Copyright Microburbs Pty Ltd 2014-2025. Contact us for licensing
Close
logo
logo
    Sign Up Login
    Blog
    Suburb Finder
    2025 Suburb Reports
    AI Property Finder
    Profiles
    People & Lifestyle
    Crime & Disadvantage
    Real Estate
    Affluence & Economy
    Environment
    Nearby Suburbs
    Wuk Wuk
    Woodglen
    Fernbank
    Glenaladale
    Iguana Creek
    Lindenow
    Lindenow South
    Calulu
    Flaggy Creek
    Hillside (East Gippsland - Vic.)

    Real Estate Market: Is Walpa VIC 3875 a Good Suburb to Buy Into?

    Housing Market in Walpa
    Key Walpa Metrics & Forecast to 2028
    Sample Graphic
    Sources: Property Listings and Microburbs, 2002 - 2023
    Field Value VS Latrobe Trend
    Capital Growth Forecast: Houses
    		Premium Premium Premium
    Capital Growth Forecast: Houses (2-Year Outlook)
    		Premium Premium Premium
    Median yield for houses
    		Premium Premium Premium
    Smart median rent: All houses
    		$482 Bottom 17% 153% to Apr 2025
    Smart median sale price: All houses
    		Premium Premium Premium
    Housing Supply in Walpa
    Walpa Real Estate Investor Report
    Sample Graphic
    The higher the supply score the more supply is on the market, both current and future.
    Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
    Walpa
    33.4%
    Walpa
    33.4%
    Latrobe
    33.6%
    Latrobe
    33.6%
    Compare
    Suburbs
    Field Value VS Latrobe Trend
    Development applications
    		0 Bottom 38% Data for Jun 2025
    Developments
    		0.0 Bottom 10% Data for Jul 2023
    Housing Stock Quality Indicator
    Total new residential buildings value (SA2)
    		Premium Premium Premium
    Days on market: houses
    		Premium Premium Premium
    Days on market: units
    		Premium Premium Premium
    Volume of houses sold in the last 30 days
    		Premium Premium Premium
    Volume of units sold in the last 30 days
    		Premium Premium Premium
    Stock on Market
    		0 Bottom 26% Data for Apr 2025
    Housing Stock Quality in Walpa
    The higher the score, the higher the quality of the houses and units.
    Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
    Field Value VS Latrobe Trend
    Houses
    		100.0% Top 31% Data for Jan 2021
    Average bedrooms - all homes
    		2.4 Bottom 42% 4% to Jan 2021
    NBN connection: fibreoptic cable to node
    		0.0% Bottom 37% Data for Jun 2023
    Development Restrictions in Walpa
    Walpa Zoning Map
    Sample Graphic
    The higher the score, the more easily density can be increased.
    Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
    Walpa
    19.3%
    Walpa
    19.3%
    Latrobe
    30.6%
    Latrobe
    30.6%
    Compare
    Suburbs
    Field Value VS Latrobe Trend
    Total area
    		31.0 sq km Top 30% Data for Jan 2021
    Heritage overlay total area
    		0.0 sq km Bottom 18% Data for Jun 2023
    Residential density
    		823 sqm per resident Bottom 41% Data for Jan 2021
    Risk in Walpa
    Walpa Risk Report
    Sample Graphic
    The higher the score, the more exposed households are to financial stress.
    Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
    Walpa
    34.5
    Walpa
    34.5
    Latrobe
    36.1
    Latrobe
    36.1
    Compare
    Suburbs
    Field Value VS Latrobe Trend
    % Owner Occupied
    		100.0% Top 11% Data for May 2023
    % Rentals
    		0.0% Bottom 11% Data for May 2023
    Housing Affordability Index
    		28 Bottom 35% Data for Jun 2023
    Median monthly mortgage
    		$2,740 Top 15% 87% to May 2023
    Rent Affordability Index (Houses)
    		79 Top 45% Data for Jun 2023
    Rent Affordability Index (Units)
    		75 Bottom 42% Data for Jun 2023
    Mortgage as a percent of income
    		20.5% Bottom 40% 15% to Jan 2021
    Mortgaged Dwellings
    		40.7% Top 43% 5% to May 2023
    Housing Demand in Walpa
    The higher the score, the more demand their is for housing in the area, both current and future.
    Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030
    Walpa
    47.5%
    Walpa
    47.5%
    Latrobe
    55.8%
    Latrobe
    55.8%
    Compare
    Suburbs
    Field Value VS Latrobe Trend
    Net internal migration (LGA)
    		Premium Premium Premium
    Future Population (SA2)
    		9650 Bottom 37% 16% to Dec 2036
    Historical Population (SA3)
    		49300 Bottom 33% 26% to Dec 2023
    Historical population growth
    		Premium Premium Premium
    Population (LGA)
    		51000 Top 26% 31% to Dec 2030
    Population Projection (LGA)
    		Premium Premium Premium
    Auction clearance rate
    		Premium Premium Premium
    Proportion of distressed listings
    		Premium Premium Premium
    Unit Market in Walpa
    Walpa Unit Investor Report
    Sample Graphic
    Sources: Property Listings and Microburbs, 2002 - 2023
    Field Value VS Latrobe Trend
    Median yield for units
    		Premium Premium Premium
    Smart median rent: All units
    		$386 Bottom 14% 152% to Mar 2025
    Smart median sale price: All units
    		Premium Premium Premium
    Unit to house ratio
    		88.4% Top 16% 6% to Apr 2025
    LGA Details (1)
    Percent of Renters by Street (11)
    Recently Sold Houses (21)
    Turnover Rate by Street (9)
    Median House Sale Prices by Street (33)
    Recently Sold Units (100)
    Recent Rental House Listings (100)
    Loading entities ..
    Subscribe to see the map content. See samples:
    Loading Choropleth Data
    Min Max
    Subscribe to see the timeline. See samples:
    Profiles
    People & Lifestyle
    Crime & Disadvantage
    Real Estate
    Affluence & Economy
    Environment
    Nearby Suburbs
    Wuk Wuk
    Woodglen
    Fernbank
    Glenaladale
    Iguana Creek
    Lindenow
    Lindenow South
    Calulu
    Flaggy Creek
    Hillside (East Gippsland - Vic.)