The size of Wallacedale is approximately 48.8 square kilometres. The population of Wallacedale in 2011 was 418 people. By 2016 the population was 135 showing a population decline of 67.7% in the area during that time. The predominant age group in Wallacedale is 10-19 years. Households in Wallacedale are primarily couples with children and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Wallacedale work in a managers occupation. In 2011, 82.2% of the homes in Wallacedale were owner-occupied compared with 60.5% in 2016..
Wallacedale has 79 properties. Over the last 5 years, Houses in Wallacedale have seen a 23.10% increase in median value, while Units have seen a 2.45% increase. As at 30 November 2024:
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