Wallace, VIC
By Lauren McCaleb · Reviewed by Dylan Duncan ·
Around the national middle
Wallace is more socio-economically advantaged than about 57% of the 14,462 Australian suburbs we score, based on the ABS SEIFA index (raw score 999, where about 1000 is the national average).
A socio-economic measure from ABS Census data — not a measure of how good a suburb is to live in or visit. How we calculate this.
Wallace at a glance
- Population (2021)
- 227
- Median age
- 42
- Median weekly household income
- $1,791
- SEIFA score
- 999
- Coordinates
- -37.5631, 144.0525
Wallace demographics (2021 Census)
The figures below profile Wallace using the Australian Bureau of Statistics 2021 Census; every percentage is a share of a clearly stated Census count, so each one traces back to the source. At a glance, the largest age group is mid-life (45–64) at 30%, 15% of homes are rented, and 7% of residents were born overseas.
Age profile
| Age group | People | Share |
|---|---|---|
| Children (0–14) | 43 | 19% |
| Youth (15–24) | 26 | 11% |
| Young adults (25–44) | 45 | 20% |
| Mid-life (45–64) | 68 | 30% |
| Seniors (65+) | 46 | 20% |
Share of the 228 people counted by age.
Housing and households
| Tenure | Dwellings | Share |
|---|---|---|
| Owned outright | 29 | 36% |
| Owned with a mortgage | 34 | 42% |
| Rented | 12 | 15% |
| Dwelling type | Dwellings | Share |
|---|---|---|
| Houses | 76 | 100% |
| Townhouses & semis | 0 | 0% |
| Flats & apartments | 0 | 0% |
Tenure and dwelling shares are of the roughly 76 occupied private dwellings in Wallace.
- Median weekly rent
- $250
- Median monthly mortgage
- $1,757
- Average household size
- 2.7 people
- Median weekly family income
- $2,159
- Median weekly personal income
- $725
Community and culture
- Born overseas
- 13 (7%)
- Speaks a language other than English at home
- 6 (3%)
- Aboriginal and/or Torres Strait Islander
- 0 (0%)
Work and education
- Completed Year 12
- 63 (35%)
- Labour-force participation
- 61%
- Unemployment rate
- 1.8%
- Employed full-time
- 71
- Employed part-time
- 36
Source: ABS Census of Population and Housing, 2021 (General Community Profile, by Suburb and Locality). © Australian Bureau of Statistics, released under CC BY 4.0. How we group bands and derive each share is set out on our methodology page.
Weather and climate in Wallace
Based on 2014–2023 records, the warmest month in Wallace is January (average daytime high around 24.4°C) and the coolest is July (around 8.6°C). The area receives roughly 777 mm of rain across the year.
| Month | Avg high | Avg low | Rain |
|---|---|---|---|
| Jan | 24.4°C | 12°C | 53 mm |
| Feb | 22.9°C | 11.3°C | 30 mm |
| Mar | 20.5°C | 10.5°C | 45 mm |
| Apr | 16.3°C | 8.4°C | 62 mm |
| May | 12°C | 6.1°C | 76 mm |
| Jun | 9.4°C | 4.4°C | 73 mm |
| Jul | 8.6°C | 3.5°C | 67 mm |
| Aug | 9.6°C | 3.5°C | 76 mm |
| Sep | 12.4°C | 4.7°C | 78 mm |
| Oct | 16.1°C | 6.3°C | 85 mm |
| Nov | 18.5°C | 7.9°C | 73 mm |
| Dec | 21.6°C | 9.7°C | 59 mm |
Climate normals, 2014–2023 (Open-Meteo, ERA5 reanalysis).
Common questions about Wallace
Where is Wallace?
Wallace is a suburb of Victoria, Australia.
What is the population of Wallace?
At the 2021 Census, Wallace had a population of about 227.
Is Wallace an advantaged area?
Wallace has an ABS SEIFA score of 999, where about 1000 is the national average — higher scores indicate greater relative socio-economic advantage. That gives it a Suburb Score of 57 out of 100 — more socio-economically advantaged than about 57% of Australian suburbs.
What is the weather like in Wallace?
Wallace has average daytime highs of about 16°C and overnight lows of about 7.4°C, with roughly 777 mm of rain across the year (based on 2014–2023 climate normals).
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