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Walbundrie suburb profile

Walbundrie is a quaint rural locality situated in the Riverina region of New South Wales, known for its strong agricultural roots and close-knit community. Positioned approximately 45km northwest of Albury, it offers a serene lifestyle amidst picturesque landscapes. The town is characterized by its historic buildings, local sporting events, and community gatherings that foster a warm, welcoming atmosphere. With its rich farming heritage, Walbundrie serves as a hub for surrounding agricultural activities, making it an ideal spot for those seeking a peaceful rural retreat with a strong sense of community and tradition.

Walbundrie property market performance

The property market in Walbundrie has experienced stagnation over the past 12 months. There has been no change in median house or unit prices, with both remaining at $0. Additionally, there have been no house or unit sales within this period, and the median days on market are also reported as zero, indicating minimal activity in the buying and selling of properties.

The rental market mirrors this inactivity, with the average rent for both houses and units remaining at $0, representing unchanged conditions over the past year. This suggests a lack of movement or demand in the area’s property market.

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Walbundrie demographics

Walbundrie, a small rural locality in New South Wales, offers a tranquil lifestyle amidst the picturesque landscapes of the Riverina region. With a population of just 156, it embodies the charm of close-knit community living. The median age of 42 suggests a mature population, with many residents likely enjoying the peace and quiet that comes with rural life. The area is characterized by a strong sense of community, where families and long-term residents form the backbone of the suburb.

Family structures in Walbundrie are predominantly couple families, with 39.1% having children and 43.5% without. This indicates a balanced mix of young families and older couples who have perhaps seen their children grow up and move on. The presence of one-parent families, making up 17.4% of the population, adds to the diversity of family types in the area. The absence of other family types highlights the traditional family structures prevalent in this rural setting.

Property ownership in Walbundrie is notably high, with 56% of homes owned outright, reflecting a stable and established community. A further 30% of properties are owned with a mortgage, while only 14% are rented, indicating a strong preference for home ownership. This stability is likely appealing to those seeking a permanent residence away from the hustle and bustle of city life. The median household income of $1375 per week aligns with the rural setting, where the cost of living is generally lower than in urban areas. Overall, Walbundrie offers a serene and stable environment, ideal for those looking to enjoy the simplicity and beauty of rural Australia.

Suburbs near Walbundrie

Some popular suburbs near Walbundrie include:

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