Located in the beautiful town of Wallan, on the northern fringes of Melbourne, set against the backdrop of the Great Dividing Range, this 200 acre property offers excellent opportunity for astute purchasers to embrace exceptional real estate potential.
Offering stunning views from the cityscape to the rolling hills, this parcel of land within a farming zone, presents tranquil living on the fringe of urban convenience; within five minutes of the train station to Melbourne, ten minutes to the Ring Road and 25 minutes to Melbourne Airport.
Due diligence checklist - for home and residential property buyers - http://www.consumer.vic.gov.au/duediligencechecklist.
The size of Upper Plenty is approximately 31.4 square kilometres. It has 3 parks covering nearly 0.4% of total area. The population of Upper Plenty in 2011 was 322 people. By 2016 the population was 338 showing a population growth of 5.0% in the area during that time. The predominant age group in Upper Plenty is 10-19 years. Households in Upper Plenty are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Upper Plenty work in a trades occupation. In 2011, 84.8% of the homes in Upper Plenty were owner-occupied compared with 86.7% in 2016..
Upper Plenty has 165 properties. Over the last 5 years, Houses in Upper Plenty have seen a 26.18% increase in median value, while Units have seen a 10.19% increase. As at 31 October 2024:
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