Pulling the latest suburb data
Crunching safety, prices and growth — this takes a moment for suburbs we haven't loaded recently.
Crunching safety, prices and growth — this takes a moment for suburbs we haven't loaded recently.
Mitchell LGA · VIC
Signal · Worth a look
For an investor,
A read of Wallan's fundamentals as they stand — not a price forecast. The scorecard below rates each factor so you can weigh the ones that matter to you.
The draw is fair yield (4.0% gross); the watch-out is elevated crime risk.
An income play more than a growth play — buy for cash-flow, not capital gains, and pocket and street selection matter more than the suburb average.
Suburb highlights
Wallan ranks 6th of 6 among its Mitchell peers on the Suburb Score for a balanced buyer.
| Suburb | Median | 5-yr growth | Yield | Safety |
|---|---|---|---|---|
| High Camp | — | — | 3.7% | Very safe |
| Glenaroua | — | — | 3.7% | Very safe |
| Glenhope | — | — | 2.7% | Very safe |
| WallanThis suburb | $610k | +5% | 4.0% | Elevated |
Every suburb gets the same data-backed verdict. Compare Wallan against its neighbours.
What could go wrong
Wallan's most common reported offences are burglary, theft & damage — about 43% of the total. That's lower than the Victorian average of 58%. Violent crime levels are in line with the state, and total offences are up 76% over 4 years.
Share of this suburb's offences; ±pt is the gap to the VIC average. Tap a category for its count.
A fast-filling new growth area — capital growth is still building from a small base.
By bedroom 2-bed $529k · 3-bed $575k · 4-bed $619k · 5-bed $1.01m
Balanced rental market — neither tight nor oversupplied.
New approvals are running below local demand — a supply gap that supports prices and rents.
Sells slower than the VIC median — typically more room to negotiate.
Wallan is an emerging growth-area suburb — its resident base is still small and filling in fast, so a percentage off that tiny base overstates the trend. Read it as a new area being built out, not a precise growth rate.
A comparative guide, not a household-level stress rate. For a new growth area, the local income is a thin Census sample — read it as indicative.
The report goes the next mile — your numbers run on the Wallan median, tuned to your goal, in one document to take to inspections.
Reasonable fundamentals for a balanced focus — 40/100.
Adjust the basics and see the headline return update live.
Our verdict
Hard to justify for a balanced focusEvery figure on Wallan's page comes from free, public government data — no scraped listings. Some datasets carry a reporting lag (e.g. Census is 2021, ABS releases settle a quarter behind), so read them as a considered starting point, not live quotes.
Ask PropSignal AI about prices, yields and growth, or compare it with your shortlist. Free.
Indicative only; not financial or safety advice.