
“Wallan Standard Investment – Turnkey 4-Bedroom Home in Springridge Estate (Kennedy 22L Design)”
Property analysis by:
Investment Highlights
- Modern turnkey 4-bedroom home in the established Springridge Estate, one of Wallan’s most desirable residential communities.
- Spacious Kennedy 22L design with 4 bedrooms, 2 bathrooms, and a 2-car garage, ideal for family and professional tenants.
- Fixed-price turnkey package offering an attractive 3.4% gross rental yield and long-term capital growth of 4.3% p.a.
- Situated in Melbourne’s fast-growing northern corridor, close to Wallan Train Station, Hume Freeway, and Wallan Town Centre.
- Energy-efficient build and quality inclusions designed for durability, tenant appeal, and low maintenance.
- Expected title registration and build commencement in late 2025, with full turnkey delivery at completion.
Key Financials
Purchase price: $730,000 (Land + Build)
Configuration: 4 Bedrooms | 2 Bathrooms | 2 Car Garage
Rental appraisal: $480 per week (~$24,760.32 p.a.)
Gross yield: 3.4%
Vacancy rate: 0.8%
10-year avg. annual growth: 4.3%
Location & Growth Drivers
Wallan continues to grow as a thriving hub within Melbourne’s northern growth corridor, driven by sustained population expansion and improved connectivity. The suburb provides an excellent mix of affordability, accessibility, and lifestyle, making it a top choice for families and investors alike.
Springridge Estate offers a master-planned community setting, enhanced by open spaces, walking trails, and access to key amenities including schools, retail precincts, and public transport. With the Hume Freeway and Wallan Train Station nearby, residents enjoy easy access to Melbourne CBD while benefiting from strong rental demand and long-term capital growth prospects.
Build Specification (Turnkey)
- Full turnkey package including driveway, fencing, blinds, floor coverings, and landscaping.
- 2590 mm ceiling height, LED lighting, and premium fixtures throughout.
- 20 mm Caesarstone benchtops in kitchen and bathrooms with soft-close cabinetry.
- 900 mm stainless-steel appliances including oven, cooktop, and rangehood.
- Ducted heating and split-system air-conditioning for year-round comfort.
- Energy-efficient 7-Star rated construction with insulation and water-saving fittings.
- Comprehensive 10-year structural warranty and 3-month maintenance period post-handover.