Walpa, a tranquil locality in East Gippsland, Victoria, presents an interesting housing market characterized by a blend of rural charm and affordability. The region primarily features sprawling properties, often set against the backdrop of lush greenery and open spaces. This makes it an attractive option for those seeking a peaceful rural lifestyle without the cost burdens seen in metropolitan areas. The housing market in Walpa is relatively stable, with moderate demand driven by families and retirees looking for a quieter environment. Properties in the area generally offer generous land sizes, which is perfect for those interested in farming, gardening, or simply desiring more space. Despite being a rural area, property prices in Walpa are considerably lower compared to urban centers, offering buyers more value for their money.
Living in Walpa provides residents with a serene and community-oriented lifestyle. The area is ideal for those who appreciate nature and the outdoors, with numerous opportunities for activities such as hiking, fishing, and bird watching. The close-knit community spirit is palpable, as residents often come together for local events and initiatives. While Walpa is quite remote, it is not far from Bairnsdale, a larger town that offers more extensive amenities, including shopping centers, schools, and healthcare facilities. This balance allows residents to enjoy the serenity of rural life while still having convenient access to necessary services. Overall, Walpa delivers a peaceful living environment rich in natural beauty and community warmth, making it a cherished home for those who value a quiet, simple lifestyle.
Median Weekly Rent | $255.00 |
Median Monthly Mortgage | $1181.00 |
Median Persons Per bed houseroom | 0.70 |
Average Household Size | 2.00 |
Average Age | 44.00 |
Average Income | $701.00 |
Average Cars Per Dwelling | 1.94 |
Average Properties Within 50M | 1 |
Typical 1 bed house | |
Typical 2 bed house | $399,000 |
Typical 3 bed house | $454,000 |
Typical 4 bed house | $696,000 |
Housing Stock
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Thinking about buying in Walpa? Now could not be a better time, with just 128 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $471,000 with prices in this suburb ranging from $196,000 to $696,000. The aproximate distance to the coast is 30 Km.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Walpa due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Walpa changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Walpa to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Walpa the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Instant Property ValuationLindenow South Primary School
Lindenow Primary School
(While the above schools are located with the suburb of Walpa there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.4 | 13.6 | 26.7 | 44.4 | 92.8 | 4.2 | 23.5 |
Feb | 1.5 | 13.7 | 26.0 | 48.5 | 94.6 | 4.2 | 19.9 |
Mar | 1.8 | 12.1 | 24.2 | 48.6 | 94.7 | 3.9 | 15.8 |
Apr | 1.8 | 9.3 | 21.0 | 51.2 | 95.2 | 3.5 | 12.4 |
May | 1.2 | 6.4 | 17.8 | 53.0 | 93.6 | 3.8 | 9.1 |
Jun | 1.7 | 4.3 | 15.0 | 58.0 | 94.4 | 3.6 | 7.7 |
Jul | 1.3 | 4.3 | 15.1 | 52.9 | 92.3 | 4.0 | 8.2 |
Aug | 1.3 | 4.6 | 15.9 | 49.1 | 92.5 | 4.3 | 10.6 |
Sept | 1.4 | 6.0 | 18.6 | 45.8 | 93.5 | 4.5 | 15.0 |
Oct | 2.1 | 8 | 20.5 | 48.5 | 93.9 | 4.2 | 19.2 |
Nov | 2.3 | 10.1 | 22.6 | 47.0 | 94.0 | 4.3 | 22.4 |
Dec | 2.1 | 12.1 | 24.9 | 44.8 | 93.6 | 4.4 | 25.0 |
source: Australian Government Bureau of Meteorology
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