Wallace Suburb Profile

Victoria 3352

Wallace has 107 properties. Over the last 5 years, Houses in Wallace have seen a 67.27% increase in median value. As at 30 November 2024:

• The median value for Houses in Wallace is $734,123.

The size of Wallace is approximately 11.2 square kilometres. The population of Wallace in 2011 was 359 people. By 2016 the population was 205 showing a population decline of 42.9% in the area during that time. The predominant age group in Wallace is 50-59 years. Households in Wallace are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wallace work in a clerical occupation. In 2011, 89.7% of the homes in Wallace were owner-occupied compared with 80.3% in 2016..