Wallan

Wallan lies within the top 10% of areas nationally in terms of population growth performance according to AreaSearch analysis of short and medium-term trends

As of November 2025, Wallan's population is estimated at around 17,664 people. This figure represents an increase of 2,660 individuals since the 2021 Census, which recorded a population of 15,004. The growth was inferred from AreaSearch's estimation of the resident population at 15,862 in June 2024, based on ABS ERP data, and an additional 909 validated new addresses since the Census date. This results in a population density ratio of 253 persons per square kilometer. Wallan's growth rate of 17.7% since the 2021 census exceeds both the national average (8.9%) and the state average, positioning it as a significant growth leader in the region. Interstate migration contributed approximately 71.0% of overall population gains during recent periods, with natural growth and overseas migration also being positive factors.

AreaSearch's projections for Wallan are based on ABS/Geoscience Australia data released in 2024, using 2022 as the base year. For areas not covered by this data, AreaSearch employs the VIC State Government's Regional/LGA projections from 2023, adjusted using a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Looking ahead, Wallan is projected to experience exceptional growth, placing it in the top 10 percent of national statistical areas. By 2041, the suburb is expected to increase its population by 33,532 persons, reflecting a total increase of 196.4% over the 17-year period, based on aggregated SA2-level projections.

The level of residential development activity in Wallan was found to be higher than 90% of real estate markets across the country

AreaSearch analysis of ABS building approval numbers for Wallan shows around 258 residential properties granted approval annually over the past five financial years, totalling an estimated 1,291 homes. So far in FY-26, 64 approvals have been recorded. On average, 4.3 new residents per year are associated with each home built between FY-21 and FY-25. This indicates a significant demand exceeding supply, which typically leads to price growth and increased buyer competition.

The average construction cost of new homes in Wallan is $361,000, reflecting more affordable housing options compared to regional norms. In this financial year, $3.6 million in commercial approvals have been registered, suggesting limited commercial development focus. Compared to Greater Melbourne, Wallan has slightly more development activity, with 18.0% above the regional average per person over the five-year period. This maintains good buyer choice while supporting existing property values.

Recent construction comprises 94.0% detached dwellings and 6.0% townhouses or apartments, preserving the area's traditional low-density character focused on family homes. The location has approximately 76 people per dwelling approval, indicating an expanding market. According to AreaSearch's latest quarterly estimate, Wallan is forecasted to gain 34,699 residents by 2041. If current construction levels persist, housing supply may lag population growth, potentially intensifying buyer competition and underpinning price growth.

Wallan has very high levels of nearby infrastructure activity, ranking in the top 20% nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch identified 16 projects likely impacting the area. Notable projects are Darraweit Road Upgrade, Wallan Junction, Wallan Town Heart, and Wallara Waters. The following details those most relevant.

Professional plan users can use the search below to filter and access additional projects.

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Wallan has seen below average employment performance when compared to national benchmarks

Wallan has a skilled workforce with notable representation in the construction sector. The unemployment rate was 4.5% as of June 2025, which is 0.1% lower than Greater Melbourne's rate of 4.6%.

Employment growth over the past year was estimated at 2.2%. As of June 2025, 9,487 residents were employed and workforce participation stood at 67.6%, compared to Greater Melbourne's 64.1%. Leading employment industries among residents include construction, health care & social assistance, and manufacturing. Construction employment levels are particularly high, at 1.6 times the regional average.

However, professional & technical services show lower representation at 4.3% versus the regional average of 10.1%. Employment opportunities in Wallan appear limited locally based on Census data comparison between working population and resident population. Between June 2024 and June 2025, employment levels increased by 2.2%, while labour force grew by 1.4%, leading to a fall in unemployment rate of 0.7 percentage points. This contrasts with Greater Melbourne where employment rose by 3.5%, labour force grew by 4.0%, and unemployment rose by 0.5 percentage points. Jobs and Skills Australia's national employment forecasts from Sep-22 suggest potential future demand within Wallan. Over five years, national employment is forecast to expand by 6.6% and over ten years by 13.7%. Applying these projections to Wallan's employment mix suggests local employment should increase by 6.1% over five years and 12.7% over ten years. However, it's important to note that this extrapolation is illustrative and does not account for localized population projections.

The economic profile demonstrates above-average performance, with income metrics exceeding national benchmarks based on AreaSearch comparative assessment

AreaSearch's latest postcode level ATO data for financial year ending June 2022 shows median income in Wallan was $53,891 and average income was $62,306. This is lower than national averages of $54,892 (median) and $73,761 (average) for Greater Melbourne. Based on Wage Price Index growth of 12.16% from financial year ending June 2022 to September 2025, estimated median income in Wallan would be approximately $60,444 and average income would be around $69,882 as of September 2025. According to Census 2021 data, incomes in Wallan cluster around the 59th percentile nationally for household, family, and personal incomes. Income distribution shows that 42.1% of residents earn between $1,500 and $2,999 weekly (7,436 residents), which is similar to the broader area where this cohort represents 32.8%. High housing costs consume 16.4% of income, but strong earnings place disposable income at the 59th percentile nationally. The area's SEIFA income ranking places it in the 4th decile.

Wallan is characterized by a predominantly suburban housing profile, with ownership patterns similar to the broader region

Wallan's dwelling structures, as per the latest Census evaluation, consisted of 92.7% houses and 7.3% other dwellings (semi-detached, apartments, 'other' dwellings). In contrast, Melbourne metro had 87.2% houses and 12.8% other dwellings. Home ownership in Wallan was at 19.2%, with mortgaged dwellings at 59.0% and rented ones at 21.8%. The median monthly mortgage repayment in the area was $1,733, lower than Melbourne metro's $1,900. Weekly rent median figure for Wallan was $360, compared to Melbourne metro's $371. Nationally, Wallan's mortgage repayments were below the Australian average of $1,863, and rents were less than the national figure of $375.

Wallan features high concentrations of family households, with a higher-than-average median household size

Family households account for 82.0% of all households, including 43.2% couples with children, 24.0% couples without children, and 14.0% single parent families. Non-family households constitute the remaining 18.0%, with lone person households at 16.1% and group households comprising 1.8%. The median household size is 3.0 people, larger than the Greater Melbourne average of 2.9.

Educational attainment in Wallan aligns closely with national averages, showing typical qualification patterns and performance metrics

The area's university qualification rate is 17.8%, significantly lower than Greater Melbourne's average of 37.0%. This presents both a challenge and an opportunity for targeted educational initiatives. Bachelor degrees are the most common at 11.6%, followed by postgraduate qualifications (4.0%) and graduate diplomas (2.2%). Vocational credentials are prominent, with 40.7% of residents aged 15+ holding them - advanced diplomas at 12.3% and certificates at 28.4%.

Educational participation is high, with 31.3% of residents currently enrolled in formal education. This includes 12.5% in primary, 7.6% in secondary, and 3.2% in tertiary education. Wallan's four schools have a combined enrollment of 2,313 students, serving distinct age groups with balanced educational opportunities (ICSEA: 989).

Transport servicing is low compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Wallan has 34 active public transport stops, consisting of a mix of train and bus services. These stops are served by 17 individual routes, offering a total of 1,041 weekly passenger trips. The accessibility of these transport services is rated as moderate, with residents on average located 568 meters from the nearest stop.

On average, there are 148 trips per day across all routes, which translates to approximately 30 weekly trips per individual stop.

Wallan's residents are healthier than average in comparison to broader Australia with prevalence of common health conditions quite low among the general population though higher than the nation's average across older, at risk cohorts

Wallan's health data shows a relatively positive picture with low prevalence of common conditions among its general population.

However, this rate is higher than the national average for older and at-risk cohorts. Private health cover stands at approximately 52% of Wallan's total population (~9,096 people), slightly lower than the average SA2 area. The most prevalent medical conditions are asthma (affecting 9.4% of residents) and mental health issues (8.7%). Conversely, 70.2% of residents claim to be completely free from medical ailments, compared to Greater Melbourne's 74.0%. Wallan has 9.6% of its population aged 65 and over (1,695 people), which is lower than Greater Melbourne's 13.2%. Seniors in the area face specific health challenges requiring additional attention.

The level of cultural diversity witnessed in Wallan was found to be above average when compared nationally for a number of language and cultural background related metrics

Wallan's population showed above-average cultural diversity, with 20.4% born overseas and 19.4% speaking languages other than English at home. Christianity was the predominant religion in Wallan, comprising 43.9%. The most notable overrepresentation was in the 'Other' category, making up 5.4% compared to Greater Melbourne's 4.4%.

In terms of ancestry, Australians were the largest group at 26.5%, higher than the regional average of 17.3%. English ancestry followed at 24.5%, above the regional average of 15.5%. 'Other' ancestry was lower at 10.8% compared to 17.4%. Notably, Maltese (2.2%) and Macedonian (0.8%) were overrepresented, while Italian (5.5%) was underrepresented compared to regional averages.

Wallan's young demographic places it in the bottom 15% of areas nationwide

Wallan's median age is 32 years, which is younger than Greater Melbourne's average of 37 and significantly lower than Australia's national average of 38. Compared to Greater Melbourne, Wallan has a higher proportion of residents aged 5-14 (15.9%) but fewer residents aged 75-84 (2.9%). According to data from the 2021 Census, the age group of 35 to 44 years has increased from 15.4% to 18.0% of Wallan's population. Conversely, the age group of 25 to 34 years has decreased from 16.8% to 15.8%. Demographic modeling suggests that by 2041, Wallan's age profile will significantly change. The strongest projected growth is in the 35 to 44 age group, with an increase of 188%, adding 5,988 residents to reach a total of 9,168.