18 Speargrass Avenue, Wallan, VIC 3756 | Property Value & History | OnTheHouse
OFF MARKET

18 Speargrass Avenue
Wallan VIC 3756

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 874m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 18 Speargrass Ave, Wallan

Building Type
Land
Year Built
2022
Land Size
874m2
Local Government
Mitchell
Lot/Plan
240/PS547624

Last Listing description (August 2026)

Reliance Real Estate proudly presents an exceptional development opportunity in the thriving suburb of Wallan.Set on a generous 874sqm (approx.) allotment, this impressive site offers a rare combination of size, position, andfuture potential, featuring an outstanding 21-metre frontage and 41.8-metre depth.With approved plans and permits already in place for the construction of three modern townhouses, this is an outstanding opportunity for developers and investors looking to secure a ready-to-build project without the delaysassociated with planning approvals.Each proposed townhouse is approximately 24 squares, offering spacious contemporary living with thoughtfully designed floorplans, stylish interiors, and layouts tailored to suit today's lifestyle.Located in a vibrant and family-friendly pocket of Wallan, the property is surrounded by excellent local amenities including quality schools, shopping centres, parks, and public transport options, providing strong appeal for futurehomeowners and tenants.With all key documentation completed, including:Approved plans and permitsArchitectural drawingsGeotechnical reportsAdditional supporting documentation and reportsYou can move straight into construction and save valuable time, costs, and effort.Wallan continues to experience strong growth and increasing demand, making this a fantastic opportunity to secure a development site in one of Melbourne's fastest-growing outer suburbs.Don't miss your chance to secure this ready-to-go development opportunity with everything in place to commenceyour project.For further information or to request copies of the plans and reports, reach out today. Reliance Real Estate Your trusted local property specialist

Property History for 18 Speargrass Ave, Wallan, VIC 3756

A timeline of how this property has performed in the market
Last Sold
$490,000
29 Mar 2022
  • 30 Jul 2026
    Listed for Sale $400,000 - $450,000
  • 04 Mar 2026
    Listed for Sale Permit-Approved Triple Townhouse Development
  • 28 Nov 2024
    Listed for Sale Build Your Dream or Invest in the Future
Sign in to see more transactions
Commute Calculator

About Wallan 3756

The size of Wallan is approximately 69.7 square kilometres. There are 13 parks, covering nearly 0.6% of the 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 10,261 properties. Over the last 5 years, Houses in Wallan have seen a 4.51% increase in median value, while Units have seen a 23.87% increase. As at 31 July 2026:

  • The median value for Houses in Wallan is $651,380 while the median value for Units is $491,000.
  • Houses have a median rent of $480 while Units have a median rent of $428.
There are currently 169 properties listed for sale, and 26 properties listed for rent in Wallan on OnTheHouse. According to Cotality's data, 546 properties were sold in the past 12 months in Wallan.

Suburb Insights for Wallan 3756

Market Insights
Wallan Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Wallan Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality 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 Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.