Lot 2225 Ballad Rise, Wallan VIC (Model A)
Wallan, Mitchell, VIC, 3756$ 834,290
Overview
Property ID: LA-21786
- Dual Occupancy
- Property Type
- 3+2
- Bedrooms
- 2+1
- Bathrooms
- 2
- Cars
- 224
Details
Updated on Mar 25, 2026 at 01:10 pm
| Property Type: | Dual Occupancy |
|---|---|
| Secondary Type: | N/A |
| Price: | $ 834,290 |
| Land Price: | $ 345,000 |
| Build Price: | $ 489,290 |
| Gross Per Week: | $ 856 |
| Gross Per Annum: | $ 44,512 |
| Gross Yield: | 5.34% |
| Capital Growth 12 Months: | -0.78% |
| Capital Growth 10 Year Annualised: | 5.55% |
| Vacancy Rate: | 2.86% |
| Property Size: | 224 m2 |
| Land Area: | 400 m2 |
|---|---|
| Bedrooms: | 3+2 |
| Bathrooms: | 2+1 |
| Parking: | 2 |
| Title Status: | Titled |
| Property ID: | 21786 |
| SKU: | 1045 |
Description
Positioned in the sought-after suburb of Wallan, this Dual Occupancy offers a forward-looking investment opportunity. With 3+2 bedrooms, 2+1 bathrooms and 2 car spaces, it blends contemporary design with low-maintenance living. Its modern features appeal to today’s market, while its location supports long-term value growth. Whether you’re expanding your portfolio or stepping into property investment, it’s well suited for future-ready buyers. A property that offers both confidence and opportunity.
Suburb profile:
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 Dual Occupancy in Wallan is more than just a property — it’s a secure, future-ready investment. Combining location, design and return potential, it makes a valuable addition to any portfolio. A choice that blends stability with opportunity.
Investors looking to optimise land use and amplify their investment portfolio will find great value in Dual Occupancy Properties.
These properties cleverly accommodate two independent dwellings on a single parcel of land, effectively doubling the potential for rental income.
The design caters to a broad market, including extended families and tenants seeking spacious living options, thereby increasing the property's rental appeal.
The strategic configuration of these properties allows investors to capitalise on the growing demand for versatile housing solutions in both urban and suburban settings.
Disclaimer*
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.
SMSF Single Contract