Wallan, 3756 ranked 359th in VIC when comparing growth in median property values or capital gain over the last 12 months. Wallan is one of 2098 in our list for VIC
Across a shorter period, Wallan, 3756 has seen a median price increase of 6.84% over the last quarter.
At number 51th of VIC’s most discounted properties, Wallan is in the middle of the state/territory when listing in order of most discounted to least.
At number 99 in a list of fastest selling suburbs, Wallan is in the TOP 10% of suburbs in Australia with an average of days on market 12.65 for properties listed there.
Renters in Suburb are facing rents around $4200 per annum or $350 every week.
VIC has seen average median house prices change by 6.72% which means that Wallan, 3756 has done well for property investors by showing a capital gain of 7.13% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Wallan comes in at number 191th in VIC.
Wallan, 3756’s gross rental yield is 5.34%
Wallan is the fastest-growing town in the Shire of Mitchell. It is well stocked with amenities in the form of the Wellington Square Shopping Centre, which contains a supermarket. There are several schools in the area, including kindergartens, as well as childcare centres.Full summary
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Also known as Wallan Wallan, the suburb of Wallan has the Great Dividing Range as its picturesque background.
It is the fastest-growing town in the Shire of Mitchell. It is well stocked with amenities in the form of the Wellington Square Shopping Centre, which contains a supermarket. There are several schools in the area, including kindergartens, as well as childcare centres.
Wallan also serves as a connection between Melbourne and rural areas like Kilmore, since it is situated just beyond the metropolitan boundary less than an hour’s drive from the CBD. This could account for its steady growth over the past five years. Being a regional suburb, its prices are relatively low as well, and investors can get significant yields.Close