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Overview
Situated in the rapidly growing township of Wallan, this expansive land parcel offers an exceptional opportunity for discerning buyers seeking a unique lifestyle or investment prospect. Spanning approximately 99 acres (around 40,000 sqm), the property is zoned for farming and provides a rare chance to build a substantial home and ancillary structures, leveraging the existing site preparations, including a completed site cut for a dream mansion.
The location balances privacy and connection: the natural landscape offers a serene backdrop with views of New Year's fireworks, while shops, primary schools, and essential amenities are just minutes away. Easy access to major transport routes, including Melbourne Airport and the CBD, enhances convenience, making it suitable for buyers prioritizing both tranquility and accessibility.
For investors and developers, the property's positioning within a high-growth corridor is supported by projected population increases in the Mitchell Shire and strong local market activity. Proximity to established towns like Wandong, Beveridge, and Kilmore expands lifestyle and service options within a short driving distance.
- Expansive 99-acre land holding ideal for a premium lifestyle or investment
- Farming zoning provides opportunities for diverse land use
- Site cut and previous house permit facilitate streamlined development, subject to council approval
- Nearby Wallan Primary and Muyan Primary Schools, several major supermarkets, and fast-food restaurants enhance everyday convenience
- Robust local market activity indicates solid investment potential amid a growing community
Potential buyers should consider the property’s development opportunities balanced with regulatory conditions. This parcel is well-suited to those seeking privacy and space without sacrificing connectivity to urban conveniences, making it a distinctive choice for lifestyle buyers or astute investors in the Wallan region.
Local Market Insights
In Wallan, Quiet Listings observed 9 new parcels of land entering the market over the last 30 days, up from 2 during the previous 30-day period, with an average advertised asking price of $617,947. The property type mix of listed properties is predominantly Houses at 68%, followed by land (25%), and units (5%). The most active agency for land in the Wallan area is currently Universal Real Estate Vic North, representing 33% of new listings, followed by Ray White with 33%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.