SOLD
Sold on 05 Sep 2024 for $295,000

32 Riceflower Rise
Wallan VIC 3756

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Land area: 499m2
Sold By
Barry Plant Mitchell Shire
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Property Details for 32 Riceflower Rise, Wallan

Building Type
Land
Year Built
2000
Land Size
499m2
Local Government
Mitchell
Lot/Plan
804/PS804151

Last Listing description (October 2024)

Discover a prime opportunity to build your dream home at 32 Riceflower Rise, Wallan. This spacious 499m2 block of land offers a generous canvas in a serene, family-friendly neighbourhood, perfect for crafting your ideal residence. The parcel is ideally situated to provide both tranquillity and convenience, with Wallan's town centre, schools, parks, and public transport all within easy reach. Embrace the chance to design a home that reflects your personal style on this expansive block, which offers ample room for various architectural designs and beautiful landscaping. Enjoy the natural beauty of the surrounding area, which provides a peaceful backdrop and numerous recreational options. Whether you're a first-time builder or an experienced developer, this vacant land presents a unique opportunity to create a customized residence in one of Wallan's most sought-after locales. Don't miss out on securing this exceptional property and turning your vision into reality.

Property History for 32 Riceflower Rise, Wallan, VIC 3756

A timeline of how this property has performed in the market
Last Sold
$295,000
05 Sep 2024
  • 05 Sep 2024
    Sold for $295,000
  • 09 Aug 2024
    Listed for Sale $290,000 - $310,000
  • 21 Mar 2019
    Sold for $179,100

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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.