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All About Walpeup, Mildura, VIC, 3507

Walpeup, a small locality in the Mildura region of Victoria, offers a unique and quiet living experience, away from the bustling pace of urban centers. The housing market in Walpeup consists mostly of affordable and spacious single-family homes, making it an attractive option for those seeking a peaceful, rural lifestyle. With relatively low property prices compared to larger cities, it provides an opportunity for first-time homebuyers or retirees looking for a serene environment. The real estate market here is not highly competitive, allowing prospective buyers time to explore options without the pressure of immediate decisions.

Living in Walpeup means being part of a tight-knit community where everyone knows their neighbors. The region boasts beautiful natural surroundings, with wide-open spaces perfect for outdoor activities like hiking and farming. Despite its rural setting, Walpeup offers necessary amenities such as a local store, and it is within reasonable driving distance to Mildura for more extensive shopping and services. The lifestyle here is relaxed and community-oriented, with local events and gatherings often forming the social fabric of daily life. For those looking to escape the hectic city life, Walpeup provides a welcoming and tranquil alternative.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per bed houseroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Local Internet Speeds

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Walpeup Real Estate Market Outlook

Thinking about buying in Walpeup? Now could not be a better time, with just 158 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $241,000 with prices in this suburb ranging from $43,000 to $474,000. The aproximate distance to the coast is 237 Km.

Consistent high demand relative to supply is a key feature in Walpeup driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. 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 Walpeup 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 Walpeup 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Walpeup 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 Valuation

Properties for sale Walpeup

PRD 3-5 Richardson Street, Walpeup, VIC, 3507 Beds Bathrooms $36,000 - $39,600
Properties for sale in Walpeup

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Walpeup there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Walpeup weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan116.534.01966.94.627.9
Feb0.81632.622.672.34.424.7
Mar0.413.929.126.375.53.919.1
Apr1.011.023.934.781.83.514.6
May0.57.919.144.188.83.510.8
Jun0.75.715.554.493.63.59.2
Jul0.65.115.552.891.93.99.8
Aug0.65.217.242.189.43.612.2
Sept0.56.621.429.785.24.017.1
Oct0.79.625.725.079.84.221.6
Nov0.512.629.320.674.14.326.1
Dec1.014.531.519.368.84.528.9

source: Australian Government Bureau of Meteorology




General Points of Interest


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