23 Station StreetWallan VIC 3756
Property Details for 23 Station St, Wallan
23 Station St, Wallan is a 4 bedroom, 2 bathroom House. The property has a land size of 10969m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom House sold in Wallan in the last 12 months.
Last Listing description (August 2024)
coolkoala Real Estate excited to present a rare opportunity to acquire a Township site in the heart of Melbourne's high-growth corridor in Wallan.
Key Features:
Prime 10,969 sqm site in booming northern corridor
Strategic location opposite Wallan Train Station
Township Zone (TZ) zoning under City of Mitchell, offering flexibility
Strong demand with 21.9% undersupply of childcare centres in the catchment area
Flexible Settlement 3/6/9/12 months
Location: 23 Station Street, Wallan 3756 VIC
2km east of Wallan CBD
45km north of Melbourne CBD
Immediate proximity to Hume Freeway and Wallan Business Park precinct
Growth Potential:
Current Main Trade Area (MTA) population of 17,020, projected to grow to 50,200 by 2041 (5.9% per annum)
MTA retail spend expected to increase from $256.4 million to $1.2 billion by 2041 (8.5% annual growth)
Surrounded by major residential developments including Frasers Wallara Waters' estate, Newbridge, and Wallan East PSP
Investment Opportunity:
Expressions of Interest (EOI) campaign closing at 2:00 pm (AEDT) Wednesday, 9th July 2024
Don't miss this chance to invest in the future of Wallan.
Please note: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers/lessees are advised to carry out their own investigations.
Property History for 23 Station St, Wallan, VIC 3756
- 04 Jul 2024Sold for $3,800,000
- 09 May 2024Listed for Sale $3,800,000 - $4,000,000
- 08 Mar 2023Listed for Sale Contact Agent
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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 9,771 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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