Walmer, located in the scenic Mount Alexander Shire in Victoria, offers a tranquil and picturesque setting that is attractive to both families and retirees seeking a peaceful lifestyle. The housing market in Walmer features predominantly rural and semi-rural properties, with an emphasis on spacious land and natural beauty. Homebuyers can find a variety of options ranging from charming country cottages to more expansive rural homesteads. The prices in the area are relatively affordable compared to larger urban centers, making it an appealing option for those who desire more space and a closer connection to nature without breaking the bank. The demand remains moderate, reflecting a balanced market where buyers can expect to find good value properties amid beautiful landscapes.
Living in Walmer provides residents with a serene lifestyle surrounded by the vibrant backdrop of Mount Alexander's rolling hills. Its close proximity to the larger towns of Castlemaine and Bendigo means that while peace and quiet reign supreme in Walmer, essential amenities and services are not far away. The community is tight-knit, characterized by friendly interactions and a strong sense of local pride. Nature enthusiasts revel in the area's ample opportunities for outdoor activities such as hiking, cycling, and bird-watching. With its unique blend of tranquility, natural beauty, and accessible amenities, Walmer offers a comfortable and fulfilling lifestyle for those looking to escape the hustle and bustle of city life while still enjoying the conveniences that nearby towns provide.
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Thinking about buying in Walmer? Now could not be a better time, with just 241 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $920,000 with prices in this suburb ranging from $429,000 to $1,709,000. The aproximate distance to the coast is 106 Km.
In Walmer 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 Walmer 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 Walmer 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Walmer 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 ValuationNone within suburb boundary
(While the above schools are located with the suburb of Walmer 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 | 1.9 | 16.5 | 32.1 | 34.4 | 90.2 | 4.3 | 25.4 |
Feb | 1.9 | 15.9 | 30.7 | 38.6 | 93.3 | 4.2 | 22.2 |
Mar | 3.2 | 14.2 | 27.2 | 46.1 | 95.4 | 3.6 | 17.6 |
Apr | 1.0 | 9.3 | 23.8 | 43.7 | 96.1 | 3.0 | 15.5 |
May | 1.0 | 5.4 | 19.8 | 45.0 | 95.9 | 3.0 | 12.1 |
Jun | 1.4 | 3.9 | 16.2 | 55.4 | 97.7 | 3.1 | 9.4 |
Jul | 1.3 | 2.3 | 15.9 | 49.7 | 95.0 | 3.4 | 10.6 |
Aug | 0.9 | 2.6 | 18.2 | 40.5 | 93.8 | 3.6 | 13.9 |
Sept | 1.1 | 4.9 | 22.4 | 32.5 | 91.5 | 3.7 | 18.8 |
Oct | 1.3 | 8.6 | 25.2 | 34.8 | 91.8 | 3.8 | 22.0 |
Nov | 2.6 | 12.2 | 28.1 | 34.1 | 90.7 | 4.0 | 24.9 |
Dec | 3.5 | 14.9 | 30.1 | 34.3 | 90.3 | 4.2 | 26.3 |
source: Australian Government Bureau of Meteorology
09-08-2023 | $2,000,000 | 178 Wykes Lane |
21-02-2022 | $400,000 | 2166 Renshaw Mcgirr Way |
02-12-2021 | $5,000,000 | 434 Frogleys Road |
20-08-2021 | $455,000 | 621 Eulalie Lane |
20-07-2018 | $1,900,000 | 134 Noonameena Road |
17-07-2018 | $2,150,000 | 434 Frogleys Road |
01-03-2018 | $82,593 | 400 Karoo Lane |
22-02-2017 | $594,590 | 3019 Renshaw Mcgirr Way |
02-11-2016 | $1,940,000 | 332 Bishops Lane |
07-10-2016 | $200,000 | 795 Frogleys Road |
07-09-2016 | $1,642,200 | 61 Nethabar Road |
30-06-2016 | $950,000 | 3155 Renshaw Mcgirr Way |
31-07-2015 | $764,400 | 2399 Renshaw Mcgirr Way |
27-03-2013 | $700,000 | 330 Eulalie Lane |
01-06-2011 | $1,070,000 | 2595 Renshaw Mcgirr Way |
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