2 Lightwood LaneWallan VIC 3756
Property Details for 2 Lightwood Lane, Wallan
Last Listing description (November 2023)
An exciting opportunity has arisen to acquire a vacant block of land in Wallan's highly sought-after Featherton Rise Estate and create your dream lifestyle. Occupying approximately 145sqm (6.08m frontage x 23.9m depth) with an ideal north-to-rear aspect, this superb offering is set within a new subdivision of 11 flat lots exclusively located between Sundew Avenue and Rosella Way. It presents immense scope for potential buyers with build options available, low site costs and access to all services including gas, water, electricity and sewerage.
Suited to a variety of floorplans, this block provides a fantastic building envelope for families, downsizers and investors alike. Secure your place in a prized pocket of the thriving Wallan community, just a short drive to local shops, supermarkets and cafes, medical facilities, childcare options, Wallan Secondary College and Wallan Primary School, plus a plethora of parks, playgrounds and sporting facilities. In addition, it is close to Wallan station and the Hume Freeway to head north or south to the CBD.
Property History for 2 Lightwood Lane, Wallan, VIC 3756
- 03 Aug 2024Sold for $145,000
- 08 Oct 2023Listed for Sale $150,000
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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 9,768 properties. Over the last 5 years, Houses in Wallan have seen a 29.17% increase in median value, while Units have seen a 41.36% increase. As at 31 October 2024:
- The median value for Houses in Wallan is $656,233 while the median value for Units is $481,727.
- Houses have a median rent of $460 while Units have a median rent of $410.
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