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Walmer
VIC, 3463 - Mount Alexander

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.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Average Property Prices

Walmer Real Estate Market Outlook

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.


Local Schools

None 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)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Walmer 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
Jan1.916.532.134.490.24.325.4
Feb1.915.930.738.693.34.222.2
Mar3.214.227.246.195.43.617.6
Apr1.09.323.843.796.13.015.5
May1.05.419.845.095.93.012.1
Jun1.43.916.255.497.73.19.4
Jul1.32.315.949.795.03.410.6
Aug0.92.618.240.593.83.613.9
Sept1.14.922.432.591.53.718.8
Oct1.38.625.234.891.83.822.0
Nov2.612.228.134.190.74.024.9
Dec3.514.930.134.390.34.226.3

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

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 RD
20-08-2021 $455,000 621 EULALIE LANE
20-07-2018 $1,900,000 134 NOONAMEENA RD
17-07-2018 $2,150,000 434 FROGLEYS RD
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 RD
07-09-2016 $1,642,200 61 NETHABAR RD
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

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Ravenswood SouthGowerBarkers CreekMucklefordMaldonHarcourtNuggettyRavenswoodParkins ReefCastlemaine

Public Transport


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