Suburb profile · ABS Census 2021
Mount Wallace suburb profile
Mount Wallace, VIC · Postcode 3342
This Mount Wallace suburb profile summarises official Australian Bureau of Statistics Census 2021 data for Mount Wallace, VIC (postcode 3342). Use it as a free suburb report covering population, median rent, household income, age, housing tenure and employment, plus how those figures changed since Census 2016— then compare Mount Wallace with nearby suburbs.
Mount Wallace at a glance
Population
117
Median rent
$275/wk
Household income
$1,600/wk
Median age
46
Mount Wallace trends (2016 → 2021)
Change since the previous Census. Historical figures are mapped from State Suburbs (SSC) to today's suburb boundaries.
Population
Census 2011 → 2016 → 2021
+5.4% over 10 years
Population
117
was 113 in 2016
+4 · +3.5%
Household income
$1,600/wk
was $1,292/wk in 2016
+$308 · +23.8%
Median age
46
was 41 in 2016
+5 · +12.2%
Dig deeper: Mount Wallace population growth · Mount Wallace then and now
Mount Wallace vs nearby & Greater Melbourne
Median Census 2021 figures for Mount Wallace, nearby suburbs (8), and the Melbourne metro median (suburbs with 1,000+ people).
Rent
-29.6% vs area
- Mount Wallace$275/wk
- Nearby$330/wk
- Melbourne$390.5/wk
Household income
-17.4% vs area
- Mount Wallace$1,600/wk
- Nearby$1,937/wk
- Melbourne$1,936.5/wk
Median age
+17.9% vs area
- Mount Wallace46
- Nearby38.5
- Melbourne39
Personal income
-19.4% vs area
- Mount Wallace$680/wk
- Nearby$789.5/wk
- Melbourne$843.5/wk
Nearby uses the same postcode first, then larger suburbs in VIC. See Melbourne rankings.
Socio-economic profile
How Mount Wallace compares to other Australian suburbs on income, education and occupation — from official ABS SEIFA 2021 data.
Mount Wallace sits around the national middle for socio-economic advantage.
Relative disadvantage (IRSD)
Decile 61,029.4
Lower score / decile = more relative disadvantage
Advantage & disadvantage (IRSAD)
Decile 6988.6
Higher score / decile = more relative advantage
Economic resources (IER)
Decile 71,054.1
Access to economic resources (income, housing)
Education & occupation (IEO)
Decile 4956.9
Education and occupational skill levels
Source: ABS SEIFA 2021. See methodology.
Mount Wallace on the map
OpenStreetMap outline for Mount Wallace, VIC.
Map data © OpenStreetMap contributors. Boundary matching is approximate.
Mount Wallace people
- Population
- 117
- Median age
- 46
- Born overseas
- 12%
- Average household size
- 2.7
Total usual residents (Census 2021)
Median age of residents in years
Percentage born outside Australia
Average number of people per household
Mount Wallace income
- Median household income
- $1,600/wk
- Median personal income
- $680/wk
Median total weekly household income
Median total weekly personal income
Mount Wallace housing
- Median rent
- $275/wk
- Median mortgage repayment
- $2,327/mo
- Separate houses
- 78.8%
- Flats & apartments
- 0%
- Owned outright
- 36.5%
- Mortgaged
- 23.1%
- Rented
- 11.5%
- Unoccupied dwellings
- 19.2%
Median weekly rent for rented dwellings
Median monthly mortgage repayment
Percentage of dwellings that are separate houses
Percentage of dwellings that are flats or apartments
Percentage of dwellings owned without a mortgage
Percentage of dwellings with a mortgage
Percentage of dwellings rented
Percentage of private dwellings unoccupied on Census night
Mount Wallace work
- Employment to population
- 56.7%
- Unemployment rate
- 7%
- Year 12 or above
- 31.2%
Employed persons as a percentage of population aged 15+
Unemployed persons as a percentage of the labour force
Percentage with Year 12 or equivalent as highest school level
Nearby suburb profiles (near 3342)
Compare Mount Wallace with nearby suburbs
Mount Wallace in numbers
Mount Wallace had 117 residents at the 2021 Census. The median age is 46, 12% above the typical VIC suburb. The average household has 2.7 people. 12% of residents were born overseas.
Among occupied homes, 36.5% own their home outright, 23.1% are paying a mortgage, 11.5% rent. Separate houses make up 78.8% of dwellings, with 0% in flats or apartments. Median rent was $275/wk, 21% below the typical VIC suburb.
Median household income was $1,600/wk, 10% below the typical VIC suburb. On the ABS SEIFA index of relative socio-economic disadvantage it sits in decile 6 nationally (1 is most disadvantaged, 10 least).
Between the 2016 and 2021 Censuses the population grew 3.5% (from 113 to 117).
Mount Wallace suburb FAQs
- What is the median rent in Mount Wallace, VIC?
- The median weekly rent in Mount Wallace was $275/wk at the 2021 Census (ABS).
- How many people live in Mount Wallace, VIC?
- Mount Wallace had 117 residents at the 2021 Census, up 3.5% from 2016.
- What is the median household income in Mount Wallace?
- Median household income in Mount Wallace was $1,600/wk at the 2021 Census.
- Do most people rent or own in Mount Wallace?
- 11.5% of occupied homes in Mount Wallace were rented, 36.5% were owned outright and 23.1% were owned with a mortgage.
About this Mount Wallace suburb profile
Figures are from the ABS Census of Population and Housing 2021 (General Community Profile) for the Suburbs and Localities boundary matching Mount Wallace. Where shown, 2016 values come from the 2016 State Suburbs (SSC) profile, linked via ABS geographic correspondence — boundaries are not always identical. Medians may be suppressed for very small areas. This is not financial or relocation advice — use it alongside current market data.
Source: ABS Census 2021. Methodology · Richest suburbs in Melbourne