Over the last year, property investments in Wallan, 3756 have given investors a capital gain of 3.23%. This compares badly with the 7.80% for VIC as a whole.
Taking the average capital gain, or increase in median house value, Wallan,3756 has racked up an average of 3.23% over the period. This ranks it number 2662th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Wallan 3756 should be seeing an average reduction in asking price of around -4.40% . This means that Wallan is holding prices well when compared to other suburbs in VIC.
Property investors should expect to get $330 weekly from the median priced house in this suburb.
Property investors who have had real estate in Wallan, 3756 should be ok with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.61%
Over the longer term, Wallan has seen property prices show investors a 5.41% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -4.02% to buyers in Wallan at the moment, which is less than average for the rest of VIC.
Situated 44.56km from the CBD, Wallan is one of Mitchell localities in the postcode 3756.