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Sales Activity
Curious about local property values? Filter the chart to assess the volume and appreciation (including resales) trends and regional comparisons, or scroll to the map below view this information at an individual property level.
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Population
Walcha has shown very soft population growth performance across periods assessed by AreaSearch
Walcha's population, as of November 2025, is approximately 3,177 people. This figure represents an increase of 33 individuals since the 2021 Census, which reported a population of 3,144 people. This growth can be inferred from the estimated resident population of 3,140 in June 2024 and an additional 16 validated new addresses since the Census date. The population density is around 0.50 persons per square kilometer. Walcha's 1.0% growth rate since the census is within 2.3 percentage points of the SA3 area's 3.3%, indicating competitive growth fundamentals. Overseas migration was the primary driver of this population growth.
AreaSearch uses ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, NSW State Government's SA2 level projections are used, released in 2022 with a base year of 2021. Growth rates by age group from these aggregations are applied to all areas for years 2032 to 2041. According to these projections, the area's population is expected to decline by 164 persons by 2041, while the 5 to 14 age group is projected to expand by 65 people.
Frequently Asked Questions - Population
Development
The level of residential development activity in Walcha is very low in comparison to the average area assessed nationally by AreaSearch
Walcha has averaged approximately eight new dwelling approvals annually over the past five financial years, totalling 41 homes. As of FY26 so far, one approval has been recorded. The population has declined in recent years, indicating that new supply may have kept pace with demand, providing good choice for buyers. New dwellings are developed at an average expected construction cost value of $366,000.
In the current financial year, there have been $1.3 million in commercial approvals, reflecting the area's residential nature. Compared to the Rest of NSW, Walcha has around two-thirds the rate of new dwelling approvals per person and ranks among the 30th percentile nationally, resulting in relatively constrained buyer choice and supporting interest in existing homes. This level is below average nationally, suggesting possible planning constraints and reflecting the area's maturity. New building activity shows 86.0% standalone homes and 14.0% townhouses or apartments, maintaining Walcha's traditional low density character with a focus on family homes appealing to those seeking space.
The estimated population per dwelling approval is 718 people, indicating a quiet, low activity development environment. With the population expected to remain stable or decline, Walcha should see reduced pressure on housing, potentially creating opportunities for buyers.
Frequently Asked Questions - Development
Infrastructure
Walcha has emerging levels of nearby infrastructure activity, ranking in the 23rdth percentile nationally
AreaSearch has identified 13 projects that could impact the area's performance. Key projects include Skye Ridge Wind Farm, Walcha Drought Security Project, Sewerage Network Upgrade, Winterbourne Wind Farm, and Thunderbolt Energy Hub (Thunderbolt Wind Farm). The following list details those most likely to be relevant.
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INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
New England Renewable Energy Zone (REZ)
Australia's largest declared Renewable Energy Zone with a network capacity of 8 GW. Supports large-scale wind, solar, storage and emerging energy projects backed by new transmission infrastructure. Expected to attract approximately A$24 billion in private investment and create around 6,000 construction jobs and 2,000 ongoing operational jobs across the New England region.
Oven Mountain Pumped Hydro Energy Storage Project
A 600 MW / 7,200 MWh (12-hour) off-river pumped hydro energy storage project located near Oven Mountain, east of Armidale in the New England region of NSW. Acts as a giant water battery by pumping water 720 m uphill between two purpose-built reservoirs and generating electricity on demand via reversible turbines. Project received NSW State Significant Infrastructure approval (SSI-21203096) in June 2025 and is progressing toward Final Investment Decision in 2026, with construction targeted to start 2027 and completion by 2031-32.
New England REZ Transmission Project
Critical transmission infrastructure for the New England Renewable Energy Zone (REZ) in NSW, including new 500 kV and 330 kV lines, energy hubs and enabling works to connect REZ generation to the state grid in the Upper Hunter/Hunter Valley. The project is progressing environmental studies and route refinement, with a scoping report lodged and field investigations ongoing. EnergyCo has commenced procurement for a network operator; EIS preparation continues with public exhibition targeted during 2025.
Thunderbolt Energy Hub - Stage Two
Stage Two of Neoen's Thunderbolt Energy Hub is a proposed expansion south-east of the New England Highway near Kentucky in the New England REZ. Earlier materials indicate a 150 MW wind component (about 25 turbines) and the previously mooted 120 MW solar farm was withdrawn in 2022. Stage 2 is planned as a separate project following Stage 1 approval, with details to be lodged via a future development application.
Thunderbolt Energy Hub (Thunderbolt Wind Farm)
Neoen's Thunderbolt Energy Hub Stage 1 (Thunderbolt Wind Farm) is an approved wind farm with up to 32 turbines in the New England REZ near Kentucky and Bendemeer, NSW. Approved by the IPC on 8 May 2024 (SSD-10807896). The approved wind component has a capacity of approximately 192-230 MW. Earlier solar farm concepts were withdrawn in 2022; a future battery remains possible as part of the broader Energy Hub vision. Construction typically 18-24 months once commenced.
Bendemeer Renewable Energy Hub
A co-located renewable energy hub by Athena Energy comprising a 257 MW DC (about 200 MW AC) solar farm with a 150 MW / 300 MWh battery, plus a proposed 360 MW wind farm. The solar EIS Response to Submissions has been lodged and is under assessment, with design amendments following community feedback. The wind component is progressing on a separate approval pathway within the New England REZ.
Hills of Gold Wind Farm
A 372 MW wind farm (62 turbines) with a 100 MW / 400 MWh battery energy storage system proposed near Nundle, NSW. NSW Independent Planning Commission granted development consent on 9 September 2024 subject to conditions, and the project received federal EPBC approval on 6 March 2025. A merits appeal in the NSW Land and Environment Court remains on foot; community group Hills of Gold Preservation Inc has withdrawn, with Tamworth Regional Council continuing the appeal. Construction timing will depend on the outcome of proceedings and subsequent approvals and contracts.
New England Highway - Willow Tree to Uralla Safety Upgrade
Safety upgrades on the New England Highway between Willow Tree and Uralla as part of the Saving Lives on Country Roads program, including wider shoulders, wide centreline treatment, drainage upgrades, road rehabilitation, surface improvements, overtaking lanes, intersection upgrades, and shoulder sealing. Aims to improve safety by reducing run-off-road and head-on crashes, enhancing road safety and freight connectivity between Sydney and Brisbane.
Employment
AreaSearch analysis of employment trends sees Walcha performing better than 90% of local markets assessed across Australia
Walcha has a skilled labor force with diverse sector representation. Its unemployment rate was 1.2% in June 2025, lower than the Rest of NSW's 3.7%.
Employment growth over the past year was estimated at 4.5%. As of June 2025, 1,820 residents were employed, with workforce participation at 56.4%, matching the Rest of NSW average. Key industries include agriculture, forestry & fishing, health care & social assistance, and education & training. Agriculture, forestry & fishing employs 7.9 times the regional average, while health care & social assistance employs 9.3% of local workers, below the Rest of NSW's 16.9%.
Many residents commute elsewhere for work based on Census data analysis. Over the 12 months to June 2025, employment increased by 4.5%, and labor force grew by 3.9%, reducing the unemployment rate by 0.6 percentage points. In contrast, Rest of NSW had an employment decline of 0.1% and a labor force growth of 0.3%, with a rise in unemployment rate by 0.4 percentage points. National employment forecasts from Jobs and Skills Australia (May 2025) project national growth at 6.6% over five years and 13.7% over ten years, but industry-specific projections suggest Walcha's employment mix may grow by approximately 4.8% over five years and 10.9% over ten years.
Frequently Asked Questions - Employment
Income
The area's income levels rank in the lower 15% nationally based on AreaSearch comparative data
Walcha's median income among taxpayers was $43,135 in financial year 2022. The average income stood at $54,430 during the same period. These figures are lower than those of Rest of NSW, which had a median income of $49,459 and an average income of $62,998. Based on Wage Price Index growth of 12.61% since financial year 2022, estimated incomes for September 2025 would be approximately $48,574 (median) and $61,294 (average). According to the 2021 Census, household, family, and personal incomes in Walcha fall between the 14th and 25th percentiles nationally. The earnings profile shows that 28.6% of the community earns between $1,500 - 2,999, which aligns with metropolitan regions where this cohort also represents approximately 30%. Housing costs are modest, with 91.4% of income retained. However, total disposable income ranks at just the 22nd percentile nationally, and the area's SEIFA income ranking places it in the 4th decile.
Frequently Asked Questions - Income
Housing
Walcha is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership
In Walcha, as per the latest Census evaluation, 95.7% of dwellings were houses, with the remaining 4.2% being other types such as semi-detached homes, apartments, and 'other' dwellings. This contrasts with Non-Metro NSW's figures of 87.1% houses and 12.9% other dwellings. Home ownership in Walcha stood at 53.1%, with mortgaged properties at 25.1% and rented ones at 21.7%. The median monthly mortgage repayment was $1,056, lower than Non-Metro NSW's average of $1,408. The median weekly rent in Walcha was $200, compared to Non-Metro NSW's $280. Nationally, Walcha's mortgage repayments were significantly lower at $1,056 versus Australia's average of $1,863, and rents were substantially below the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Walcha features high concentrations of lone person households, with a lower-than-average median household size
Family households constitute 68.6% of all households, including 22.9% couples with children, 38.7% couples without children, and 5.8% single parent families. Non-family households comprise the remaining 31.4%, with lone person households at 30.2% and group households making up 1.5% of the total. The median household size is 2.2 people, which is smaller than the Rest of NSW average of 2.3.
Frequently Asked Questions - Households
Local Schools & Education
Walcha faces educational challenges, with performance metrics placing it in the bottom quartile of areas assessed nationally
The area's university qualification rate is 16.8%, significantly lower than the NSW average of 32.2%. Bachelor degrees are most common at 12.8%, followed by postgraduate qualifications (2.4%) and graduate diplomas (1.6%). Vocational credentials are prevalent, with 41.4% of residents aged 15+ holding them, including advanced diplomas (10.8%) and certificates (30.6%). Educational participation is high at 27.2%, comprising primary education (10.9%), secondary education (7.8%), and tertiary education (2.7%).
Walcha's five schools have a combined enrollment of 373 students, with four being primary schools and one a K-12 school. The area has 11.7 school places per 100 residents, below the regional average of 15.7. Some students may attend schools in neighboring areas due to varied educational conditions across Walcha.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Walcha has 244 active public transport stops. These are a mix of train and bus services. There are 22 routes in total, providing 872 weekly passenger trips combined.
The average distance from residents to the nearest stop is 143 meters. On average, there are 124 trips per day across all routes, equating to roughly three trips per week per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Health performance in Walcha is well below average with prevalence of common health conditions notable across both younger and older age cohorts
Walcha faces significant health challenges, with common conditions prevalent across both younger and older age groups. Private health cover is low at approximately 47%, covering around 1,499 people, compared to the national average of 55.3%.
The most frequent medical conditions are arthritis (affecting 12.0% of residents) and asthma (7.9%), while 63.3% report no medical ailments, compared to 65.5% in Rest of NSW. Walcha has a higher proportion of seniors aged 65 and over at 30.5%, or 969 people, compared to the 20.2% in Rest of NSW. Health outcomes among seniors are above average, exceeding those of the general population.
Frequently Asked Questions - Health
Cultural Diversity
The latest Census data sees Walcha placing among the least culturally diverse areas in the country when compared across a range of language and cultural background related metrics
Walcha, surveyed between June 2016 and August 2017, had a culturally homogeneous population: 88.6% were citizens, 93.9% were born in Australia, and 98.0% spoke English at home. Christianity was the dominant religion, practiced by 69.6%, compared to 55.0% regionally. Ancestry wise, Australian (34.3%) and English (31.4%) were predominant, higher than regional averages of 29.0% and 28.4% respectively.
Scottish ancestry was also notable at 9.7%. Some ethnic groups showed significant differences: New Zealanders were overrepresented at 1.0%, Australian Aboriginals were lower at 4.6% (vs 5.7%), while Irish ancestry was slightly higher at 9.4%.
Frequently Asked Questions - Diversity
Age
Walcha ranks among the oldest 10% of areas nationwide
Walcha has a median age of 49, which is higher than the Rest of NSW figure of 43 and well above Australia's median age of 38. Compared to the Rest of NSW average, the cohort aged 65-74 is notably over-represented in Walcha at 16.1%, while those aged 25-34 are under-represented at 8.0%. This concentration of the 65-74 age group is well above the national figure of 9.4%. Between 2021 and present, the 0 to 4 age group has grown from 5.5% to 6.9%, while the 35 to 44 cohort increased from 8.5% to 9.5%. Conversely, the 55 to 64 cohort has declined from 15.6% to 13.7%, and the 45 to 54 group dropped from 11.9% to 10.4%. Looking ahead to 2041, demographic projections reveal significant shifts in Walcha's age structure. The 5 to 14 age cohort is projected to experience strong growth, expanding by 62 people (18%) from 354 to 417. In contrast, population declines are projected for the 0 to 4 and 25 to 34 cohorts.