8 King StreetWallan VIC 3756
Property Details for 8 King St, Wallan
8 King St, Wallan is a 0 bedroom, 0 bathroom House and was built in 1980. The property has a land size of 12141m2. While the property is not currently for sale or for rent, it was last sold in May 2015.
Last Listing description (November 2024)
Ray White Land Sales Victoria is delighted to present a Prime Development opportunity in Wallan. This property is offered to the market for sale via Expression of Interest.
Site details as follows:
+ General Residential Zone - Schedule 1 (GRZ1)
+ Site area: 13,933* sqm/3.44* Acre
+ 21 Lots Plans and Permits approved
+ Flexible/Extended Settlements Terms considered
Location benefits include:
+ Hume Freeway 3* min
+ Wallan Train Station 5* mins
+ Wellington Square Shopping Centre 3* mins
+ Wallan Medical & Specialist Centre 3* mins
+ Wallan Secondary College 3 mins*
+ Wallan Primary School 4* mins
+ Melbourne CBD 49* mins
+ Long Term Settlement available
*denotes approximate
This property presents convenience, future potential and offers endless opportunities.
For further information or to access all permits and due diligence material, please contact Ray White Land Sales Victoria's exclusively appointed agents on the details below:
Mack Mithewal 0484 222 227
Karandeep Singh 0450 200 007
All interested parties should conduct their own due diligence before making any submissions.
DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. Please see the below link for an up-to-date copy of the Due Diligence Checklist: http://www.consumer.vic.gov.au/duediligencechecklist
Property History for 8 King St, Wallan, VIC 3756
- 17 Jun 2024Listed for Sale Expression of Interest
- 14 Feb 2023Listed for Rent $500 / week
- 10 Aug 2021Listed for Rent $500 / week
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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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