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All About Walkerville, South Gippsland, VIC, 3956

Walkerville, located in South Gippsland, VIC, is a charming coastal village known for its stunning beaches and relaxed lifestyle. The housing market in Walkerville offers a mix of holiday homes, permanent residences, and vacant land for those looking to build their dream home. Properties in this area often reflect the natural beauty surrounding them, with many homes offering picturesque views of the coastline or the lush greenery of Cape Liptrap Coastal Park. While the real estate market here may not be as fast-paced as in the city, there is steady interest from both investors and those seeking a serene retreat from urban life. House prices can vary widely depending on proximity to the beach and property size, yet generally remain more affordable than in larger towns and cities, making Walkerville an attractive option for buyers interested in coastal living.

Living in Walkerville provides residents with a peaceful, laid-back lifestyle punctuated by outdoor activities and natural beauty. The community is small and welcoming, with a close-knit feel that offers a sense of belonging. Given its proximity to spectacular beaches, residents enjoy activities such as swimming, fishing, and beachcombing. The nearby Cape Liptrap Coastal Park provides ample opportunities for hiking and wildlife watching, making it ideal for nature enthusiasts. Although Walkerville is somewhat secluded, essential services and amenities can be found in nearby towns such as Foster and Leongatha. This seclusion, combined with the area's natural allure, makes Walkerville a perfect spot for those looking to escape the hustle and bustle of city life and enjoy the tranquility of a coastal retreat.

Household Makeup

Median Weekly Rent $241.67
Median Monthly Mortgage $1623.33
Median Persons Per bed houseroom 0.70
Average Household Size 2.00
Average Age 54.00
Average Income $736.00
Average Cars Per Dwelling 2.25
Average Properties Within 50M 8
Typical 1 bed house$313,000
Typical 2 bed house$438,000
Typical 3 bed house$607,000
Typical 4 bed house$738,000
Typical 5 bed house$730,000

Housing Stock

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Walkerville Real Estate Market Outlook

Thinking about buying in Walkerville? 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 $634,000 with prices in this suburb ranging from $94,000 to $11,485,000. Walkerville is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. 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 Walkerville 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 Walkerville 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. Lower than average population density constrains growth in Walkerville to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Walkerville 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.

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Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Walkerville 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.

Walkerville 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
Jan1.514.324.149.683.45.023.2
Feb1.214.723.851.083.65.119.6
Mar1.713.322.045.675.45.115
Apr1.710.519.553.287.54.210.5
May2.98.516.952.7823.97.7
Jun3.87.614.669.694.44.56.2
Jul2.86.913.972.395.557.4
Aug2.76.514.368.196.04.910.2
Sept3.08.016.463.295.45.014.1
Oct2.19.518.656.387.55.018.6
Nov2.010.519.46193.25.020.7
Dec2.012.822.452.885.6524.1

source: Australian Government Bureau of Meteorology



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Nearby Suburbs

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