8/38 Corkwood Crescent, Wallan, Vic 3756

$475,000

Unit
Type
3
Bedrooms
2
Bathrooms
1
Parkings
200 m²
Area

Last updated on Friday, June 12, 2026 ( See property details for 8/38 Corkwood Crescent, Wallan, Vic 3756)

$475,000

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A modern, low-maintenance unit with strong rental income, contemporary finishes, and excellent tenant stability in Wallan.

🏡 Property Highlights

  • Immediate rental income with A+ tenants on an 18-month lease
  • Strong 5.15% return, ideal for investors seeking stability
  • Modern, low-maintenance design with contemporary finishes
  • Generous bedrooms with built-in robes and a private master suite
  • Open plan kitchen, living, and dining with stone benchtops
  • Ducted heating and air conditioning for year-round comfort

✨ Key Features

  • Built-in Robes
  • Ensuite
  • Open-Plan Living
  • Waterfront / Views
  • Outdoor Area
  • Air Conditioning
  • Heating
  • Shed
  • Open-Plan Living
  • Pet-Friendly

Wallan is a thriving suburb offering excellent connectivity, family-friendly amenities, and a growing community. It features convenient access to schools, shopping centres, and transport links, making it an ideal location for both investors and residents. The area boasts a peaceful environment with parks and recreational facilities, ensuring a high quality of life. With ongoing development and strong demand, Wallan presents a promising opportunity for property growth. The local market is characterized by affordable prices and consistent rental demand, making it a smart choice for long-term investment.

What is the condition of the property and are there any recent renovations?
The property is a very young, modern home with contemporary finishes and has been thoughtfully designed for low-maintenance living, with no recent renovations mentioned.
What are the included appliances and features in the kitchen?
The kitchen features modern appliances, stone benchtops, and a neutral colour palette, designed for both style and functionality.
Is the property suitable for pets and outdoor activities?
Yes, the property has a generous grassed backyard, providing ample space for kids and pets to enjoy the outdoors.
What heating and cooling systems are available?
The home is equipped with ducted heating and air conditioning throughout for year-round comfort.
Are there any additional storage options?
The European-style laundry includes additional shelving to maximise space and maintain a streamlined layout.
Are there any upcoming strata or body corporate fees or special levies applicable to this unit? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any planning or development applications nearby that could impact the property? What are the total ongoing costs, including council rates, strata fees, and maintenance? Are there any restrictions or easements affecting the property or land use? Has the property been inspected for structural issues or defects? Are there any planned upgrades or renovations in the surrounding area that could affect property values? Is the property compliant with all local building codes and regulations? What are the terms of the current lease, and are there options for renewal or extension? Are there any noise or neighbour-related issues that could impact living or rental conditions?

8/38 Corkwood Crescent, Wallan, Vic 3756 - More Details

$475,000

Type
Unit
Bedrooms
3
Bathrooms
2
Parkings
1
Area
200 m²

Price guide

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