Question 1

Is Walterhall a nice place to live?

Accepted Answer

Walterhall is a small rural locality near Mount Morgan, with rolling farmland, grazing paddocks, pockets of eucalypt bush and the abandoned Walter Hall railway station.

It is an older community of 156 people, with many households owning their homes outright and incomes below the Queensland median. Local services and public transport are limited, so residents use nearby towns for shopping, schools and health care, while country roads and surrounding bushland provide opportunities for outdoor recreation.

Question 2

Is it expensive to live in Walterhall?

Accepted Answer

A typical local household in Walterhall earned about $695 a week at the most recent Census. There haven't been enough recent sales or rentals to publish reliable house or unit prices and rents for Walterhall, so it isn't possible to describe how expensive it is to live there compared with local incomes.

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 Walterhall a good place to invest?

Accepted Answer

Walterhall hasn't had enough recent sales to put reliable figures on how its house or unit prices and rents have moved. Without that information, there isn't a clear picture of how it has performed as an investment.

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	N/A	N/A
Sold Past 3 months	2	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

	Suburb	QLD
Median age years	54	38
Median household income weekly	$695	$1,675
Couples with children share of families	20.0%	41.2%
Couples without children share of families	45.7%	40.3%
One-parent families share of families	34.3%	16.8%
Homes owned outright share of homes	64.9%	30.1%
Homes with a mortgage share of homes	15.8%	35.6%
Homes rented share of homes	19.3%	34.3%

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