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Suburb Insights ยท QLD 4702

Wallaroo 4702, Queensland

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Wallaroo is a coastal suburb in Queensland, Australia, with a population of approximately 13, making it a boutique locality. Located approximately 550 km from the Brisbane CBD, Wallaroo is a coastal area in Queensland. The median household income is $71,448 AUD per year (ABS 2021 Census).

Investment Score

40 / 100 Weak

Wallaroo's income profile suggests a value-oriented market with competitive purchase prices. Seaside positioning attracts both owner-occupiers and holiday rental demand.

Location

Map shows Wallaroo, Queensland, Australia.

Key Indicators

Postcode
4702

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

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Population
13

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

ABS Census Data โ†’
Median Rent (weekly)
N/A

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

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Median Household Income
$71,448/yr

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

ABS Census Data โ†’
Distance to CBD
550 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)
N/A

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

ABS Census Data โ†’
Dwelling Type
50% 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

Coastal lifestyle is a strong draw for Wallaroo, supporting both long-term rental demand and holiday letting potential. Seaside suburbs in Queensland consistently attract interstate migration and lifestyle buyers.

Investment Strategy

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Buy & Hold

A buy-and-hold approach in Wallaroo could work well with careful property selection and a longer time horizon.

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Rental Yield

Achieving strong cash flow in Wallaroo is challenging at current rent-to-price ratios.

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Renovation / Flip

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

Risk Factors

Run the numbers on a Wallaroo property

Full Property Analysis

30-year projections for Wallaroo

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

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Low

Wallaroo is expected to see moderate price growth in 2026 as the broader Queensland market stabilises. The rental market in Wallaroo should see steady occupancy, with moderate upward pressure on rents. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Wallaroo a good suburb for investment?

Wallaroo is a coastal area in Queensland with a population of 13. the median household income is $71,448/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 Wallaroo?

Key demand drivers in Wallaroo include lifestyle appeal and proximity to the coast. 50% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Wallaroo?

According to the ABS 2021 Census, Wallaroo has a population of approximately 13. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Wallaroo from the Brisbane CBD?

Wallaroo is approximately 550 km straight-line distance from the Brisbane 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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