The size of Wallis Lake is approximately 83.3 square kilometres. It has 18 parks covering nearly 13.4% of total area. The population of Wallis Lake in 2006 was 12,697 people. By 2011 the population was 215 showing a population decline of 98.3% in the area during that time. The predominant age group in Wallis Lake is 50-59 years. Households in Wallis Lake are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wallis Lake work in a managers occupation. In 2006, 68.2% of the homes in Wallis Lake were owner-occupied compared with 71.6% in 2011..
Wallis Lake has 80 properties. Over the last 5 years, Houses in Wallis Lake have seen a -5.41% decrease in median value. As at 31 October 2024:
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