Sold

803 Riceflower Rise Wallan, VIC 3756

Wallan, Mitchell, VIC, 3756

$ 685,848 Sold

This property has sold.

Sold
Wallan, Mitchell, VIC, 3756
House and Land Investment Property in Wallan, VIC (3.56% Yield) | Aus Investment Properties - Photo 1

Property Images

House and Land Investment Property in Wallan, VIC (3.56% Yield) | Aus Investment Properties - Photo 1
  • House and Land
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Cars
  • 203

Details

Updated on Jun 19, 2026

Property Type: House and Land
Price: $ 685,848
Land Price: $ 295,000
Build Price: $ 390,848
Gross Per Week: $ 470**
Gross Per Annum: $ 24,440
Gross Yield: 3.56%
Capital Growth 12 Months: -2.77%
10Yr Annualised Growth: 7.21%
Vacancy Rate: 4.93%
Property Size: 203 m2
Land Area: 412 m2
Bedrooms: 4
Bathrooms: 2
Parking: 2
Land Title Date: Titled
Property ID: 26053
SKU: 1045
Sold: Aug 11, 2026

Description

This House in Wallan has been carefully crafted to offer both practical living and solid returns. Featuring 4 bedrooms, 2 bathrooms and 2 car space/s, it balances functionality with contemporary style. Designed to meet the demands of modern tenants, it provides strong rental performance and long-term growth. Its combination of design, location and value makes it a reliable investment option. A smart addition to any property portfolio.

Wallan is a thriving northern suburb of Melbourne offering the perfect blend of country charm and modern convenience. With quality schools, shopping centres, and parklands, It's ideal for families and investors alike. Excellent transport links via the Hume Freeway and Wallan Station make it a highly accessible and desirable location for growth and lifestyle.

Offering a blend of functionality, style and growth potential, this House in Wallan is designed to perform. Whether for investment or living, it provides lasting value in a competitive market. A property that meets both present and future needs.

A House and Land Package offers a complete, turnkey solution by combining a brand-new home build with a carefully selected block of land.

Designed for modern living, these packages provide flexible floor plans, contemporary finishes, and the convenience of a streamlined building process.

Ideal for both owner-occupiers and investors, they deliver a hassle-free pathway to securing a quality property in a growing community.

Investing in a House and Land Package presents strong value, with fixed pricing, potential stamp duty savings, and reduced maintenance costs.

With increasing demand in emerging suburbs, these properties offer excellent prospects for rental yield and long-term capital growth.

Features

  • Minimum 7-Star Energy Rating
  • Reconstituted stone bench tops to kitchen and bathrooms.
  • Stainless steel kitchen appliances.
  • Quality timber laminate, tile and carpet flooring.
  • LED downlights throughout
  • Semi Frameless Shower Screens
  • Tiled shower bases
  • Remote controlled garage door.
  • Door and window locks.
  • Ducted heating and split system air conditioner.
  • Window furnishings and flyscreens
  • Heat pump hot water system.
  • Colour through concrete driveway and porch.
  • Clothesline
  • Letterbox.
  • Full landscaping and full fencing.
  • Provide brick infills above all windows and pedestrian doors (Design specific) - House Size 20.1 - 27sq. Note: Price includes Category 1 Range bricks only.
  • Provide approx. 2590mm ceiling heights throughout to single storey homes in lieu of standard 2440mm. *NOTE: Report and consent may be required due to Garage wall height regulations. To be confirmed once soil & survey reports are received.

Floor plans

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address 803 Riceflower Rise Wallan, VIC 3756
City Mitchell
State VIC
Postcode 3756
Suburb Wallan
Estate Featherton Rise

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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

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