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Unit 1,
1 DARRAWEIT ROAD Wallan VIC 3756

This property is Off Market

All about Wallan Homes for sale in Wallan


  • The Average property price in this area is $802,177, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 45.15 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Belle Property 9 FRANKLIN CL, $1,150,000 - 1,190,000 4 Beds - 4 Baths - 4 Parking Within 0.7 km Bombay Real Estate 5 QUEEN ST, $630,000 - $680,000 4 Beds - 2 Baths - 2 Parking Within 0.7 km Belle Property 10 WIGGINS PL, $640,000 - $690,000 3 Beds - 2 Baths - 2 Parking Within 0.8 km LJ Hooker UNIT 3, 96 QUEEN ST, $450,000 - $495,000 3 Beds - 1 Baths - 2 Parking Within 1.1 km Bombay Real Estate 16 SPOTTED HARRIER ST, Contact Agent 4 Beds - 2 Baths - 2 Parking Within 1.1 km Bombay Real Estate 13 ROYAL SPOONBILL LOOP, POA 4 Beds - 2 Baths - 2 Parking Within 1.1 km LJ Hooker 64 WINDHAM ST, Please Call 3 Beds - 2 Baths - 6 Parking Within 1.2 km LJ Hooker 107 ROULSTON WAY, Please Call 4 Beds - 2 Baths - 2 Parking Within 1.2 km Bombay Real Estate 4 WHISTLER AV, Contact Agent 4 Beds - 3 Baths - 2 Parking Within 1.3 km Professionals 41 HANSON RD, $1320000 - $1360000 5 Beds - 2 Baths - 3 Parking Within 1.3 km Harcourts 5 STRINGYBARK AV, $440,000 - $475,000 4 Beds - 2 Baths - 2 Parking Within 1.5 km Belle Property 13 GARDENIA AV, Contact agent 4 Beds - 3 Baths - 2 Parking Within 1.5 km LJ Hooker 36 WEDDING DR, $540,000 - $590,000 3 Beds - 2 Baths - 1 Parking Within 1.5 km LJ Hooker 57 RICEFLOWER RISE, $699,000 - $729,000 4 Beds - 2 Baths - 2 Parking Within 1.7 km LJ Hooker 46 GROUNDBERRY AV, $715,000 - $730,000 4 Beds - 3 Baths - 2 Parking Within 1.8 km Bombay Real Estate 103 RICEFLOWER RISE, POA 4 Beds - 2 Baths - 2 Parking Within 2.0 km LJ Hooker 9 AVON CT, $630,000 to $690,000- 2 KITCHENS & 2 LIVINGS 4 Beds - 2 Baths - 2 Parking Within 2.4 km LJ Hooker 49 BLUE LAKE DR, $540,000 - $570,000 4 Beds - 2 Baths - 2 Parking Within 2.7 km LJ Hooker 11 RIALTO CL, $550,000 - $605,000 4 Beds - 2 Baths - 2 Parking Within 3.1 km Belle Property 8 FOXTAIL CCT, $590,000 - $630,000 4 Beds - 2 Baths - 2 Parking Within 3.3 km Belle Property 26 BATMAN CR, $590,000 - $630,000 4 Beds - 2 Baths - 2 Parking Within 3.3 km LJ Hooker 22 RAM CCT, $580,000 - $625,000 4 Beds - 2 Baths - 2 Parking Within 3.4 km

Recently Sold Properties in this Area

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About Wallan

With an average age of 34, households expect an average monthly mortgage payment of $1,517 or a weekly rent payment of $365. The average family earns a weekly income of $1,946 with a typical household size of 2.3 and a 102.91% employment rate.

In Wallan there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Incomes in Wallan are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Wallan classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Wallan necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Wallan we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Wallan a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 11%)

Are people healthy?

There are a recorded 2239 asthma sufferers and 729 people living with diabetes. In addition, 747 people have a heart/vascular condition and 1565 people live with three or more chronic diseases.

A good place to invest in property?

Wallan a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

54 / 100

52 / 100

Industry

13 / 100

17 / 100

Population

33 / 100

32 / 100

House Prices

00 / 100

70 / 100

Jobs

43 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Wallan Secondary College Wallan Primary School
  • Assumption College

    Kilmore, VIC, 3764 Independent 7-12

  • The Kilmore International School

    Kilmore, VIC, 3764 Independent 3-12

  • Wallan Secondary College

    Wallan, VIC, 3756 State 7-12

  • Upper Plenty Primary School

    Upper Plenty, VIC, 3756 State Prep-6

  • St Patrick's Primary School

    Kilmore, VIC, 3764 Independent Prep-6

  • Wallan Primary School

    Wallan, VIC, 3756 State Prep-6

  • Darraweit Guim Primary School

    Darraweit Guim, VIC, 3756 State Prep-6

  • Beveridge Primary School

    Beveridge, VIC, 3753 State Prep-6


Property Story

Unit 1, 1 Darraweit Road, Wallan, Vic, 3756 is a residential property with 2 bedrooms, 1 bathrooms and 1 Parking spaces. The estimated value of this home is $550,000 while properties of this type typically sell for between $350,000 and $465,000 in this suburb. The estimated distance to the sea is 45.15km and 0.04KM to vegatation considered to be a factor in bushfire risk.

Local Developments

To see the latest development applications

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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