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Walloon, QLD 4306

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental MarketStrong Growth

Median House

$875,000

market range $825K-$1M

Median Unit

$560,000

Gross Yield (houses)

3.8%

1yr Growth (houses)

+21.3%

market range +12.5% to +25.0%

Investment snapshot for Walloon

Walloon has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Walloon market and investor summary

Walloon (QLD 4306) runs a median house price of $875K, with houses yielding a gross 3.8%. House prices have moved +21.3% over the past year. At 1.7% vacancy, it is a tight rental market that favours landlords.

For an investor, the rent-to-price profile sits mid-range: a gross house yield near 3.8% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 1.7% and a resident base that is not shrinking.

Living in Walloon: people, income and schools

Walloon has a resident population of roughly 2,305, and the area has been growing steadily, up about 44% over five years. The median age is 35, broadly working-age, and families account for 79% of households.

Households here earn a median of about $94,000 a year, or roughly $1,820 a week. On socio-economic measures it ranks comfortably above the national middle (7 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 9.3 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 18% over five years, which tends to underpin what local buyers can pay.

There are 4 schools within about 5km, testing a little above the national school average on ICSEA. It is roughly 38 km from the CBD. It is fairly car-dependent; the suburb scores 17 for walkability and 23 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
2,305
+44% over 5yr
Median age
35 years
Median household income
$94,000/yr
Households renting
29%
Family households
79%
Socio-economic rank
7/10
ABS advantage index
Schools within 5km
4
avg ICSEA 1052
Unemployment
2.7%
Distance to CBD
38 km
Walk score
17/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Walloon

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Frequently asked questions about Walloon

What should I check before investing in Walloon?

Walloon has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.9% gives a usable rent-to-price starting point. Capital growth of +21.3% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Walloon?

The median property price in Walloon, QLD 4306 is $875K for houses and $560K for units.

What rental yield does Walloon show?

The gross rental yield in Walloon is 3.8% for houses and 4.9% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Walloon?

House prices in Walloon are up 21.3% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Walloon?

The current vacancy rate in Walloon is 1.7%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Walloon?

Walloon has a population of approximately 2,305 residents, with a median age of 35.

What schools are near Walloon?

There are 4 schools within roughly 5km of Walloon. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Walloon affordable to buy in?

A median house in Walloon costs about 9.3 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Walloon's population growing?

The population of Walloon has grown about 44% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Walloon from the CBD?

Walloon is about 38 km from the CBD.

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