Windham StreetWallan VIC 3756
Property Details for 7/40 Windham St, Wallan
7/40 Windham St, Wallan is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2025. The property has a land size of 103m2 and floor size of 80m2.
Last Listing description (March 2026)
A smart opportunity to secure a modern, easy-care property in one of Wallan's steadily expanding residential pockets. With a practical layout, two bathrooms, and strong tenant appeal, this home is ideal for investors seeking reliable rental demand and long-term growth.
Designed for low maintenance and broad leasing appeal, the property suits singles, couples, downsizers, and professional tenants alike.
Investment Highlights:
-2 well-sized bedrooms with built-in robes
-Master bedroom with private ensuite
-Second bathroom with modern fittings
-Open-plan kitchen, meals, and living area
-Functional kitchen with ample storage and bench space
-Heating and cooling for year-round tenant comfort
-Single garage with internal access
-Low-maintenance outdoor area to minimise upkeep
Location & Demand Drivers:
-Strong rental demand in Wallan's growth corridor
-Close to schools, parks, childcare, and local shopping
-Easy access to Wallan Train Station and the Hume Freeway
-Ongoing infrastructure and residential development supporting future value
A solid investment offering low holding costs, tenant appeal, and long-term upside.
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Property History for 7/40 Windham St, Wallan, VIC 3756
- 12 Mar 2026Listed for Sale $529,000
- 22 Oct 2025Listed for Rent $420 / week
- 26 May 2025Listed for Sale $399,000 to $438,000
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0About 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 10,220 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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