The median house price in Wallan as of 2026 is $640,000, according to the Apr-Jun 2025 quarter data. This stable price marks no change year-on-year and represents a slight quarter-on-quarter decrease of 2.7%. With these insights, potential buyers, sellers, and investors can make informed decisions relevant to the Wallan real estate market.

• The median house price in Wallan is currently $640,000 as per Apr-Jun 2025 data.
• Land prices in Wallan have seen a significant increase of 126.7% quarter-on-quarter.
• Wallan’s population is 15,004, with a median household income of $1,914 per week.

What do the numbers say in Wallan?

According to DataVic and REIV, the median house price in Wallan remains stable with a YoY growth of 0.0% and a QoQ change of -2.7%. The median land price has surged to $340,000, a substantial QoQ increase of 126.7%, indicating robust interest in land purchasing. This upward trend in land value reflects Wallan’s growing appeal as a location for new developments and investments. Meanwhile, the unit median price is recorded at $452,000, showing a 0.4% increase QoQ but a YoY decrease of 0.1%. These figures underscore the current housing dynamics in Wallan, making it imperative for stakeholders to stay informed about market fluctuations.

What are the key considerations?

For those considering buying, selling, or investing in Wallan, understanding demographic details is crucial. The latest ABS Census (2021) data reveals a youthful median age of 33.0 years in Wallan, and a median household income of $1,914 per week. Moreover, rental demand appears strong with a median weekly rent of $360. With only 1 active listing currently available, the market could be described as relatively tight, potentially bolstering house prices as demand outweighs supply.

For comparison, house markets in other regions like the Cairnlea median house price and craigieburn median house price are fluctuating differently, offering potential buyers options based on budget and lifestyle preferences.

How does Collings help?

Collings Real Estate offers comprehensive support for anyone involved in the Wallan property market. Their professional team not only provides accurate market assessments but also assists with personalized strategies for optimizing property management. Access exclusive property insights and data analytics through the Collings portal, designed to give clients a competitive edge in securing real estate goals. For those keen on learning about other locations, the heatherton median house price data provides additional context for understanding regional variations.

Contact our team at info@collings.com.au or call 03 9486 2000 to discover your property’s potential with a free appraisal.

Frequently asked questions

Below are some common questions about the Wallan real estate market for 2026, providing further clarity on investment opportunities and market trends.