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101 Queen Street, Wallan VIC 3756

$530,000 – $560,000

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$530k - $557k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 2 Baths 2 Cars 650 m²

Listed: 11th Aug 2026

Updated: 4 hours ago

Overview

This property at 101 Queen Street, Wallan presents an excellent opportunity to acquire a spacious home positioned on a generous 650 square meter block. The sizable land offers a practical and versatile outdoor space suitable for a variety of recreational activities or future enhancements to the garden or backyard.

The home itself comprises three bedrooms and two bathrooms, accompanied by generous living areas. This floorplan delivers a comfortable and functional layout conducive to family living, first-home buyers, investors, or renovators who are seeking a property with the potential to personalize and improve over time.

One of the valuable features of the property is the double lock-up shed, which provides secure parking for vehicles as well as additional storage or workspace that will appeal to hobbyists or those needing extra utility space.

Located close to local schools, shops, and essential amenities, the property offers convenience for everyday living in a well-established community. The estimated rental return of approximately $2,000 per calendar month further underscores its attractiveness to investors.

While the home would benefit from some maintenance and modernizing, this presents the next owner with the chance to add value and craft a living environment that reflects their personal tastes and requirements. Overall, 101 Queen Street offers both practicality and promise in a sought-after location.

Local Market Insights

In Wallan, Quiet Listings observed 31 new houses entering the market over the last 30 days, up from 24 during the previous 30-day period, with an average advertised asking price of $816,581. The property type mix of listed properties is predominantly Houses at 74%, followed by land (12%), and units (7%). The most active agency for houses in the Wallan area is currently Buxton Real Estate Group, representing 23% of new listings, followed by Hess Real Estate with 23%. 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.