SOLD
Sold on 14 Aug 2024 for $80,000

24 King Street
Wallan VIC 3756

Bedrooms: 3
Bathrooms: -
Car spaces: -
Floor area: 250m2
Land area: 7067m2
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Property Details for 24 King St, Wallan

Building Type
Rural
Year Built
1980
Floor Size
250m2
Land Size
7067m2
Local Government
Mitchell
Lot/Plan
3~32/PP5822

Last Listing description (November 2020)

DEVELOPERS DELIGHT Yes we know you can see a house but this is all about the land and the potential for development (STCA). Handy to town this is an opportunity not to be missed. Approximately 6956m2, that's nearly 1 3/4 acres ready and waiting for an astute buyer with great ideas to make a modern statement. Town houses, units...the possibilities! Flexible terms to be negotiated. Call today, this is a rare opportunity.

Property History for 24 King St, Wallan, VIC 3756

A timeline of how this property has performed in the market
Last Sold
$80,000
14 Aug 2024
  • 14 Aug 2024
    Sold for $80,000
  • 29 Jun 2017
    Sold for $755,000
  • 18 Aug 2015
    Listed for Sale $790,000
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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 9,771 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.
There are currently 192 properties listed for sale, and 33 properties listed for rent in Wallan on OnTheHouse. According to CoreLogic's data, 407 properties were sold in the past 12 months in Wallan.

Suburb Insights for Wallan 3756

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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.