Wallan at a glance
17,240
People
$615,000
Median sale
$520/wk
Median rent
4.40%
Suburb gross yield
Median sale from 74 recorded sales (last 12 months) — a Districts calculation.
VIC › Wallan › Alexander Ave
$630,000
Last sold
2 Mar 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
632 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$630,000
2 Mar 2021 · derived via latest_sale
Local land rate: recorded House sales in Wallan (last 5 years) with land size have a median of $1,227/m² of land (n=66). Districts calculation from recorded sales — not a valuation.
Wallan at a glance
17,240
People
$615,000
Median sale
$520/wk
Median rent
4.40%
Suburb gross yield
Median sale from 74 recorded sales (last 12 months) — a Districts calculation.
Vs Wallan
+2.4%
Median sale
Suburb $615,000
-0.11 pp
Gross yield
Suburb 4.40%
Suburb median $615,000 from 74 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $520/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Wallan at a glance
17,240
People
$615,000
Median sale
$520/wk
Median rent
4.40%
Suburb gross yield
Median sale from 74 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Wilson PartnersOccupying a quiet yet ultra-convenient address, this outstanding family home showcases classic indoor/outdoor living at its best. Set on 632sqm, it offers a spacious single level design with immaculate interiors and impressive alfresco entertaining that is fantastic for kids. It presents an ideal opportunity for first home buyers to take advantage of stamp duty savings, or investors to capitalise on robust potential returns. Secure your place in the thriving Wallan community, just a short stroll to town centre cafes, Coles and Aldi, Wellington Square shops, a host of parklands plus Wallan Secondary College, Wallan Primary School and great childcare options. Melbourne commuters will also enjoy easy access to the V/Line train and Hume Freeway.
Surrounded by established properties, it boasts an attractive façade framed by landscaped gardens. The wide foyer leads to a superb living area with a gas log fire, elegant dining area and large lounge nestled at the back. The smart modern kitchen has quality stainless steel appliances, a dishwasher and breakfast bar. Step outdoors to a huge covered entertaining area with a wood burning fireplace and built-in BBQ, sunny low maintenance backyard, tranquil Bali hut and sparkling in-ground pool. Accommodation includes four generous bedrooms – the main has a walk-in robe and ensuite, while three have built-in robes. The bright family bathroom has a bath, shower and separate w/c. It features a good sized laundry, air conditioning and heating, polished floorboards and an automatic double garage with internal and drive through access.
Listing description written by Daniel Bruggink, Wilson Partners — reproduced as published, not verified by Districts.
Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.