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Suburb Insights ยท NSW 2340

Wallamore 2340, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Wallamore is a regional centre in New South Wales, Australia, with a population of approximately 84, making it a boutique locality. Located approximately 317 km from the Sydney CBD, Wallamore is a regional area in New South Wales. The median household income is $97,500 AUD per year (ABS 2021 Census).

Investment Score

44 / 100 Moderate

Above-average earnings in Wallamore support sustained property values. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Wallamore, New South Wales, Australia.

Key Indicators

Postcode
2340

Official Australia Post postcode for Wallamore. A postcode may cover multiple suburbs.

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Population
84

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$295/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$97,500/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
317 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,167/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
90% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Wallamore serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $295/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $2,167/month. The median household income of $97,500/year reflects a solid demographic, supporting sustainable rental demand. 90% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Wallamore offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

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Rental Yield

Wallamore's rental market is softer โ€” budget for potential vacancy periods.

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Renovation / Flip

The resale market in Wallamore may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Wallamore property

Full Property Analysis

30-year projections for Wallamore

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Price movement in Wallamore is expected to be flat to modest in 2026, reflecting broader regional market conditions. The rental pipeline in Wallamore is thinner โ€” flexible lease terms could help secure tenants faster. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Wallamore a good suburb for investment?

Wallamore is a regional area in New South Wales with a population of 84. The median rent is $295/week and the median household income is $97,500/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Wallamore?

Key demand drivers in Wallamore include regional employment hubs, lifestyle, and affordability. 90% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Wallamore?

According to the ABS 2021 Census, Wallamore has a population of approximately 84. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Wallamore from the Sydney CBD?

Wallamore is approximately 317 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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