7 Eden Place, Wallan, VIC 3756 | Commercial for sale | OnTheHouse
 
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7 Eden Place
Wallan VIC 3756

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 296m2
Land area: 6098m2
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19 TOWNHOUSES DEVELOPMENT SITE IN WELL-ESTABLISHED RESIDENTIAL AREA OF WALLAN!

Raine & Horne Land Victoria proudly presents an exceptional development and lifestyle opportunity in the heart of Wallan, offering a substantial landholding of approximately 6,096m² with two separate dwellings on the property with plans for 19 townhouses, positioned within one of Melbourne's fastest growing northern corridors, this property presents outstanding potential for future subdivision and townhouse development (STCA) while also providing immediate lifestyle appeal or rental income.
The property features two independent residences, making it ideal for extended family living, dual occupancy, or investment. With its generous land size and strategic location close to key amenities, schools, and transport links, this property represents a rare chance to secure a sizeable parcel in a rapidly expanding community. Whether you are a developer looking to unlock its subdivision potential or a buyer seeking a peaceful country lifestyle within commuting distance to Melbourne, this property offers flexibility and long-term value.
Wallan continues to attract strong interest from both developers and homebuyers due to its accessibility via the Hume Freeway and V/Line train services, along with ongoing population growth and infrastructure investment in Melbourne's northern growth corridor.
Property Features:
• Approx. 6,096m² landholding in General Residential Zone (GRZ)
• Previously Approved Plan & Permit for 19 townhouses
• Two separate dwellings offering flexible living or rental opportunities
• Dwelling 1: Two bedrooms, one bathroom, kitchen and living area
• Dwelling 2: Three bedrooms plus study, two living areas and kitchen
• Ideal for developers, investors, or families seeking a large lifestyle property
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Property Details for 7 Eden Pl, Wallan

Building Type
Commercial
Year Built
1980
Floor Size
296m2
Land Size
6098m2
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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 10,120 properties. Over the last 5 years, Houses in Wallan have seen a 9.86% increase in median value, while Units have seen a 31.75% increase. As at 31 May 2026:

  • The median value for Houses in Wallan is $663,495 while the median value for Units is $506,611.
  • Houses have a median rent of $473 while Units have a median rent of $430.
There are currently 170 properties listed for sale, and 19 properties listed for rent in Wallan on OnTheHouse. According to Cotality's data, 518 properties were sold in the past 12 months in Wallan.

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Kevin Paghdar
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Rizul Sharma
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Raine & Horne Land Victoria
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