18 Eden Place, Wallan, VIC 3756 | House for sale | OnTheHouse
 
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18 Eden Place
Wallan VIC 3756

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 2232m2
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18 Eden Place, Wallan VIC - Corner Development Site | 2,005sqm with Income | Suit Swim School or Childcare (STCA)*

High-Exposure Site with Holding Income | Approved Uses Possible for Childcare or Swim School (STCA)
An outstanding opportunity to secure a strategically located corner site in one of Victoria's most rapidly growing residential corridors.
Situated directly next to a high-performing childcare centre, and surrounded by established and new housing estates, schools, and transport links, this 2,005sqm* site is ideal for a wide range of community, recreational, and wellness-based developments.
Perfectly suited for a Swim School or Childcare Centre - subject to council approval (STCA).
Currently generating $1,955/month in holding income, the site provides cash flow while you obtain planning approval or finalise development plans. The existing tenant is cooperative and happy to remain on flexible terms during the planning phase.
Key Features:
2,005sqm* corner block with dual street frontage
Development-ready site - flat, accessible, and highly visible
Monthly income of $1,955 from an existing long-term tenant
Flexible tenancy arrangement during planning or permit stages
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Property Details for 18 Eden Pl, Wallan

18 Eden Pl, Wallan is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 2232m2. The place is currently for sale with SKAD Real Estate Thomastown.

Building Type
House
Land Size
2232m2
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About Wallan 3756

The size of Wallan is approximately 69.7 square kilometres. It has 13 parks covering nearly 0.6% of total area. The population of Wallan in 2016 was 11074 people. By 2021 the population was 15004 showing a population growth of 35.5% in the area during that time. The predominant age group in Wallan is 30-39 years. Households in Wallan are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wallan work in a trades occupation.In 2021, 76.30% of the homes in Wallan were owner-occupied compared with 77.80% in 2016.

Wallan has 10,212 properties. Over the last 5 years, Houses in Wallan have seen a 21.33% increase in median value, while Units have seen a 33.39% increase. As at 30 November 2025:

  • The median value for Houses in Wallan is $657,051 while the median value for Units is $482,296.
  • Houses have a median rent of $470 while Units have a median rent of $430.
There are currently 208 properties listed for sale, and 27 properties listed for rent in Wallan on OnTheHouse. According to Cotality's data, 517 properties were sold in the past 12 months in Wallan.

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Harminder Singh
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Sunil Kumar
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SKAD Real Estate Thomastown
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