Walker Flat, located in the picturesque Mid Murray region of South Australia, is a charming riverside community known for its serene natural beauty and relaxed lifestyle. The housing market here is characterized by a mix of holiday homes, permanent residences, and investment properties, making it appealing to a variety of buyers. Due to its location along the banks of the mighty Murray River, properties often boast stunning water views, adding significant appeal. The market tends to be more affordable compared to bustling urban centers, attracting retirees, families seeking a peaceful environment, and those looking for a holiday retreat. Recent trends indicate a steady interest in Walker Flat real estate, fueled by the area's charm and the growing appeal of regional living.
Living in Walker Flat offers a tranquil rural lifestyle, with outdoor activities and natural attractions right at your doorstep. Residents enjoy a close-knit community atmosphere, with a blend of local events and activities that promote camaraderie and relaxation. The river itself is a central feature of life in Walker Flat, providing opportunities for boating, fishing, and waterside picnics. Nature lovers relish the region's wildlife and pristine landscapes, which encourage hiking, birdwatching, and photography. While the area is relatively quiet, essential amenities and services are accessible in nearby towns, ensuring a balance between peaceful seclusion and necessary conveniences. Overall, Walker Flat offers a idyllic lifestyle for those who appreciate nature and community living in a picturesque setting.
Median Weekly Rent | $157.67 |
Median Monthly Mortgage | $878.67 |
Median Persons Per bed houseroom | 0.70 |
Average Household Size | 2.00 |
Average Age | 60.00 |
Average Income | $474.67 |
Average Cars Per Dwelling | 2.00 |
Average Properties Within 50M | 3 |
Typical 1 bed house | $158,000 |
Typical 2 bed house | $422,000 |
Typical 3 bed house | $515,000 |
Typical 4 bed house | $759,000 |
Typical 5 bed house | $1,293,000 |
Housing Stock
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Thinking about buying in Walker Flat? Now could not be a better time, with just 374 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $597,000 with prices in this suburb ranging from $90,000 to $1,475,000. The aproximate distance to the coast is 81 Km.
In Walker Flat there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Walker Flat is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Walker Flat leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Walker Flat necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Walker Flat 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 Valuation4884 Angas Valley Road, Walker Flat, SA, 5238 | 3 | 2 | 5 | $795,000 - $850,000 |
None within suburb boundary
(While the above schools are located with the suburb of Walker Flat 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 | 0.4 | 14.4 | 30.8 | 26.6 | 84.6 | 5.4 | 27.0 |
Feb | 1.2 | 14.2 | 29.1 | 31.7 | 87.3 | 5.0 | 22.0 |
Mar | 0.4 | 11.9 | 27.0 | 31.6 | 89.4 | 4.5 | 18.4 |
Apr | 0.8 | 9.5 | 23.4 | 36.5 | 90.2 | 4.0 | 13.9 |
May | 1.2 | 7.1 | 19.2 | 45.3 | 92.6 | 3.9 | 10.2 |
Jun | 1.1 | 5.0 | 16.3 | 51.7 | 95.0 | 3.8 | 8.8 |
Jul | 1.4 | 4.9 | 16.0 | 52.7 | 94.3 | 4.5 | 9.2 |
Aug | 1.2 | 4.4 | 16.6 | 45.7 | 94.0 | 4.5 | 12.0 |
Sept | 1.1 | 5.9 | 20.7 | 35.1 | 93.4 | 4.7 | 16.7 |
Oct | 0.7 | 7.7 | 23.8 | 30.1 | 90.6 | 4.7 | 21.2 |
Nov | 0.6 | 9.9 | 26.2 | 26.1 | 87.7 | 5.1 | 25.1 |
Dec | 0.9 | 12.8 | 28.8 | 26.7 | 85.0 | 5.4 | 27.5 |
source: Australian Government Bureau of Meteorology
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