24a & & 24b Stanley St, Wallan, VIC 3756 | Land for sale | OnTheHouse
FOR SALE
$850,000 to $900,000

24a & & 24b Stanley Street
Wallan VIC 3756

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1624m2
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Plans to Construct 6 Dwellings on Two Separate Titles

Ikon Real Estate proudly presents the listing of 24A & 24B Stanley St, Wallan, boasting generous allotments of 1120m2 & 504m2 respectively. Strategically located in the heart of Wallan, these parcels offer lucrative potential, featuring plans for 6 Units.
Emphasizing both privacy and natural light, these properties are ideal for families, with proximity to shopping, schools, medical facilities, and recreational areas. Each unit promises stylish living spaces, premium finishes, and well-appointed kitchens, ensuring comfort and satisfaction for residents.
The area's accessibility via the Hume Freeway enhances convenience, facilitating easy commutes to Melbourne CBD and beyond. Moreover, with a burgeoning population and abundant employment opportunities nearby, this development presents an enticing prospect for investors seeking significant returns.
In summary, LJ Hooker Wallan invites you to seize this exceptional opportunity, marked by quality, convenience, and potential for growth. Don't miss out on the chance to be part of Wallan's thriving community.
Highlights:
-800 meters from Wellington Shopping Centre
-Less than 5 minutes to Hume Highway
-Approved Sub-division for 5 units
-Less than 5 minutes to Wallan Train Station
-2 street frontages - Stanley St and Wellington St
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Property Details for 24a & & 24b Stanley St, Wallan

Building Type
Land
Land Size
1624m2
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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 10,272 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 181 properties listed for sale, and 18 properties listed for rent in Wallan on OnTheHouse. According to Cotality's data, 541 properties were sold in the past 12 months in Wallan.

Suburb Insights for Wallan 3756

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Inder Singh
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Kuljeet Dhillon
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Ikon Real Estate
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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.