Question 1

Is Waldara a nice place to live?

Accepted Answer

Waldara is a small rural locality in north-east Victoria defined by broad farmland, stands of native eucalypt and a scatter of farmhouses and lifestyle blocks. Life here is low-density and country in character, with single-storey homes, sheds and paddocks rather than suburban streetscapes. People living in Waldara are typically farmers, families and others seeking space and a quieter pace; routine shopping, schools and health services are accessed in nearby regional towns, and travel is predominantly by car along local country roads.

The community numbers 677 people with a median age of 47, and homes are overwhelmingly owner-occupied (about 97% of dwellings). Typical household income is $2,456 a week. Council activity in the area includes roadside and drainage works, a community pathway project and investigation of a shared-path extension toward Waldara. If you want rural space, outdoor activity and an owner-occupied neighbourhood, Waldara shows that profile; whether it suits you comes down to what you want from where you live.

Question 2

Is it expensive to live in Waldara?

Accepted Answer

There haven't been enough recent sales or rentals in Waldara to publish reliable house, unit or rent figures. Without current price or rent data, it's not possible to say how expensive it is to live in Waldara compared with the typical local household income recorded at the most recent Census, which was $2,456 a week.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Waldara a good place to invest?

Accepted Answer

House values in Waldara have risen strongly over the past 12 months, with the median house value up 23.9%. For someone weighing Waldara as an investment, that figure represents the capital growth experienced by houses over the year; whether that suits your goals depends on your own objectives and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	23.9%	N/A
Sold Past 3 months	2	N/A
Median days on market Past 12 months	73	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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