Real Estate Appraisal Wallan VIC 3756
How much is my home worth in Wallan?
The median price for a house in Wallan is $635,000 as of March 2, 2023. The median price for a unit is $440,000.
There have been 242 houses sold and 18 units sold in the last year. The average annual capital growth for houses is 7.77% and for units, it is 7.48%.
The 12-month capital growth is 8.32% on houses and for units, it is 8.70%.
The Demand to Supply Ratio or DSR rating has homes and units above average. In this market, demand just outnumbers supply.
This is a good market for investors looking to add value to their portfolios. Buyers can sometimes get away with making lowball offers. More frequently than not, sellers obtain the prices they demand. Growth should be slightly higher than the national average. Growth will likely outpace the national average. It takes on average 29 days to sell a house and 16 days to sell a unit in Wallan.
House prices and rent returns in Wallan.
- 2 bedroom home N/A, Rent per week N/A
- 3 bedroom home $590,000 Rent per week $390
- 4 bedroom home $700,000, Rent per week $420
Unit prices and rent returns in Wallan.
- 1 bedroom home N/A, Rent per week N/A
- 2 bedroom home N/A, Rent per week $332
- 3 bedroom home $450,500, Rent per week $365
The Wallan gross rental yield for houses is 3.31% and for units, it is 4.40%.
Free Real Estate Appraisal Wallan
Selling your house in Wallan? Do you want to know the current market price of your house or unit? Our appraisers will deliver an accurate appraisal based on recent sales data together with the location of amenities, schools and shops. Our agents will provide this valuation free of charge.
Free Rental Appraisal Wallan
Do you have an investment property you wish to rent? Or, do you want to rent out your current home? Our property management team currently manages over 34,000 properties in Australia. Our focus is to maintain and care for your property so you can realise the maximum return on your investment. We use the latest software tools to organise our services and we provide full digital tax accounting files. We work closely with the landlord and report regularly on their property. We have a large database of potential tenants that we screen for security reasons.
Property Valuation Wallan
The majority of people believe a property appraisal and a property valuation are the same. In part, this is true. However, if you need a valuation for legal purposes, you need to engage the services of a licenced property valuer. A valuation from a certified property valuer will cost you money. Or, if you just want to know how much your home is worth, then any registered real estate agent can give you a good understanding of what price you could get for your property, both for sales and rent.
If you want to know the value of your Wallan home, request an appraisal today to speak to one of our experienced Property Consultants or Property Managers.
How do we appraise a property in Wallan?
- Recent property sales history in the Wallan district
- Location and the proximity to amenities
- Accessibility to schools and shops
- Comparison of market values
- Condition and size of the property
Want to know what your Wallan home is worth?
Recently Sold Properties in Wallan
Lifestyle in Wallan
Wallan, sometimes known as Wallan Wallan, is a town in Victoria, Australia, located 51 kilometres north of Melbourne's central business district. The rapidly rising community of Wallan is located in the Mitchell Shire's south. There is something for everyone in the town, including the Community Bank Adventure Playground and Splash Park, Hidden Valley golf resort, and numerous wonderful cafes. You will be able to enjoy a modern country feel while having all of the amenities right on your doorstep in this town. Neighbouring suburbs include Wandong, Beveridge and Upper Plenty.
Wallan's township offers a variety of recreational opportunities. Hadfield Park, in the heart of Wallan, is one of the city's most popular attractions. A 5-story tower and a completely accessible water splash park are part of this unique adventure playground.
Schools in Wallan
There are 3 schools in Wallan.
Wallan Real Estate Agent Contact Details
Office: Wallan
Phone: 03 5783 1268