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Suburb Insights ยท VIC 3875

Walpa 3875, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Walpa is a regional centre in Victoria, Australia, with a population of approximately 157, making it a boutique locality. Located approximately 214 km from the Melbourne CBD, Walpa is a regional area in Victoria. The median household income is $83,200 AUD per year (ABS 2021 Census).

Investment Score

35 / 100 Weak

Walpa has a solid income profile that supports reliable occupancy rates. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Map shows Walpa, Victoria, Australia.

Key Indicators

Postcode
3875

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

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Population
157

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

ABS Census Data โ†’
Median Rent (weekly)
$120/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
$83,200/yr

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

ABS Census Data โ†’
Distance to CBD
214 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)
$1,430/mo

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

ABS Census Data โ†’
Dwelling Type
87% 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, Walpa 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 $120/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,430/month. The median household income of $83,200/year reflects a solid demographic, supporting sustainable rental demand. 87% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Holding property in Walpa over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

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

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Renovation / Flip

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

Risk Factors

Run the numbers on a Walpa property

Full Property Analysis

30-year projections for Walpa

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Walpa faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. Rental demand may be softer โ€” budgeting for vacancy periods is prudent in Walpa's 2026 outlook. Investor sentiment toward Walpa is currently lukewarm โ€” value hunters may find opportunity here.

Frequently Asked Questions

Is Walpa a good suburb for investment?

Walpa is a regional area in Victoria with a population of 157. The median rent is $120/week and the median household income is $83,200/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 Walpa?

Key demand drivers in Walpa include regional employment hubs, lifestyle, and affordability. 87% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Walpa?

According to the ABS 2021 Census, Walpa has a population of approximately 157. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Walpa from the Melbourne CBD?

Walpa is approximately 214 km straight-line distance from the Melbourne 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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