8 Penny Place, Wallan, VIC 3756 | Land for sale | OnTheHouse
 
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8 Penny Place
Wallan VIC 3756

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Perfect Blank Canvas in Springridge

Settle your plans for a dream home or a smart land investment on this generous 726m (approx.) allotment in the sought-after Springridge Estate of Wallan. Quietly positioned within a family-focused pocket, the block offers level building terrain and a sensible footprint that suits single- or double-storey home designs, with room for backyard living, entertaining and landscaping that complements the surrounding quality homes.
Location is a standout - you're just minutes from Wallan Primary School and Wallan Secondary College, close to Wellington Square Shopping Centre and local parklands, and only a short drive to Wallan Train Station and the Hume Freeway for easy access to Melbourne. Everything a growing family or future homeowner could need is right at your doorstep.
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Property Details for 8 Penny Pl, Wallan

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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 10,207 properties. Over the last 5 years, Houses in Wallan have seen a 24.47% increase in median value, while Units have seen a 37.10% increase. As at 31 October 2025:

  • The median value for Houses in Wallan is $659,398 while the median value for Units is $489,211.
  • Houses have a median rent of $470 while Units have a median rent of $430.
There are currently 207 properties listed for sale, and 33 properties listed for rent in Wallan on OnTheHouse. According to Cotality's data, 507 properties were sold in the past 12 months in Wallan.

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Jalal Abdallah
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Daniel Abdallah
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First National Real Estate Meadow Heights
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