Lot 224 - Newbridge South - Wallan

Wallan , Shire of Mitchell, VIC, 3756

$ 650,000

Wallan , Shire of Mitchell, VIC, 3756
Lot 224 - Newbridge South - Wallan-0
Lot 224 - Newbridge South - Wallan-1
Lot 224 - Newbridge South - Wallan-2
Lot 224 - Newbridge South - Wallan-3

Property Images

Lot 224 - Newbridge South - Wallan-0 Lot 224 - Newbridge South - Wallan-1 Lot 224 - Newbridge South - Wallan-2 Lot 224 - Newbridge South - Wallan-3

Overview

Property ID: LA-21605

  • House and Land
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Cars
  • 185

Details

Updated on Mar 19, 2026 at 04:00 am

Property Type: House and Land
Secondary Type: SMSF
Price: $ 650,000
Land Price: N/A
Build Price: N/A
Gross Per Week: $ 470
Gross Per Annum: $ 24,440
Gross Yield: 3.76%
Capital Growth 12 Months: -0.78%
Capital Growth 10 Year Annualised: 5.55%
Vacancy Rate: 2.86%
Property Size: 185 m2
Land Area: 313 m2
Bedrooms: 4
Bathrooms: 2
Parking: 2
Title Status: N/A
Property ID: 21605
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

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 Lot 224 - Newbridge South - Wallan
City Shire of Mitchell
State VIC
Postcode 3756
Suburb Wallan

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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

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