Walkervale
At the bottom decile on all four SEIFA indexes, Walkervale is one of Queensland's most affordable suburban addresses, with a median house price around $328,000 and a household income sitting at only the 21.9th percentile nationally. That affordability draws a stable base: 73.9% of residents stayed put over five years, well above the typical churn of higher-cost markets. The 1.72 km2 footprint holds 2,981 people at a density of 1,735 per km2, and the housing stock is overwhelmingly detached houses (92.6%), making it more suburban in form than many comparably priced QLD addresses. Population growth is minimal at 0.25% annually, and the demographic trajectory is aging, with the senior share up 4.7 points over the decade.
Population
2,981
Median Age
37.0
Household IncomeiMedian weekly household income (ABS Census)
$1,151/wk
DAs (12 months)iDevelopment Applications lodged in the past year
3
Median House
$328K
Estimated from rent (2025)
The median house price is approximately $328,000, well below the Queensland state median for detached homes, making Walkervale one of the more accessible entry points in the Bundaberg region. Monthly mortgage repayments average $1,083, and the mortgage-to-income ratio sits at 21.7%, comfortably below the 30% stress threshold. Separate houses account for 92.6% of dwellings, so buyers have genuine choice in the detached market. The bedroom split skews toward three-bedroom homes at 55.1%, with two-bedroom at 23.9% and four-or-more at 19.7%. Outright owners (33.3%), mortgage holders (33.0%) and renters (33.7%) are distributed almost equally in thirds, suggesting a stable tenure mix rather than a suburb dominated by transient tenants or locked-in long-term owners.
For Buyers
The median house price is approximately $328,000, well below the Queensland state median for detached homes, making Walkervale one of the more accessible entry points in the Bundaberg region. Monthly mortgage repayments average $1,083, and the mortgage-to-income ratio sits at 21.7%, comfortably below the 30% stress threshold. Separate houses account for 92.6% of dwellings, so buyers have genuine choice in the detached market. The bedroom split skews toward three-bedroom homes at 55.1%, with two-bedroom at 23.9% and four-or-more at 19.7%. Outright owners (33.3%), mortgage holders (33.0%) and renters (33.7%) are distributed almost equally in thirds, suggesting a stable tenure mix rather than a suburb dominated by transient tenants or locked-in long-term owners.
For Investors
A renter share of 33.7% and weekly rent of $275 form the baseline for yield calculations against the $328,000 median, implying a gross yield of roughly 4.4%, above typical yields in larger QLD coastal cities. The vacancy rate of 7.8% is elevated and warrants attention, signalling current softness in rental demand relative to supply. Net overseas migration averages 63 per year and net internal migration averages 17, providing modest but consistent demand support. Development activity is thin, with just 1 application lodged in the past 12 months. The gentrification score is 0 and the suburb is classified as not gentrifying, so capital growth expectations should be modest. Rent growth of 14.6% over the measured period shows the rental market has tightened from lower levels, which is a positive signal for landlords who entered early.
Development Activity
Total DAs
3
Last 12 Months
3
YoY ChangeiYear-over-year change in DA lodgements
—
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Schools in Walkervale iICSEA: school advantage index. 1000 = national avg, higher = more advantaged
Walkervale State School
Prep-6 · 350 students
Demographics
The median age of 37 is 3.0 years below the national figure, slightly younger than the aging trajectory would suggest, though the senior share has risen 4.7 points over the decade and the young-adult share has fallen 2.7 points. University qualifications reach only 15.1%, which is 15.0 percentage points below the national average, the clearest marker of the suburb's blue-collar economic base. Overseas-born residents account for 9.3% of the population, 12.3 points below the national figure, making Walkervale one of the more locally born communities in Queensland. Ancestry is strongly Anglo-Celtic: English (1,287), Irish (301) and Scottish (299) are the top three, followed by German (244). The average household size of 2.4 is 0.1 below national. Couples with children form 39.3% of family units and couples without children 25.0%, a relatively family-oriented profile for a suburb of this size.
Age Distribution
Bedrooms
Dwelling Structure
92.6%
Houses
0.8%
Townhouse
6.6%
Apartment
Tenure
Tenure is split evenly across the three categories: 33.3% own outright, 33.0% carry a mortgage and 33.7% rent, an unusual balance that points to neither a high-churn investor market nor an entirely owner-occupied estate. Separate houses dominate at 92.6%, with apartments a minor 6.6% and semi-detached at just 0.8%. The bedroom profile is conventional: 55.1% three-bedroom, 23.9% two-bedroom and 19.7% four-or-more. The median house price of $328,000 is estimated from rental yield data (2025) and should be treated as indicative rather than transaction-confirmed. Mortgage repayments average $1,083 per month, and mortgage-to-income at 21.7% is comfortably below stress levels. Rent-to-income at 23.9% is also manageable, meaning neither buyers nor renters face acute affordability pressure by national standards.
Mortgage / mo
$1,083
Rent / wk
$275
HH Size
2.4
Personal Income / wk
$614
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
7.8%
Unoccupied
98
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
23.9%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
21.7%
Community Profile
Ancestry
Household Composition
25.0%
Couples, no children
2,192
Total families
Economy & Employment
Healthcare dominates local employment at 27.5% (206 workers), a share well above the national average for a suburban area and consistent with Walkervale's location in the Bundaberg service catchment. Education (11.1%, 83 workers) and Construction (10.0%, 75 workers) are the next two sectors, followed by Retail (7.6%) and Manufacturing (7.1%). By occupation, Community and Personal Service workers (208) and Labourers (203) are the two largest groups, which aligns with the SEIFA decile 1 reading on the IEO index for education and occupation advantage. The unemployment rate is 9.8%, higher than the national average, and the participation rate of 53.4% is low, with 895 residents not in the labour force. Personal weekly income averages $614, placing household income at the 21.9th percentile nationally, reflecting the concentration in service and labouring roles rather than professional or managerial work.
Unemployment
5.4%
Labour Force
5,670
Unemployed
305
Quarterly Trend
Source: SALM Dec-25
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
63.0%
Part-time
27.2%
Participation
53.4%
Employed
1,155
Occupations
Top Industries
University
15.1%
Postgraduate
1.5%
Born Overseas
9.3%
Dwellings
1,156
Transport to Work
Car dependency is high: 89.3% of residents drive to work, above the national norm, and walking or cycling accounts for just 2.4% of commutes. The suburb scores decile 1 on IRSAD, the lowest advantage tier nationally, which correlates with fewer local amenity options. The need-assistance rate of 9.6% (268 residents) is notable, indicating a population with above-average care needs, which may partly explain the dominance of healthcare employment locally. Housing stress is absent on both measures: rent-to-income at 23.9% and mortgage-to-income at 21.7% both sit below stress thresholds, a positive contrast to higher-cost suburbs nationally. No schools are recorded within the Walkervale boundary in this dataset, so families rely on schools in adjacent Bundaberg suburbs. Volunteering at 12.6% is moderate. The IER decile of 2 on economic resources reinforces that residents have limited discretionary spending capacity compared to higher-decile suburbs.
Drive
89.3%
Public Transport
N/A
Walk / Cycle
2.4%
Work from Home
N/A
Population Forecast
+0.25%/yr
(+28 people/yr)
EstablishedWalkervale's annual population growth rate is 0.25%, adding roughly 28 people per year. Medium forecasts project the broader statistical area population reaching 11,465 by 2031, from a 2025 base of 11,323, a modest 1.3% cumulative rise over six years. The 10-year population change is essentially flat at negative 0.1%, classifying Walkervale as an established, slow-growth suburb. Net overseas migration of 63 per year and net internal migration of 17 are the primary demand drivers, both contributing positively but at low volumes. Affordability improved from 56.1% in 2011 to 47.3% in 2021, a genuine 8.8-point improvement that reflects faster income growth than price appreciation. The gentrification stage is not gentrifying, consistent with a SEIFA decile 1 suburb where the existing socioeconomic base makes upward compositional change unlikely without external investment or infrastructure change.
Historical + Forecast
Hamilton-Perry + Holt smoothing on ERP 2001-2025
Age Cohort Forecast
Primary Driver
Balanced
Net Overseas / yr
+63
Net Internal / yr
+17
Gentrification Signal
Not gentrifying
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Walkervale compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Walkervale a good suburb to live in?
Walkervale suits buyers and renters seeking low-cost detached housing in the Bundaberg area. It ranks at SEIFA decile 1 on IRSAD and IEO, indicating limited local socioeconomic advantage, but housing stress is absent with mortgage-to-income at 21.7% and rent-to-income at 23.9%. Amenity access depends on neighbouring Bundaberg suburbs, as local services are limited.
What is the median house price in Walkervale?
The median house price is approximately $328,000, estimated from 2025 rental data. Monthly mortgage repayments average $1,083, and the mortgage-to-income ratio is 21.7%, well below the 30% stress threshold. Weekly rent averages $275, implying a gross rental yield of roughly 4.4% against the median price.
What schools are in Walkervale?
No schools are recorded within the Walkervale boundary in this dataset. Families rely on schools in adjacent Bundaberg suburbs. The suburb's university qualification rate of 15.1% is 15.0 points below the national average, reflecting a predominantly trade and service-sector workforce.
Is Walkervale safe?
Crime rate data is not available for Walkervale in this dataset. As an indirect indicator, the suburb scores SEIFA decile 1 on the IRSD index, suggesting higher relative disadvantage compared to most Australian suburbs, which often correlates with elevated crime rates. The need-assistance rate of 9.6% (268 residents) reflects a population with above-average care needs.
Is Walkervale good for property investment?
The gross rental yield is approximately 4.4% based on $275 weekly rent versus the $328,000 median price, higher than typical yields in larger QLD coastal markets. However, the 7.8% vacancy rate is elevated, and the gentrification score of 0 suggests limited capital growth outlook. Rent has grown 14.6% over the measured period, a positive for existing landlords.
How is Walkervale's population changing?
Population growth is 0.25% annually, adding around 28 people per year. The 10-year change is essentially flat at negative 0.1%. The demographic trajectory is aging, with the senior share rising 4.7 points and the young-adult share falling 2.7 points over the decade. Net overseas migration of 63 per year is the primary positive driver.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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