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 suburb of Wallan's population is estimated at around 18,226 as of February 2026. This reflects an increase of 3,222 people since the 2021 Census, which reported a population of 15,004. The change is inferred from AreaSearch's estimate of Wallan's resident population at 16,010 following examination of ABS's latest ERP data release in June 2024 and an additional 983 validated new addresses since the Census date. This level of population equates to a density ratio of 261 persons per square kilometer. Wallan's growth rate of 21.5% since the 2021 census exceeded both national (9.9%) and state averages, marking it as a growth leader in the region. Population growth was primarily driven by interstate migration contributing approximately 71.0% of overall population gains during recent periods, although all drivers including natural growth and overseas migration were positive factors.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch utilises the VIC State Government's Regional/LGA projections released in 2023 with adjustments made employing 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 at population projections moving forward, exceptional growth is predicted over the period with the suburb expected to increase by 18,644 persons to 2041 based on aggregated SA2-level projections, reflecting an increase of 90.1% in total 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

Wallan has recorded approximately 281 residential properties granted approval annually over the past five financial years, totalling an estimated 1,405 homes. As of FY-26125 approvals have been recorded. On average, each home built between FY-21 and FY-25 accommodates around 3.9 new residents per year. This demand exceeds supply, typically leading to price growth and increased buyer competition.

The average construction value for new homes is $361,000. In the current financial year, there have been $6.4 million in commercial approvals, reflecting Wallan's primarily residential nature. Compared to Greater Melbourne, Wallan has somewhat elevated construction levels, with 31.0% above the regional average per person over the five-year period. This supports buyer choice and existing property values, indicating strong developer confidence in the area.

Recent construction comprises 95.0% standalone homes and 5.0% medium to high-density housing, maintaining Wallan's traditional low density character favoured by families seeking space. With around 57 people per approval, Wallan is a developing area. By 2041, Wallan is projected to grow by approximately 16,428 residents, with building activity keeping pace with growth projections despite potential heightened competition among buyers as the population increases.

Wallan has strong levels of nearby infrastructure activity, ranking in the top 30% nationally

Changes in local infrastructure significantly affect an area's performance. AreaSearch has identified 16 projects that could impact the region. Notable ones are Darraweit Road Upgrade, Wallan Junction, Wallan Town Heart, and Wallara Waters. The following details these potentially relevant projects.

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 with the construction sector prominent. Its unemployment rate was 5.6% in December 2025, 0.9% higher than Greater Melbourne's rate of 4.8%. Workforce participation was high at 88.1%, compared to Greater Melbourne's 71.3%.

According to Census responses, 17.4% of residents worked from home. Employment is concentrated in construction, health care & social assistance, and manufacturing. Construction employment is particularly strong, with a share 1.6 times the regional level. However, professional & technical employment is limited at 4.3%, compared to the regional average of 10.1%.

Local employment opportunities may be limited, as indicated by the working population vs resident population count. Between December 2024 and December 2025, employment increased by 0.5% while labour force grew by 1.6%, resulting in a unemployment rise of 1.1 percentage points. In contrast, Greater Melbourne experienced employment growth of 2.4% and labour force growth of 2.8%, with a smaller unemployment increase of 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 suggest that Wallan's employment should increase by 6.1% over five years and 12.7% over ten years, based on industry-specific projections applied to Wallan's employment mix.

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 lower median and average incomes compared to national averages. The suburb's median income is $53,891 while the average stands at $62,306. Greater Melbourne, on the other hand, has a median income of $57,688 and an average income of $75,164. Based on Wage Price Index growth of 8.25% since financial year 2023, current estimates for Wallan's median and average incomes are approximately $58,337 and $67,446 respectively as of September 2025. Census data indicates that income levels 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 range, with 7,673 individuals occupying this bracket. This pattern is also seen regionally where 32.8% similarly occupy this income range. High housing costs consume 16.4% of income in Wallan. Despite this, strong earnings place disposable income at the 59th percentile nationally and 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 structure, as per the latest Census, consisted of 92.7% houses and 7.3% other dwellings. In comparison, Melbourne metro had 67.9% houses and 32.1% 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 was $1,733, lower than Melbourne metro's $2,000. Median weekly rent in Wallan was $360, compared to Melbourne metro's $390. Nationally, Wallan's mortgage repayments were lower at $1,733 against the Australian average of $1,863, and rents were less at $360 than the national figure of $375.

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

Family households constitute 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 comprise 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 2.6.

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 at 4.0% and graduate diplomas at 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, including 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 operating within its boundaries. These include a mix of train services. Eight different routes serve these stops, collectively providing 707 weekly passenger trips. Transport accessibility is rated as moderate, with residents typically located 568 meters from the nearest transport stop. As a primarily residential area, most residents commute outward. Car remains the dominant mode of transportation at 93%.

Vehicle ownership averages 1.9 per dwelling, which is above the regional average. According to the 2021 Census, some 17.4% of residents work from home, potentially reflecting COVID-19 conditions. Service frequency averages 101 trips per day across all routes, equating to approximately 20 weekly trips per individual stop.

Health performance in Wallan is lower than average with common health conditions somewhat prevalent across both younger and older age cohorts

Wallan faces significant health challenges based on AreaSearch's assessment. Mortality rates and chronic condition prevalence are high, with common health conditions prevalent across both younger and older age cohorts.

Private health cover is relatively low at approximately 52% of the total population (~9,386 people), compared to 56.7% across Greater Melbourne. The most common medical conditions in the area are asthma and mental health issues, impacting 9.4% and 8.7% of residents respectively. Conversely, 70.2% of residents declare themselves completely clear of medical ailments, compared to 72.6% across Greater Melbourne. Working-age residents show above average prevalence of chronic health conditions. The area has 10.0% of residents aged 65 and over (1,822 people), lower than the 15.1% in Greater Melbourne. Health outcomes among seniors present some challenges, with national rankings broadly in line with the general 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, accounting for 43.9%. Notably, the category 'Other' comprises 5.4%, higher than Greater Melbourne's 2.3%.

Regarding ancestry, Australians make up 26.5%, substantially more than the regional average of 18.4%. English ancestry follows at 24.5% and Other at 10.8%. Some ethnic groups show significant differences: Maltese are overrepresented at 2.2% (compared to 1.1%), Macedonian at 0.8% (vs 0.7%), and Italian at 5.5% (vs 5.2%).

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 the national average of 38 years. Compared to Greater Melbourne, Wallan has a higher proportion of residents aged 5-14 (15.6%) but fewer residents aged 75-84 (2.7%). According to post-2021 Census data, the age group 35-44 has grown from 15.4% to 19.2%, while the 55-64 cohort has declined from 10.2% to 8.4% and the 45-54 group has dropped from 12.1% to 10.4%. Demographic modeling projects significant changes in Wallan's age profile by 2041, with the strongest growth expected in the 35-44 cohort, which is projected to grow by 84%, adding 2,925 residents to reach a total of 6,425.