7 Eden PlaceWallan VIC 3756
Property Details for 7 Eden Pl, Wallan
7 Eden Pl, Wallan is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 6098m2 and floor size of 296m2. While the property is not currently for sale or for rent, it was last sold in July 2021.
Last Listing description (September 2023)
Universal Real Estate Vic - North proudly presents this gem in a prime location of Wallan. Roll your sleeves up and restore this marvellous home with a huge land Size approx. 6096m2 located in the heart of Wallan. This house offers two dwellings that generate decent rental income and would give you the best opportunity to complete the subdivision and then build 18-20 quality townhouses which are sure to achieve record prices for townhouses in Wallan (Subject to Council Approval). Another option for someone who would like to live full of leisure country life.
Specifications:
Land Size: 6096 m2 Approx.
Dwelling 1: Two-bedroom, One Bathroom, Kitchen and one living area
Dwelling 2: Three Bedroom plus study, Two living areas, Kitchen
Wallan has been one of Melbourne's strongest growth areas in recent years and will continue to expand in the future as it is within an easily commutable distance from Melbourne and has great access by both the Hume Freeway and V line train. No wonder Wallan's property growth has made realtors and industry watchdogs alike interested. Real estate investors describe Wallan as a high-yielding suburb, with gross rental yield consistently up for the past year. The same can be said for the suburb's median home price, thanks to a waitlist of developers on the lookout for the next newly released residential area, as well as buyers arriving from the city.
- LOCATION: Walking distance to Wallan Secondary College.
Walking distance to Wallan Medical Centre.
Approx. 1.5km to Wallan Primary School
Approx. 13 minutes drive to Donnybrook Train Station.
Approx. 4 minutes to Wallan Train Station.
Approx. 1.8km to Wallan Town Centre.
Approx. 54 km to Melbourne CBD.
Approx. 40km to Melbourne Airport.
Easy access to schools, retail centres, medical facilities, and well-connected public transport.
Easy access to the Hume freeway.
This is definitely a great opportunity to live or landbank for your future.
Don't miss out! Call: Achal Arora: 0432 413 929
DISCLAIMER: All stated dimensions are approximate only and all photos are for illustration purposes only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent
Property History for 7 Eden Pl, Wallan, VIC 3756
- 01 Feb 2023Listed for Sale Contact agent
- 29 Dec 2021Listed for Sale Contact agent
- 11 Jul 2021Sold for $1,240,000
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0About 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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