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Walmer, VIC 3463
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$405,000
market range $400K-$1.0M
Median Unit
$440,000
Gross Yield (houses)
7.2%
1yr Growth (houses)
+1.4%
market range -47.5% to +15.0%
Investment snapshot for Walmer
Walmer has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Walmer market and investor summary
Walmer (VIC 3463) runs a median house price of $405K, with houses yielding a gross 7.2%. House prices have moved +1.4% over the past year. At 2.0% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price maths here leans toward cashflow: a gross house yield near 7.2% does more of the early heavy lifting than capital growth usually would at this price point. Rental demand looks steady, with vacancy at 2.0% and a resident base that is not shrinking. Houses also take time to sell, around 111 days on market, so plan for a slower exit if you ever need one.
Living in Walmer: people, income and schools
Walmer is home to around 262 people, and the area has been growing steadily, up about 7% over five years. The median age is 54, an older, established demographic, and 93% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $75,000 a year, or roughly $1,450 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (5 out of 10). At current prices a median house runs to roughly 5.4 times local household income, leaving more headroom than most capital-city markets. Incomes have risen about 27% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 262
- +7% over 5yr
- Median age
- 54 years
- Median household income
- $75,000/yr
- Households renting
- 3%
- Family households
- 68%
- Socio-economic rank
- 5/10
- ABS advantage index
- Unemployment
- 2.9%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Walmer
View all →Frequently asked questions about Walmer
What should I check before investing in Walmer?
Walmer has enough public data for first-pass screening across yield, vacancy, price and supply signals. Strong house gross rental yield of 7.2%, before expenses, tax and loan costs. Tight rental market (2.0% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Walmer?
The median property price in Walmer, VIC 3463 is $405K for houses and $440K for units.
What rental yield does Walmer show?
The gross rental yield in Walmer is 7.2% for houses and 3.1% 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 Walmer?
House prices in Walmer are up 1.4% 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 Walmer?
The current vacancy rate in Walmer is 2.0%. 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 Walmer?
Walmer has a population of approximately 262 residents, with a median age of 54.
Is Walmer affordable to buy in?
A median house in Walmer costs about 5.4 times the median local household income (more affordable than most capital-city markets). 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 Walmer's population growing?
The population of Walmer has grown about 7% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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