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Lot 3 Smiths Lane

Mount Wallace, VIC 3342, Australia

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About this property

Positioned within the serene surrounds of Mount Wallace, Lot 3 Smiths Lane presents a rare opportunity to secure approximately 50 acres of highly versatile land in one of regional Victoria's emerging growth corridors. Framed by expansive rural landscapes and uninterrupted countryside views, the property offers an ideal balance of privacy and connectivity. Conveniently located just a short drive from the township of Ballan, with direct access to the Western Freeway, it provides seamless connectivity to Melbourne and Ballarat. The land is well-suited to a broad range of uses (STCA), including lifestyle pursuits, agricultural activities, or the development of a bespoke rural residence. This is an opportunity to embrace space, privacy, and flexibility, whether you are seeking to establish a working farm, create a private retreat, or enjoy the tranquillity of country living. Landholdings of this scale and calibre are increasingly scarce. Secure a premium parcel within a high-growth regional location and realise the full potential of this outstanding offering. For More Information Contact: Tan - 0403 504 531 Gagan - 0430 343 346 Interested parties should conduct their due diligence prior to making any submissions. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. Due Diligence Checklist: http://www.consumer.vic.gov.au/duediligencechecklist

Property Details

Property Type
land
Listing Type
For Sale
Land Area
20.23 ha
Listed
2 months ago

Repayment calculator

$5,551/month
$2,775 /fortnight
Loan $916,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$229,000
Stamp duty$62,975
Conveyancing (est.)$2,000
Total upfront$293,975
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Mount Wallace

This land in Mount Wallace, VIC 3342 sits within reach of local amenities.

Mount Wallace at a glance

Full suburb profile
Population
117
Median age
46
Household income
$1,600/wk
Median rent
$275/wk
Median mortgage
$2,327/mo

Source: ABS Census.

Due diligence

Property Report

Future Development

Complete

Mount Wallace is a small rural locality in regional Victoria with limited recent intensive development activity. Growth is primarily driven by incremental residential subdivisions on farmland and incremental infrastructure upgrades rather than major urban renewal or mixed-use precincts. Development pressure remains modest, reflecting its status as a dispersed regional settlement.

Nearby projects

3

Closest

0.5 km

Mount Wallace residential subdivision

500m1km1.5km2kmMount Wallace residential subdivision — 0.5 kmMount Wallace community facilities study — 1.0 kmRegional road upgrades - Western Highway — 2.0 km

Distance from this property is exact (rings = km). Direction is illustrative.

Mount Wallace residential subdivision

0.5 km
Residential subdivisionProposed

Small-scale residential lot subdivision on local farmland typical of growth corridor activity in outer regional Victoria.

500 m

Mount Wallace community facilities study

1 km
Mixed-useProposed

Council-led feasibility planning for community hall and local services infrastructure in response to population growth.

1.0 km

Regional road upgrades - Western Highway

2 km
InfrastructureUnder construction

Incremental road maintenance and safety improvements supporting regional connectivity and freight routes.

2.0 km
Source: StMate AI — VIC development trends06/05/2026
Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

Within 5km

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