Walwa

Walwa, VIC 3709 is a small suburb with a population of 191 residents. The age distribution skews towards older demographics, with a significant number of residents aged 45 to 64 and 65 years or over. The median household income is $924 per week, and the most common occupations include Managers, Labourers, and Clerical and Administrative Workers. The suburb has a balanced mix of commuters using motor vehicles, walking, and working from home. For investors interested in houses, Walwa presents a potential opportunity for renovators due to the high Sale Price IQR ratio, which indicates variability in property prices. The suburb has shown strong median growth rates over the past year and the past five years. With a low stock on market rate and a rented ratio above 20%, there may be demand for rental properties, offering opportunities for buy-to-let investors. Walwa, VIC 3709 offers a peaceful lifestyle in a small community. Homeowners looking to reside in the suburb can enjoy a quiet environment with easy access to amenities. Investors focusing on houses should consider the potential for renovation projects and rental yields in the area. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022