VIC/
Wallan

Suburb Profile

Wallan - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3756

house
unit

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $378,500.

The upward trend in home prices in WALLAN, 3756 averaged 3.77% per annum over a 3-year period.

Average weekly rents on listings have reached the $340 mark, reflecting a 4.67% increase in returns based on the current median price in WALLAN.

An average of 19.08 real estate transactions take place per month in WALLAN which translates to 229 per annum.

229 properties were sold in WALLAN in 2016, making it the 416th most active market in VIC based on total real estate transactions.

WALLAN, 3756 places 337th in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $378,500 $277,000
GROWTH REPORT
Median Quarterly 2.85% 1.19%
Median 12 month 6.62% 0.18%
Median 3 years 11.32% 8.63%
Median 5 years 18.28% 5.93%
10 years average annual 4.17% 3.09%
Weekly media advert. rent $340 $297.5
Time on Market 71.6 days 100.4 days
Gross Rental Yield Percent 4.67% 5.58%
demographics (median values)
Total Population
6641
Weekly Household Income
1158
Household Size
3.10
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type
promoted stories