Walpeup

Walpeup, VIC 3507 is a small suburb with a population of 171 residents. The majority of residents fall within the age groups of 45 to 64 years and 65 years or over. The median household income weekly is $900, and the median rent weekly is $125. The suburb has a mix of occupations, with the top three being Managers, Professionals, and Community and Personal Service Workers. The most common mode of commute is by motor vehicle. Walpeup presents an opportunity for property investors interested in houses. With a low stock on market rate and a high market absorption rate, there is a potential for growth in property prices. The suburb also shows a positive median growth rate, indicating potential for good returns on investment. Homeowners looking to live in Walpeup can benefit from the affordable median household income, although the sale price growth over the past 3 years has shown a decline. Walpeup, VIC 3507 is a small suburb with a stable population and a mix of age groups and occupations. It offers investment potential in the housing market with indicators pointing towards growth opportunities. The suburb provides an affordable living option with a good balance of lifestyle amenities and investment prospects. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022