Property Details for 21 Wellington St, Wallan
21 Wellington St, Wallan is a 2 bedroom, 1 bathroom House with 2 parking spaces.
Last Listing description (August 2026)
Potential Plus, Endless Possibilities
Set on an impressive 1,015sqm (approx.) allotment, this exceptional property presents a rare opportunity to secure a home with enormous future potential in one of Wallan's most convenient locations. Whether you're a developer looking to capitalise on an approved project, an investor seeking a property with strong long-term appeal, or a first-home buyer wanting plenty of room to grow, this versatile offering caters to a wide range of buyers.
Boasting an endorsed town planning permit for three home units, much of the groundwork has already been completed, allowing you to move forward with confidence. Alternatively, the existing residence offers a comfortable home that is ready to enjoy today, while providing the flexibility to renovate, extend or simply hold as a rewarding investment for the future.
Inside, the home features two generously sized bedrooms, a functional kitchen that overlooks the open-plan living and dining area, and a practical floorplan that maximises space and natural light. Neatly presented throughout, the home offers comfortable everyday living with split-system heating and cooling, evaporative cooling and a cosy wood heater, ensuring year-round comfort. A central bathroom, separate toilet and separate laundry further enhance the home's functionality.
Conveniently positioned just moments from Wellington Square Shopping Centre and Wallan Junction, you'll enjoy easy access to supermarkets, cafs, restaurants, medical facilities and all your everyday essentials. Families will appreciate being close to Wallan Primary School, Wallan Secondary College, local childcare centers and nearby parks and recreational facilities. Commuters are equally well catered for with Wallan Train Station, local bus services, and quick access to the Hume Freeway, making travel to Melbourne and surrounding suburbs both simple and convenient. Offering an unbeatable combination of development potential, investment appeal and lifestyle convenience, this is an opportunity that truly stands out.
Sales terms - 10% deposit / balance 30/60 days
Land size - 1015 sqm (approx.)
Council rates - $612.95 per quarter (approx.)
Estimated rental return - $430 - $450 per week
ON-SITE & ONLINE AUCTION
To bid online, you must register to bid by 4pm on the Friday prior to auction day.
To register, bid or view the live auction, visit: https://anywhereauctions.com.au/app/property?propertyId=72356
Property History for 21 Wellington St, Wallan, VIC 3756
- 01 Aug 2026Sold - Price Undisclosed
- 02 Jul 2026Listed for Sale Auction Sat 1 Aug 10:30am
- 23 Nov 2017Listed for Rent $275 - $275 pw
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0About 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 10,262 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.
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