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.
$620,670
For sale
Asking
3
Bedrooms
2
Bathrooms
2
Car spaces
697 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
Asking
$620,670
Asking · $890/m² of land
No recorded sale for this property.
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
+0.9%
Median sale
Suburb $615,000
-0.04 pp
Gross yield
Suburb 4.40%
Suburb median $615,000 from 74 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$37,565 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Wallan's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 4.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 The Roof Real EstateThe Roof Real Estate proudly presents a beautifully maintained family home offering comfort, convenience, and exceptional value in one of Wallan's most established pockets.
Positioned on a generous approximately 697m² allotment, this inviting residence features three spacious bedrooms, two bathrooms, multiple living zones, and secure car accommodation, making it the perfect opportunity for first-home buyers, growing families, or savvy investors. Great opportunity for sub division.
Charming Family Home in the Heart of Wallan, positioned on a generous approximately 697m² allotment.
Welcome to 54 King Street, Wallan, Vic 3756.
Property insights
• 3 spacious bedrooms with built-in robes
• Master bedroom complete with private ensuite
• Multiple living areas ideal for family living and entertaining
• Functional kitchen with ample storage and bench space
• Central family bathroom with separate bath and shower
• Ducted heating and cooling for year-round comfort
• Solar panels for energy efficiency
• Large backyard with decked entertaining area
• Workshop/home office plus additional under-house storage
• Double garage/car accommodation
• Set on approximately 697m² of land
Lifestyle & Location
Ideally located within walking distance to local schools, shopping facilities, parks, and everyday amenities, this home delivers the perfect balance of peaceful suburban living and practical convenience. Wallan continues to attract strong buyer interest thanks to its country charm, growing infrastructure, and easy connectivity to Melbourne via the Hume Freeway and V/Line train services.
Whether you're looking to move straight in, renovate, or invest in a high-growth corridor, this property presents endless possibilities.
Why You'll Love It
With its spacious floorplan, generous land size, and unbeatable location, 54 King Street offers a rare opportunity to secure a quality family home in the thriving Wallan community.
Invest in Lifestyle & Location
Set within one of Melbourne's most exciting growth corridors, this home represents outstanding value and long-term potential. Whether you're looking to move in or invest, this is an opportunity you don't want to miss. Enquire today to arrange your inspection and discover the lifestyle on offer at this fantastic address.
Contact today to book your inspection:
Rinku Chaudhary - 0413 673 908
Aman Khaira - 0424 183 730
Harpreet Mangat - 0416 412 414
***DISCLAIMER: Every precaution has been taken to establish the accuracy of the above information, but it does not constitute any representation by the vendor or agent. All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation by the vendor or agent. Photos are to be used as a guide only ****
Please see the below link for an up-to-date copy of the Due Diligence Checklist:
http://www.consumer.vic.gov.au/duediligencechecklist
Listing description written by Rinku Chaudhary, The Roof Real Estate — 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.