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 › Melville Ave
$737,000
Last sold
9 May 2026
5
Bedrooms
2
Bathrooms
2
Car spaces
544 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
$737,000
9 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Wallan (last 5 years) with land size have a median of $1,204/m² of land (n=65). 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
+19.8%
Median sale
Suburb $615,000
-0.73 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
UnknownVictoria 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.
Area
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 Ray White CraigieburnClean lines, open spaces, seamless transitions between inside and outside and balancing simplicity with warmth, this stunning five-bedroom, two-bathroom family sanctuary truly captures the essence of modern family living.
Every detail of this flawless, 32sq Henley Homes entertainer has been carefully considered to create a living environment that's as functional as it is beautiful.
Surrounding its occupants with textural finishes, warm tones and with entertaining at its heart, from the moment you arrive you'll be captivated by the home's plush interiors, multiple living areas, large bedrooms, pristine bathrooms, gourmet kitchen and palatial outdoor spaces.
Step inside and discover a wide entrance and hallway that creates a wonderful sense of openness and spaciousness.
The 4.2m x 5.2m palatial primary bedroom suite features a large walk-in robe and a hotel-sized ensuite boasting a double-length shower, his and hers vanity, separate bath and a separate toilet.
Three light-filled additional bedrooms all come with built-in robes and share an immaculate family-sized bathroom comprising a separate bath and shower and a separate toilet/powder room.
A flexible fifth bedroom could also be used as a study for those who need to work from home.
A versatile theatre room leads through to an upscaled living/dining zone with seamless outdoor connections. The connoisseur's kitchen boasts a waterfall-edged dining island, smooth stone countertops, high-end appliances, twin ovens, custom cabinetry and a must-have walk-in butler's pantry.
Set against a large backyard with endless possibilities, delivering effortless entertaining and allowing you to host in style, corner sliding doors roll back to reveal an undercover 4.4m x 6.4m alfresco with large floor tiling.
As flexible as it is exciting, whether it's outdoor dining, lounging in the sunshine or watching the kids play, there's ample room here to create your own dream outdoor lifestyle.
In a peaceful Wallara Waters Estate location that offers total convenience, it's a short commute to Wallan Station and the centre of Wallan including access to excellent schools and all the essentials that make daily life easy.
Extra features you'll love:
* Large 544sqm allotment
* Timber-look flooring
* Sheer curtains
* Ducted heating and cooling
* Double remote garage with internal and rear yard access
* Family-sized laundry with excellent cupboard storage
Beautifully presented for sale and surpassing expectations, 30 Melville Avenue feels like home the moment you drive up to it.
DISCLAIMER
The vendor, agent, and agency in preparing this information have used their best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies, or misstatements contained herein. Prospective purchasers should make their own enquiries to verify the information contained herein.
Listing description written by Vito Trentadue, Ray White Craigieburn — reproduced as published, not verified by Districts.