Lot 1005 - Newbridge South - Wallan
Wallan , Shire of Mitchell, VIC, 3756$ 669,000
- House and Land
- Property Type
- 3
- Bedrooms
- 2
- Bathrooms
- 2
- Cars
- 156
Details
Updated on Sep 02, 2026
| Property Type: | House and Land |
|---|---|
| Secondary Type: | SMSF |
| Price: | $ 669,000 |
| Land Price: | N/A |
| Build Price: | N/A |
| Gross Per Week: | $ 460 |
| Gross Per Annum: | $ 23,920 |
| Gross Yield: | 3.58% |
| Capital Growth 12 Months: | 4.92% |
| 10Yr Annualised Growth: | 7.21% |
| Vacancy Rate: | 2.53% |
| Property Size: | 156 m2 |
| Land Area: | 316 m2 |
|---|---|
| Bedrooms: | 3 |
| Bathrooms: | 2 |
| Parking: | 2 |
| Title Status: | N/A |
| Property ID: | 36381 |
| SKU: | 1001 |
Description
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us*
Wallan is a fast-growing town/suburb located in the state of Victoria, about 45 km north of Melbourne. It forms part of the Mitchell Shire and sits along the major Hume Freeway, making it a key commuter area between the city and regional Victoria.
Wallan has evolved from a small rural settlement into a developing residential community, with a population of around 15,000 people as of the 2021 census. The suburb is known for its mix of country charm and modern living, attracting families and professionals who want more space and affordability while still being within commuting distance of Melbourne.
The area offers essential amenities including schools, shopping centres, parks, and recreational facilities. It has a strong family-oriented environment, with many households being couples with children and a high rate of home ownership. Residential developments—such as the Hidden Valley estate with its golf course—highlight the suburb’s ongoing growth and suburban expansion.
Transport access is a key feature, with road connections via the Hume Freeway and rail services (V/Line) linking Wallan to Melbourne, although infrastructure is still catching up with the area’s rapid population growth
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
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Read More »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.