803 Riceflower Rise Wallan, VIC 3756
Wallan, Mitchell, VIC, 3756$ 661,200
- House and Land
- Property Type
- 4
- Bedrooms
- 2
- Bathrooms
- 2
- Cars
- 155
Details
Updated on Jul 16, 2026
| Property Type: | House and Land |
|---|---|
| Price: | $ 661,200 |
| Land Price: | $ 295,000 |
| Build Price: | $ 366,200 |
| Gross Per Week: | $ 480** |
| Gross Per Annum: | $ 24,960 |
| Gross Yield: | 3.77% |
| Capital Growth 12 Months: | 4.92% |
| 10Yr Annualised Growth: | 7.21% |
| Vacancy Rate: | 0.03% |
| Property Size: | 155 m2 |
| Land Area: | 412 m2 |
|---|---|
| Bedrooms: | 4 |
| Bathrooms: | 2 |
| Parking: | 2 |
| Title Status: | Titled |
| Property ID: | 32054 |
| SKU: | 1045 |
| Sold: |
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 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.
- Provide brick infills above all windows and pedestrian doors (Design specific) - House Size 13.1 - 20sq. Note: Price includes Category 1 Range bricks only.
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
Description
Located in Wallan, this House is more than just a home, it's a smart investment opportunity. With 4 bedrooms, 2 bathrooms and 2 car space/s, it delivers functional design with modern living in mind. Investors will appreciate its strong yield potential, while residents will enjoy the comfort and convenience it provides every day. Set within a growth corridor, it combines lifestyle benefits with future financial returns. A property that works for you today and tomorrow.
Wallan is a fast growing suburb north of Melbourne offering strong rental demand affordability and expanding infrastructure. It presents solid long term investment potential.
This property is built with long-term growth in mind, offering security, value and strong returns. It provides confidence for investors looking to build wealth while ensuring everyday comfort for residents. A reliable choice in today's market.
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.
Floor plans
Address
Open on Google Maps
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.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.
SMSF Single Contract
