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Lot 1710 - Newbridge Estate - Wallan
Wallan, Melbourne, VIC, 3756$ 705,000
Overview
Property ID: LA-18165
- House and Land
- Property Type
- 4
- Bedrooms
- 2
- Bathrooms
- 2
- Cars
- 174
Details
Updated on Sep 20, 2025 at 01:00 am
Property Type: | House and Land |
---|---|
Price: | $ 705,000 |
Land Price: | N/A |
Build Price: | N/A |
Gross Per Week: | $ 475 |
Gross Per Annum: | $ 24,700 |
Gross Yield: | 3.50% |
Capital Growth 12 Months: | -0.78% |
Capital Growth 10 Year Annualised: | 5.55% |
Vacancy Rate: | 2.86% |
Property Size: | 174 m2 |
Land Area: | 388 m2 |
---|---|
Bedrooms: | 4 |
Bathrooms: | 2 |
Parking: | 2 |
Title Status: | Registered |
Property ID: | 18165 |
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, historically known as Wallan Wallan, is a fast-growing town located about 45 kilometres north of Melbourne’s CBD in the Shire of Mitchell, carrying the postcode 3756. With a population of just over 15,000, the area has become an attractive option for families and first-home buyers seeking more affordable housing while still having reasonable access to the city. Originally a rural village named after the Wallan Wallan pastoral run, the town has steadily grown, and today it offers a balance of country charm and suburban convenience.
The community is young, with a median age of about 33 years, and is largely made up of couples with children living in modern housing estates such as Wallara Waters and Springridge. Wallan provides a good range of amenities including shopping centres, schools, parks, medical services, and community facilities, while its transport links make commuting manageable.
The town has its own V/Line station connecting to Melbourne in under an hour, local bus services, and direct access to the Hume Freeway, with planned upgrades to the Watson Street interchange to improve traffic flow. While Wallan continues to expand rapidly, some infrastructure and services are still catching up to growth, and congestion can be a challenge, but its affordability, family-friendly lifestyle, and strong sense of community make it a popular and promising place to live.
Disclaimer*
Reservation Requirements:
1. Completed EOI (Property Reservation form under Fusion CRM Online Forms)
2. Holding deposit receipt (amount TBA)
3. Copy of client's finance pre-approval letter/comfort letter from the broker
4. Copy of client's ID
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
Address
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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.