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Walkerville North, VIC 3956
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$685,000
Median Unit
$530,000
Gross Yield (houses)
3.0%
1yr Growth
-
Investment snapshot for Walkerville North
Walkerville North has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Walkerville North market and investor summary
Walkerville North (VIC 3956) runs a median house price of $685K, with houses yielding a gross 3.0%. At 17.9% vacancy, it is a softer rental market with more choice for tenants.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.0% will not cover holding costs in the early years, so the case leans on price appreciation. Demand is softer at 17.9% vacancy, so longer gaps between tenants are more likely and worth building into the numbers. Houses also take time to sell, around 98 days on market, so plan for a slower exit if you ever need one.
Living in Walkerville North: people, income and schools
Walkerville North has a resident population of roughly 5, a number that has held fairly steady over five years. The median age is 55, an older, established demographic, and families account for 65% of households.
On socio-economic measures it ranks around the national middle on the ABS advantage index (5 out of 10). Incomes have risen about 28% over five years, which tends to underpin what local buyers can pay.
It is fairly car-dependent; the suburb scores 8 for walkability out of 100.
- Population
- 5
- +4% over 5yr
- Median age
- 55 years
- Households renting
- 13%
- Family households
- 65%
- Socio-economic rank
- 5/10
- ABS advantage index
- Unemployment
- 2.7%
- Walk score
- 8/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Walkerville North
No properties currently listed in Walkerville North
Search Walkerville North listings →Frequently asked questions about Walkerville North
What should I check before investing in Walkerville North?
Walkerville North has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.
What are typical property prices in Walkerville North?
The median property price in Walkerville North, VIC 3956 is $685K for houses and $530K for units.
What rental yield does Walkerville North show?
The gross rental yield in Walkerville North is 3.0% for houses and 2.2% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Walkerville North?
The current vacancy rate in Walkerville North is 17.9%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.
How many people live in Walkerville North?
Walkerville North has a population of approximately 5 residents, with a median age of 55.
Is Walkerville North's population growing?
The population of Walkerville North has grown modestly, about 4% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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