1950 Old Sydney RoadWallan VIC 3756
Property Details for 1950 Old Sydney Rd, Wallan
Last Listing description (August 2022)
Elders Rural Services Australia Limited is pleased to present for sale 1950 Old Sydney Road Wallan, an exciting lifestyle/land banking opportunity boasting proximity to Melbourne CBD.
Ideally located 4km* north of the regional township of Wallan, the property occupies a versatile 18.3 hectares* (45.22 acres*) of land ideally suited to livestock, cropping and/or equine pursuits.
The easterly facing aspects offer outstanding home sites (STCA) with valley vistas overlooking Mount Disappointment and the surrounding ranges.
The property features an abundance of natural water supply via an expansive dam, which supplies adequate water for stock.
Offerings of this quality rarely present themselves to market with astute investors immediately recognising the potential that this near Melbourne holding has to offer.
Key features:
Total land area: 18.3 hectares* (45.22 acres*) in 3 certificates of title
Highly versatile level to gently undulating land ideally suited to livestock, cropping or equine pursuits
Positioned in an enviable setting overlooking stunning surrounding vistas and nearby mountain ranges
Large catchment dam
Electricity and phone connectivity are available
Reliable 670mm* (26 inches*) average annual rainfall
Dual road frontage to Old Sydney Road and the Northern Highway
Favourably positioned 4km* N Wallan, 8.5km* S Kilmore and 58km* N Melbourne CBD
Exclusive selling agents
Nick Myer 0427 610 278, nick.myer@elders.com.au
Kellie Ryan 0437 791 324, kellie.ryan@elders.com.au
Sam Jeffery 0438 004 491, sam.jeffery@elders.com.au
*denotes approximately
Property History for 1950 Old Sydney Rd, Wallan, VIC 3756
- 08 Feb 2022Sold for $990,000
- 15 Nov 2021Listed for Sale $820,000
- 05 Jun 2020Listed for Sale Accepting Offers - ESP: $800,000 - $880,000
Recent sales nearby
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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 10,222 properties. Over the last 5 years, Houses in Wallan have seen a 14.95% increase in median value, while Units have seen a 36.10% increase. As at 31 March 2026:
- The median value for Houses in Wallan is $674,820 while the median value for Units is $508,928.
- Houses have a median rent of $470 while Units have a median rent of $430.
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