Wallan, VIC 3756

Wallan, VIC 3756

Compare Part of Mitchell

44.56 km
Distance from CBD
5 k
Population
Median Sale Price
House
-
Updated on Apr 2020
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Apr 2020
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$292,000
0.0% $175,000 $680,000 98
2010
$345,000
+15.4% $153,500 $1,000,000 126
2011
$349,000
+1.1% $202,500 $645,000 79
2012
$337,500
-3.4% $201,000 $3,150,000 109
2013
$322,500
-4.7% $230,000 $800,000 178
2014
$338,000
+4.6% $200,000 $750,000 122
2015
$340,000
+0.6% $219,000 $1,009,000 130
2016
$360,000
+5.6% $150,000 $1,350,000 175
2017
$438,000
+17.8% $250,000 $1,650,000 234
2018
$490,000
+10.6% $140,000 $1,420,000 229
2019
$460,000
-6.5% $320,000 $1,205,000 167
2020
$495,000
+7.1% $240,000 $1,450,000 67
Median Sale Price
$470K
Based on 175 recorded sales within the last 12 months
Updated on 2 Jun 2020
Suburb Growth
-3.6%
Current Median Price: $470,000
Previous Median Price: $487,000
Based on 352 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2020)
Price Range Segments (12 months ending May 2020)
Median Weekly Rent Price
House
$360
Updated on Apr 2020
2 BR
$310
3 BR
$350
4 BR
$375
Unit
$330
Updated on Apr 2020
1 BR
$270
2 BR
$320
3 BR
$330
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$350
0.0% $240 $450 90
2012
$320
-9.4% $120 $1,300 117
2013
$320
0.0% $200 $36,500 249
2014
$325
+1.5% $250 $2,000 270
2015
$330
+1.5% $185 $575 238
2016
$335
+1.5% $260 $595 162
2017
$340
+1.5% $265 $1,517 188
2018
$360
+5.6% $40 $650 209
2019
$360
0.0% $250 $690 174
2020
$370
+2.7% $300 $550 75
Median Rent Price
$365
per week
Based on 174 recorded rent within the last 12 months
Updated on 2 Jun 2020
Rent Price Growth
+1.4%
Current Median Rent: $365
Previous Median Rent: $360
Based on 383 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4%
Current Median Price: $470,000
Current Median rent: $365
Based on 349 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2020)

Auction Results For Wallan

Houses sold in Last 12 months ends 30 May 2020

$441K

Median Sale Price

92%

Clearance Rate

32/35

Sold/Reported

$1.21M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1.2 M - $1.4 M 1
$1 M - $1.2 M 1
$800 K - $1 M 1
$600 K - $800 K 1
$400 K - $600 K
(Median Price Range)
20
less than $400 K 4

Schools closest to Wallan, VIC 3756

School name Address Type Sector Distance
Wallan Primary School 46-48 QUEEN STREETWallan 3756 Primary Government 0.4 km
Wallan Secondary College 100 DUKE STREETWallan 3756 Secondary Government 0.71 km