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VIC › Wallan › Riceflower Rise

68 Riceflower Rise, Wallan VIC 3756

House

$630,000

Last sold

20 July 2026

4

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $630,000 (20 July 2026).(Recorded sale)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$630,000

20 July 2026 · derived via latest_sale

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.

See the full Wallan report →

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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$630,00020 July 2026
  2. Listedprice unknowncompleted17 June 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Wallan in one glance

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.

See the full Wallan report →

Keep researching

  • Why Wallan? Read the area thesis →
  • What else is on the market in Wallan →
  • Other records on Riceflower Rise →

Listing material

Listed by Area Agents Real Estate

Modern Metricon Masterpiece in Prime Wallan!!

Welcome to 68 Riceflower Rise, Wallan — a beautifully presented 4-bedroom, 2bathroom, 2 garage and 2 Livings Metricon built home offering a perfect blend of contemporary design, quality finishes, and effortless family living. Nestled within the highly sought-after and family-friendly community of Wallan this property is set on impressive 418sqm Approx land presents an exceptional opportunity to secure a modern lifestyle in a thriving northern growth corridor. Surrounded by quality homes, peaceful streetscapes, landscaped reserves, and a welcoming neighborhoods atmosphere, this location offers the perfect balance of convenience, comfort, and community living. With Wallan continuing to grow through exciting infrastructure upgrades, new developments, and improved amenities, this is an ideal place to call home for families, professionals, and investors alike.

From the moment you arrive, the home impresses with its elegant brick-rendered façade, landscaped front garden, aggregate driveway, and double garage with epoxy flooring and built-in storage, creating a stylish and practical entrance.

Premium Features & Modern Inclusions:

Read the full description

• Spacious 4-Bedroom Accommodation

Offering four generously sized bedrooms designed for comfort and privacy. Each bedroom includes built-in robes with mirrored sliding doors, providing excellent storage and a stylish finish.

• Luxurious Master Suite

The master bedroom provides a private retreat with a spacious layout and a beautifully appointed ensuite. Featuring a double vanity, the ensuite delivers everyday luxury and convenience.

• Stylish Bathrooms & Separate Toilet

The home features two modern bathrooms with quality fixtures and contemporary finishes. A separate toilet with its own entry adds extra functionality for family living and guests.

• Multiple Living Zones

Enjoy flexible living with a separate lounge area plus an expansive open-plan living and dining zone. These spaces are designed for family gatherings, relaxation, and entertaining.

• Impressive High Ceilings

The living and dining area showcases a stunning 4.2m approx ceiling height, creating a grand sense of openness and natural light. The rest of the home features 2.7m approx. ceilings, adding a premium feel throughout.

• Quality Flooring Throughout

The home combines timber-look flooring in main living areas with soft carpet in bedrooms and lounge spaces. This creates a perfect balance of style, warmth, and comfort.

• Designer Kitchen with Premium Finishes

The heart of the home features a modern kitchen with stone benchtops and premium 900mm appliances. A large walk-in pantry, spacious island bench, double sink, and ample cabinetry make it perfect for everyday cooking.

• Functional Laundry with Storage

The laundry includes a 20mm laminated benchtop and plenty of storage solutions. It provides a practical and organised space for daily household needs.

• Custom Media Room Feature Wall

Relax and entertain in the dedicated media area featuring a stylish feature wall with built-in cabinetry. Perfect for movie nights and creating a modern family atmosphere.

• Year-Round Comfort

Stay comfortable in every season with ducted heating and evaporative cooling throughout the home. The system ensures a pleasant indoor environment all year round.

• Solar & Energy Efficiency

A 6.4kW solar system with 16 panels helps reduce energy costs while supporting sustainable living. Ideal for modern families looking for efficiency and savings.

• Advanced Security Features

The property includes an alarm system, video intercom with screen, and 8-camera CCTV security system. These features provide peace of mind and enhanced home security.

• Outdoor Entertainer’s Alfresco

The fully tiled open alfresco area creates the perfect space for entertaining family and friends. It provides the perfect setting for family gatherings, weekend BBQs, or relaxing outdoors with guests.

• Quality Additional Features

The home includes blinds throughout and mesh screens on kitchen windows for added comfort. Stylish entry tiles and premium finishes complete the modern presentation of this beautiful residence.

• Low-Maintenance Fully Concreted Backyard

The backyard has been fully concreted, offering a clean, practical, and low-maintenance outdoor space. Perfect for families who prefer easy upkeep while still having plenty of room for entertaining, children’s activities, or outdoor living.

• Seamless Indoor–Outdoor Living

The alfresco area connects effortlessly with the open-plan living and dining zones, creating a smooth flow between indoor comfort and outdoor enjoyment. Large sliding doors enhance natural light and make entertaining easy.

• Private & Functional Outdoor Space

Designed for convenience, the backyard provides a neat and versatile area with minimal maintenance requirements. Ideal for busy families looking for a stylish yet practical lifestyle.

Prime Wallan Location

Perfectly positioned in a growing northern corridor, this home provides easy access to everyday conveniences:

• Close to Wallan Shopping Centre featuring supermarkets, cafés, restaurants, and essential services

• Convenient access to local schools and childcare facilities in the surrounding area

• Surrounded by nearby parks, walking tracks, and family-friendly recreational spaces

• Easy access to public transport options and local bus routes

• Approx. 5 minutes’ drive to Wallan Railway Station with V/Line services to Melbourne CBD

• Quick connectivity to the Northern Highway and Hume Freeway, ideal for daily commuters

Wallan is positioned as one of the key future growth corridors in Melbourne’s northern region, supported by ongoing residential estates, infrastructure upgrades, and increasing demand for affordable land within commuting distance to the CBD. As part of the rapidly expanding Victoria growth corridor, Wallan continues to benefit from strong population inflow driven by first-home buyers and families seeking larger land sizes. Planned improvements to transport links, education facilities, and local town centre upgrades within the Shire of Mitchell Shire further enhance its long-term investment appeal. With continued development and its strategic location along the Hume Freeway and V/Line rail line, Wallan is expected to experience sustained capital growth and stronger rental demand over the coming years.

Whether you are looking for a premium family home or a quality investment opportunity, 68 Riceflower Rise, Wallan offers the perfect combination of modern living, space, and location.

Due Diligence Checklist for Residential Property Buyers: http://www.consumer.vic.gov.au/duediligencechecklist

NOTICE: While the vendor, agent, and agency have diligently strived to ensure the accuracy and truthfulness of the provided information, they assume no liability and hereby disavow any responsibility for errors, inaccuracies, or misrepresentations present within. Prospective buyers are advised to conduct their own investigations to authenticate the information presented herein.

Listing description written by Paul Sankoorikal, Area Agents Real Estate — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.