The size of Wallacia is approximately 25.5 square kilometres. It has 8 parks covering nearly 3% of total area. The population of Wallacia in 2011 was 1,700 people. By 2016 the population was 1,611 showing a population decline of 5.2% in the area during that time. The predominant age group in Wallacia is 10-19 years. Households in Wallacia are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wallacia work in a clerical occupation. In 2011, 79.7% of the homes in Wallacia were owner-occupied compared with 76.1% in 2016.
Wallacia has 668 properties. Over the last 5 years, Houses in Wallacia have seen a 19.51% increase in median value, while Units have seen a 26.87% increase. As at 30 September 2024:
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