147 King St, Wallan is a 3 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 6900m2. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 3 bedroom House sold in Wallan in the last 12 months.
Presenting an exceptional opportunity to secure a large parcel of residential-zoned land within the heart of Wallan's future development hub. Set on approximately 6,900m², this strategically located property is part of the King & Queen Masterplan - a major growth initiative that is shaping the future of the region.
147 King Street, Wallan VIC 3756
Land Size: Approx. 6,900m² | Zoning: GRZ1 - General Residential Zone 1
At the heart of the property is a charming 3-bedroom home, offering comfortable living with potential for rental income or occupancy while planning future development (STCA).
Key Features:
Development Potential: Situated within the King & Queen Masterplan area, offering substantial scope for residential development (STCA).
GRZ1 Zoning: Supports a range of residential development outcomes.
Strong Surrounding Growth: Surrounded by established and ongoing residential projects, ensuring strong market demand.
Convenient Location: Close to schools, shopping centres, transport links, medical facilities, and parks.
Appealing Terms: Vendor offers flexible settlement terms.
This is an ideal opportunity for developers, land-bankers, or investors looking to capitalise on one of Wallan's most promising growth areas.
For further details or to arrange an inspection, please contact:
Gurdeep Singh 0450 541 013 or
Yadwinder Singh Thakur 0452 670 086.
Interested parties should conduct their due diligence prior to making any submissions. Given are for general information only and do not constitute any representation on the part of the vendor or agent.
Due Diligence Checklist -
http://www.consumer.vic.gov.au/duediligencechecklist
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 10,222 properties. Over the last 5 years, Houses in Wallan have seen a 15.90% increase in median value, while Units have seen a 31.81% increase. As at 28 February 2026:
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