Lot 1315 Basil Drv, Wallan VIC (SMSF)

“Wallan Standard Investment – Turnkey 4-Bedroom Home in Springridge Estate”

Property analysis by:

Investment Highlights

• Located within the established Springridge Estate in Wallan — a premium master-planned community offering both lifestyle appeal and strong investment fundamentals.
• Functional 4-bedroom, 2-bathroom turnkey home tailored for family and professional tenants.
• Energy-efficient design with a 7-Star energy rating, 2590mm ceilings, and modern finishes throughout.
• Delivered as a full turnkey package, including landscaping, driveway, fencing, blinds, and letterbox.
• High tenant appeal due to proximity to schools, retail precincts, public transport, and Hume Freeway access.
• Strong market fundamentals with 0.8% vacancy rate and 4.3% 10-year average annual capital growth.
• Ideal for SMSF and residential investors seeking a stable, low-maintenance regional investment opportunity.

Key Financials

Purchase price: $730,000 (Land + Build)
Configuration: 4 Bedrooms | 2 Bathrooms | 1 Car Garage
Rental appraisal: $470 per week (~$24,244.48 p.a.)
Gross yield: 3.3%
Vacancy rate: 0.8%
10-year avg. annual growth: 4.3%

Location & Growth Drivers

Wallan, situated just 45 km north of Melbourne’s CBD, is a key part of Victoria’s thriving northern growth corridor. The suburb offers an attractive balance between affordability, accessibility, and lifestyle quality, making it highly appealing to families and commuters alike.

The Springridge Estate is an established master-planned community with landscaped parklands, nearby schools, and growing retail infrastructure. Its close proximity to the Hume Freeway and Wallan Train Station provides convenient connectivity to Melbourne, ensuring ongoing demand and strong rental performance.

Build Specification (Turnkey)

• Full turnkey inclusions with fixed-site costs, landscaping, fencing, and driveway.
• 2590mm ceiling height and 7-Star energy-compliant construction.
• 900mm stainless steel appliances, 20mm Caesarstone benchtops, and tiled splashbacks.
• Laminate timber flooring to living areas and carpet to bedrooms.
• Ducted heating and split-system air-conditioning for year-round comfort.
• LED downlights, roller blinds, and flyscreens included throughout.
• Colorbond roof, concrete driveway, letterbox, and clothesline included at completion.
• Comprehensive 10-year structural warranty and 90-day maintenance period post-handover.