoreLogic's data, 383 properties were sold in the past 12 months in Wallan.

Suburb Insights for Wallan 3756

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Varun Makar
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Ronnie Ahuja
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Universal Real Estate Vic Craigieburn
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.