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

The Wallan statistical area's population is estimated at 18,031 as of Nov 2025. This reflects an increase of 3,027 people since the 2021 Census, which reported a population of 15,004. The change was inferred from AreaSearch's estimate of 16,010 residents following examination of ABS ERP data (June 2024) and an additional 909 validated new addresses since the Census date. This level of population equates to a density ratio of 259 persons per square kilometer. Wallan's growth since the 2021 census, at 20.2%, exceeded the national average (9.7%). Population growth was primarily driven by interstate migration contributing approximately 71.0% of overall population gains.

AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area released in 2024 with a base year of 2022, and VIC State Government's Regional/LGA projections released in 2023 with adjustments made employing weighted aggregation method for areas not covered by ABS data. Exceptional growth is predicted over the period to 2041, placing Wallan (SA2) in the top 10 percent of national statistical areas. The area is expected to increase by 33,584 persons by 2041 based on aggregated SA2-level projections, reflecting an increase of 190.7% over the 17 years.

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 in Wallan shows approximately 271 residential properties granted approval annually over the past five financial years, totalling an estimated 1,356 homes. In FY-26 so far, 99 approvals have been recorded. On average, 4.1 new residents per year are associated with every home built between FY-21 and FY-25, indicating significant demand exceeding supply. New homes are being constructed at an average cost of $361,000.

This financial year has seen $6.4 million in commercial approvals, reflecting Wallan's primarily residential nature. Compared to Greater Melbourne, Wallan records elevated construction activity, with 23.0% more approvals per person over the past five years, supporting property values and offering good buyer choice. Recent construction comprises 95.0% standalone homes and 5.0% medium and high-density housing, maintaining Wallan's low density character focused on family homes. With around 60 people per approval, Wallan reflects a developing area.

By 2041, AreaSearch estimates Wallan will grow by approximately 34,384 residents. At current development rates, housing supply may struggle to meet population growth, potentially impacting buyer competition and property prices.

Wallan has strong levels of nearby infrastructure activity, ranking in the top 40% nationally

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

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

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Employment conditions in Wallan remain below the national average according to AreaSearch analysis

Wallan has a skilled workforce. Its construction sector is notable with an unemployment rate of 4.8% and estimated employment growth of 1.3% in the past year, according to AreaSearch's statistical area data aggregation.

As of September 2025, 10,006 residents are employed while the unemployment rate is 0.2% higher than Greater Melbourne's rate of 4.7%. Workforce participation is similar to Greater Melbourne at 67.6%. Employment is concentrated in construction, health care & social assistance, and manufacturing. Construction has a particularly strong presence with an employment share 1.6 times the regional level.

Professional & technical services have limited representation at 4.3% compared to the regional 10.1%. The area may offer limited local employment opportunities based on Census working population vs resident population comparison. Over the 12 months to September 2025, employment increased by 1.3% while labour force grew by 1.3%, with unemployment remaining stable. In contrast, Greater Melbourne experienced employment growth of 3.0% and labour force growth of 3.3%. State-level data as of 25-Nov shows VIC employment grew by 1.13% year-on-year, adding 41,950 jobs, with the state unemployment rate at 4.7%, compared to the national rate of 4.3%. Jobs and Skills Australia's national employment forecasts from May-25 suggest potential future demand within Wallan. These projections estimate national employment growth of 6.6% over five years and 13.7% over ten years, with varying rates across industry sectors. Applying these projections to Wallan's employment mix indicates local employment should increase by 6.1% over five years and 12.7% over ten years, though this is a simple weighting extrapolation for illustrative purposes and does not consider localised population projections.

Income levels align closely with national averages, indicating typical economic conditions for Australian communities according to AreaSearch analysis

AreaSearch's latest postcode level ATO data for financial year 2023 shows that Wallan has a lower median income of $53,891 and an average income of $62,306 compared to national averages. In Greater Melbourne, the median income is $57,688 with an average of $75,164. Based on Wage Price Index growth of 8.25% since financial year 2023, current estimates for Wallan would be approximately $58,337 (median) and $67,446 (average) as of September 2025. Census data indicates that incomes in Wallan cluster around the 59th percentile nationally. Income distribution shows that 42.1% of Wallan's population falls within the $1,500 - 2,999 income range, with a similar pattern seen regionally at 32.8%. High housing costs consume 16.4% of income, but strong earnings place disposable income at the 59th percentile nationally. Wallan'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 structure, as per the latest Census, consisted of 92.7% houses and 7.3% other dwellings (semi-detached, apartments, 'other' dwellings), contrasting with Melbourne metro's 87.2% houses and 12.8% other dwellings. Home ownership in Wallan was at 19.2%, with the rest either mortgaged (59.0%) or rented (21.8%). The median monthly mortgage repayment was $1,733, lower than Melbourne metro's $1,900 and Australia's average of $1,863. Median weekly rent in Wallan was $360, less than Melbourne metro's $371 and 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% that are couples with children, 24.0% that are couples without children, and 14.0% that are single parent families. Non-family households make up the remaining 18.0%, with lone person households at 16.1% and group households comprising 1.8% of the total. The median household size is 3.0 people, which is 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%. Bachelor degrees are the most common at 11.6%, followed by postgraduate qualifications (4.0%) and graduate diplomas (2.2%). Vocational credentials are prevalent, with 40.7% of residents aged 15+ holding them, including advanced diplomas (12.3%) and certificates (28.4%). Educational participation is high, with 31.3% of residents currently enrolled in formal education, comprising 12.5% in primary, 7.6% in secondary, and 3.2% in tertiary education.

Educational participation is notably high, with 31.3% of residents currently enrolled in formal education. This includes 12.5% in primary education, 7.6% in secondary education, and 3.2% pursuing tertiary education.

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, offering a mix of train and bus services. These are served by 8 different routes, which together facilitate 707 weekly passenger trips. The accessibility of these services is rated as moderate, with residents on average located 568 meters from the nearest stop.

The service frequency averages 101 trips per day across all routes, equating to approximately 20 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

Health data shows Wallan residents have relatively positive health outcomes with low prevalence of common conditions among the general population.

However, this is higher than the national average for older and at-risk cohorts. Approximately 52% (~9,285 people) have private health cover. The most prevalent medical conditions are asthma (9.4%) and mental health issues (8.7%). 70.2% of residents report no medical ailments, compared to 74.0% in Greater Melbourne. As of 31 December 20XX, 9.6% of Wallan's population is aged 65 and over (1,730 people), lower than Greater Melbourne's 13.2%. Health outcomes among seniors require more attention than the broader population.

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

Wallan's population shows above-average cultural diversity, with 20.4% born overseas and 19.4% speaking a language other than English at home. Christianity is the predominant religion in Wallan, comprising 43.9%. The most significant overrepresentation is in the 'Other' category, which makes up 5.4%, compared to Greater Melbourne's 4.4%.

In terms of ancestry, Australian is the top group, at 26.5% (higher than the regional average of 17.3%), followed by English at 24.5% (also higher than the regional average of 15.5%). The 'Other' category stands at 10.8%, lower than the regional average of 17.4%. Notably, Maltese are overrepresented in Wallan at 2.2% compared to the regional average of 1.5%, while Macedonian is underrepresented at 0.8% (regional average: 4.6%) and Italian is also lower than expected at 5.5% (regional average: 9.6%).

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%). Post-2021 Census data indicates that the age group of 35 to 44 has increased from 15.4% to 18.0%, while the age group of 25 to 34 has decreased from 16.8% to 15.7%. By 2041, demographic modeling suggests that Wallan's age profile will change significantly. The strongest projected growth is in the 35 to 44 age group, with an increase of 183%, adding 5,934 residents to reach a total of 9,180.