We are excited to announce our first Wallace Town in Victoria’s Yarra Valley.
Our unique hybrid ownership model makes owning a home vastly more achievable and affordable. To further reduce the cost of living, we intend to produce food and generate electricity on-site, meaning lower costs of living.
The development of Wallace Town Yarra Valley is to be completed in three stages.
- The release of 16 homes for sale and 156 site holiday park
- Addition of 140 more homes (STCA).
- Implementation of community renewable energy and community hub
How it Works
The Wallace Towns model cuts the cost of home ownership in half.
Our residents purchase their home but rent the land, meaning:
No payable Stamp Duty for all residents
No payable Council Rates for all residents
Access state-of-the-art amenities
Benefit from future on-site power and food production
The Wallace Towns model cuts the cost of home ownership in half.
Our residents purchase their home but rent the land, meaning:
No payable Stamp Duty for all residents
No payable Council Rates for all residents
Access state-of-the-art amenities
Benefit from future on-site power and food production
For a flat monthly fee of $1,000.
Houses
The Wallace House is a building system designed and manufactured in Melbourne.
Engineered by Wallace to create high-quality, customisable homes at affordable price points, at scale - meaning everyone can afford a great home.
Wallace House builds at Yarra Valley will be 2 bedrooms as standard for Stage 1 with larger formats being considered for Stage 2.
Homes start from $500,000.
Houses
The Wallace House is a building system designed and manufactured in Melbourne.
Engineered by Wallace to create high-quality, customisable homes at affordable price points, at scale - meaning everyone can afford a great home.
Wallace House builds at Yarra Valley will be 2 bedrooms as standard for Stage 1 with larger formats being considered for Stage 2.
Homes start from $500,000.
Food Production
An on-site regenerative greenhouse supports year-round crop growth, while a herd of dairy cattle provides fresh milk used to make cheese and yogurts.
A flock of chickens supplies fresh eggs daily, and an on-site vineyard produces grapes for winemaking. All food is produced on-site, promoting local, regenerative agriculture and a self-sustaining food system.
An on-site cafe and supermarket offering self-produced and local goods provides great convenience to residents and further demonstrates the efficiency of the Wallace Town system.
Food Production
An on-site regenerative greenhouse supports year-round crop growth, while a herd of dairy cattle provides fresh milk used to make cheese and yogurts.
A flock of chickens supplies fresh eggs daily, and an on-site vineyard produces grapes for winemaking. All food is produced on-site, promoting local, regenerative agriculture and a self-sustaining food system.
An on-site cafe and supermarket offering self-produced and local goods provides great convenience to residents and further demonstrates the efficiency of the Wallace Town system.
Energy
As the community develops, Wallace Town at Yarra Valley will deploy solar and battery technology to enable to community to operate off-grid and at more stable electricity prices.
Energy
As the community develops, Wallace Town at Yarra Valley will deploy solar and battery technology to enable to community to operate off-grid and at more stable electricity prices.
Know someone who might also be interested?
Refer them to gain benefits and rewards when they sign up to become a resident, just ensure they mention the same email address you use to register.
Know someone who might also be interested?
Refer them to gain benefits and rewards when they sign up to become a resident, just ensure they mention the same email address you use to register.
The Future
Wallace Town at Yarra Valley intends to create a community hub that will include wellness and other amenities in the future.
About Wallace Towns
Wallace Towns are communities designed to make the decision of having a family easier.
Our unique model of hybrid ownership and vertical integration of food and energy production gives young people the opportunity to control their cost of living and owning their own home.