Suburb profile · ABS Census 2021
Wallace suburb profile
Wallace, VIC · Postcode 3352
This Wallace suburb profile summarises official Australian Bureau of Statistics Census 2021 data for Wallace, VIC (postcode 3352). 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 Wallace with nearby suburbs.
Wallace at a glance
Population
227
Median rent
$250/wk
Household income
$1,791/wk
Median age
42
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
+8.6% over 10 years
Population
227
was 187 in 2016
+40 · +21.4%
Median rent
$250/wk
was $249/wk in 2016
+$1 · +0.4%
Household income
$1,791/wk
was $1,728/wk in 2016
+$63 · +3.6%
Median age
42
was 41 in 2016
+1 · +2.4%
Dig deeper: Wallace population growth · Wallace then and now
Wallace vs nearby & Greater Melbourne
Median Census 2021 figures for Wallace, nearby suburbs (8), and the Melbourne metro median (suburbs with 1,000+ people).
Rent
-36% vs area
- Wallace$250/wk
- Nearby$312.5/wk
- Melbourne$390.5/wk
Household income
-7.5% vs area
- Wallace$1,791/wk
- Nearby$1,918.5/wk
- Melbourne$1,936.5/wk
Median age
+7.7% vs area
- Wallace42
- Nearby38.5
- Melbourne39
Personal income
-14% vs area
- Wallace$725/wk
- Nearby$887/wk
- Melbourne$843.5/wk
Nearby uses the same postcode first, then larger suburbs in VIC. See Melbourne rankings.
Socio-economic profile
How Wallace compares to other Australian suburbs on income, education and occupation — from official ABS SEIFA 2021 data.
Wallace sits around the national middle for socio-economic advantage.
Relative disadvantage (IRSD)
Decile 71,037.9
Lower score / decile = more relative disadvantage
Advantage & disadvantage (IRSAD)
Decile 6999.2
Higher score / decile = more relative advantage
Economic resources (IER)
Decile 81,067.1
Access to economic resources (income, housing)
Education & occupation (IEO)
Decile 5959.7
Education and occupational skill levels
Source: ABS SEIFA 2021. See methodology.
Wallace on the map
OpenStreetMap outline for Wallace, VIC.
Map data © OpenStreetMap contributors. Boundary matching is approximate.
Wallace people
- Population
- 227
- Median age
- 42
- Born overseas
- 5.7%
- 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
Wallace income
- Median household income
- $1,791/wk
- Median personal income
- $725/wk
Median total weekly household income
Median total weekly personal income
Wallace housing
- Median rent
- $250/wk
- Median mortgage repayment
- $1,757/mo
- Separate houses
- 97.4%
- Flats & apartments
- 0%
- Owned outright
- 37.2%
- Mortgaged
- 43.6%
- Rented
- 15.4%
- Unoccupied dwellings
- 0%
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
Wallace work
- Employment to population
- 59.9%
- Unemployment rate
- 3.6%
- Year 12 or above
- 35.4%
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 3352)
Compare Wallace with nearby suburbs
Wallace in numbers
Wallace had 227 residents at the 2021 Census. The median age is 42, close to the typical VIC suburb. The average household has 2.7 people. 5.7% of residents were born overseas.
Among occupied homes, 37.2% own their home outright, 43.6% are paying a mortgage, 15.4% rent. Separate houses make up 97.4% of dwellings, with 0% in flats or apartments. Median rent was $250/wk, 29% below the typical VIC suburb.
Median household income was $1,791/wk, close to the typical VIC suburb. On the ABS SEIFA index of relative socio-economic disadvantage it sits in decile 7 nationally (1 is most disadvantaged, 10 least).
Between the 2016 and 2021 Censuses the population grew 21.4% (from 187 to 227). Median rent moved from $249/wk to $250/wk (+0.4%).
Wallace suburb FAQs
- What is the median rent in Wallace, VIC?
- The median weekly rent in Wallace was $250/wk at the 2021 Census (ABS).
- How many people live in Wallace, VIC?
- Wallace had 227 residents at the 2021 Census, up 21.4% from 2016.
- What is the median household income in Wallace?
- Median household income in Wallace was $1,791/wk at the 2021 Census.
- Do most people rent or own in Wallace?
- 15.4% of occupied homes in Wallace were rented, 37.2% were owned outright and 43.6% were owned with a mortgage.
About this Wallace suburb profile
Figures are from the ABS Census of Population and Housing 2021 (General Community Profile) for the Suburbs and Localities boundary matching 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