Walkervale is a smaller suburb in Queensland within the Bundaberg local government area (postcode 4670). With a population of 2,981, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $60K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, community & personal service, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Walkervale is $462,000, having surged 19.6% over the past year. Units have a median price of $384,000 (+24.7% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 6.2%. The median monthly mortgage repayment is $1,083.
Walkervale is served by 1 school, including 1 primary. The average ICSEA score is 900, which is below the national average of 1,000. The crime rate in the Bundaberg LGA is moderate at 5,052 incidents per 100,000 population.
From an investment perspective, Walkervale offers a gross rental yield of 6.2%, rated as high yield. Property prices sit below the state median ($462K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 7.7x is considered moderate. House prices have moved +19.6% year-on-year.
Walkervale is a smaller suburb in Queensland within the Bundaberg local government area (postcode 4670). With a population of 2,981, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $60K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, community & personal service, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Walkervale is $462,000, having surged 19.6% over the past year. Units have a median price of $384,000 (+24.7% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 6.2%. The median monthly mortgage repayment is $1,083.
Walkervale is served by 1 school, including 1 primary. The average ICSEA score is 900, which is below the national average of 1,000. The crime rate in the Bundaberg LGA is moderate at 5,052 incidents per 100,000 population.
From an investment perspective, Walkervale offers a gross rental yield of 6.2%, rated as high yield. Property prices sit below the state median ($462K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 7.7x is considered moderate. House prices have moved +19.6% year-on-year.