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

Based on AreaSearch's analysis, Wallan's population is around 31,504 as of Feb 2026. This reflects an increase of 8,877 people (39.2%) since the 2021 Census, which reported a population of 22,627 people. The change is inferred from the estimated resident population of 28,416 from the ABS as of June 2024 and an additional 3,426 validated new addresses since the Census date. This population level equates to a density ratio of 62 persons per square kilometer, providing ample space per person. Wallan's 39.2% growth since the 2021 census exceeded the national average (9.9%) and the state average, marking it as a growth leader in the region. Population growth for the area was primarily driven by interstate migration, which contributed approximately 71.5% 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, as released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data, AreaSearch is utilizing 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 from these aggregations are also applied across all areas for years 2032 to 2041. Regarding demographic trends, exceptional growth, placing in the top 10 percent of Australian statistical areas, is predicted over the period, with the area expected to grow by 50,909 persons by 2041 based on the latest annual ERP population numbers, reflecting an increase of 151.8% 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 averaged around 853 new dwelling approvals per year, totalling 4,269 homes over the past 5 financial years. So far in FY-26368 approvals have been recorded. Given an average of 1.9 new residents per year per dwelling constructed over the past 5 financial years (between FY-21 and FY-25), supply and demand appear well-balanced, creating stable market conditions, while new properties are constructed at an average value of $269,000—below regional norms—reflecting more affordable housing options for purchasers. Additionally, $18.7 million in commercial development approvals have been recorded this financial year, demonstrating moderate levels of commercial development.

Compared to Greater Melbourne, Wallan has 160.0% more new home approvals (per person), which should provide buyers with ample choice. This activity is substantially higher than nationally, suggesting strong developer confidence in the location. New building activity shows 94.0% detached dwellings and 6.0% townhouses or apartments, maintaining the area's traditional low density character with a focus on family homes appealing to those seeking space. With around 33 people per dwelling approval, Wallan shows characteristics of a growth area.

Looking ahead, Wallan is expected to grow by 47,820 residents through to 2041 (from the latest AreaSearch quarterly estimate). Building activity is keeping pace with growth projections, though buyers may experience heightened competition as the population grows.

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

Nothing can influence an area's performance as much as changes to local infrastructure, major projects, and planning initiatives. In total 62 projects have been identified by AreaSearch that are likely to have an impact on the area. Key projects include the Beveridge North West Precinct Structure Plan, Wallan Junction, Wallara Waters, and the Darraweit Road Upgrade, with the list below detailing those likely to be of most relevance.

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 possesses a skilled workforce, with the construction sector a particular standout in terms of representation, an unemployment rate of 5.3%, and relative employment stability over the past year. As of December 2025, 15,361 residents are in work while the unemployment rate is 0.6% above Greater Melbourne's rate of 4.8%, and workforce participation is fairly standard (75.6% compared to Greater Melbourne's 71.3%). Based on Census responses, a moderate 17.9% of residents were found to work from home, though Covid-19 lockdown impacts should be considered.

Leading employment industries among residents comprise construction, health care & social assistance, and manufacturing. The area shows particularly strong specialization in construction, with an employment share of 1.7 times the regional level. On the other hand, professional & technical services are under-represented, with only 4.1% of Wallan's workforce compared to 10.1% in Greater Melbourne. The area appears to offer limited employment opportunities locally, as indicated by the count of the Census working population versus the resident population.

Based on AreaSearch analysis of SALM and ABS data, during the year to December 2025, employment levels increased by 0.5% and the labour force increased by 1.6%, causing the unemployment rate to rise by 1.1 percentage points. In contrast, Greater Melbourne experienced employment growth of 2.4% and labour force growth of 2.8%, with a 0.3 percentage point rise. Jobs and Skills Australia's national employment forecasts from May-25 can offer further insight into potential future demand within Wallan. These projections, covering five and ten-year periods, have been mapped against the local employment profile to estimate growth patterns. While national employment is forecast to expand by 6.6% over five years and 13.7% over ten years, growth rates differ significantly between industry sectors. Applying these industry-specific projections to Wallan's employment mix suggests local employment should increase by 6.1% over five years and 12.7% over ten years (please note this is a simple weighting extrapolation for illustrative purposes and does not take into account localised population projections).

Income analysis reveals strong economic positioning, with the area outperforming 60% of locations assessed nationally by AreaSearch

As per AreaSearch's latest postcode level ATO data released for FY-23, the Wallan SA2's median income among taxpayers is $57,613, with an average of $65,520. This is slightly lower than the national average, and compares to Greater Melbourne's median of $57,688 and average of $75,164. Based on Wage Price Index growth of 8.25% since FY-23, current estimates would be approximately $62,366 (median) and $70,925 (average) as of September 2025. Census data reveals household, family and personal incomes in Wallan cluster around the 63rd percentile nationally. Distribution data shows the $1,500 - 2,999 earnings band captures 41.7% of the community (13,137 individuals), aligning with the broader area where this cohort likewise represents 32.8%. High housing costs consume 15.9% of income, though strong earnings still place disposable income at the 65th percentile and the area's SEIFA income ranking places it in the 5th decile.

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

Dwelling structure within Wallan, as evaluated at the latest Census, comprised 94.9% houses and 5.1% other dwellings (semi-detached, apartments, 'other' dwellings), in comparison to Melbourne metro's 67.9% houses and 32.1% other dwellings. Meanwhile, the level of home ownership within Wallan lagged that of Melbourne metro, at 21.0%, with the remainder of dwellings either mortgaged (60.2%) or rented (18.8%). The median monthly mortgage repayment in the area was below the Melbourne metro average at $1,800, while the median weekly rent figure was recorded at $361, compared to Melbourne metro's $2,000 and $390. Nationally, Wallan's mortgage repayments are lower than the Australian average of $1,863, while rents are less than the national figure of $375.

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

Family households dominate at 83.0% of all households, comprising 45.0% couples with children, 24.7% couples without children, and 12.5% single parent families. Non-family households make up the remaining 17.0%, with lone person households at 15.2% and group households comprising 1.7% of the total. The median household size of 3.0 people is 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 faces educational challenges, with university qualification rates (18.4%) substantially below the Greater Melbourne average of 37.0%. This represents both a challenge and an opportunity for targeted educational initiatives. Bachelor degrees lead at 12.0%, followed by postgraduate qualifications (4.1%) and graduate diplomas (2.3%). Trade and technical skills feature prominently, with 41.7% of residents aged 15+ holding vocational credentials, including advanced diplomas (12.6%) and certificates (29.1%).

Educational participation is notably high, with 32.0% of residents currently enrolled in formal education. This includes 12.7% in primary education, 7.8% in secondary education, and 3.3% pursuing tertiary education.

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

Public transport analysis reveals 47 active transport stops operating within Wallan, comprising a mix of trains and buses. These stops are serviced by 9 individual routes, collectively providing 742 weekly passenger trips. Transport accessibility is rated as limited, with residents typically located 661 meters from the nearest transport stop. As a primarily residential area, most residents commute outward; the car remains the dominant mode at 94%. Vehicle ownership averages 1.9 per dwelling, which is above the regional average. Some 17.9% of residents work from home (2021 Census; may reflect COVID-19 conditions).

Service frequency averages 106 trips per day across all routes, equating to approximately 15 weekly trips per individual stop.

The level of general health in Wallan is notably higher than the national average with prevalence of common health conditions low among the general population though higher than the nation's average across older, at risk cohorts

Wallan demonstrates above-average health outcomes, based on AreaSearch's assessment of mortality rates and chronic condition prevalence. The prevalence of common health conditions is low among the general population, though higher than the national average across older, at-risk cohorts. The rate of private health cover slightly lags that of the average SA2 area at approximately 52% of the total population (~16,350 people), compared to 56.7% across Greater Melbourne.

The most common medical conditions in the area are asthma and mental health issues, impacting 9.1% and 8.2% of residents, respectively, while 71.4% declared themselves as completely clear of medical ailments compared to 72.6% across Greater Melbourne. Health outcomes among the working-age population are broadly typical. The area has 9.9% of residents aged 65 and over (3,115 people), which is lower than the 15.1% in Greater Melbourne. Health outcomes among seniors present some challenges, though they rank lower nationally 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 was found to be above average in terms of cultural diversity, with 19.9% of its population born overseas and 18.9% speaking a language other than English at home. The main religion in Wallan is Christianity, which makes up 45.0% of people in Wallan. However, the most apparent overrepresentation was in Other, which comprises 5.3% of the population, compared to 2.3% across Greater Melbourne.

In terms of ancestry (country of birth of parents), the top three represented groups in Wallan are Australian, comprising 26.7% of the population, which is substantially higher than the regional average of 18.4%, English, comprising 24.5% of the population, and Other, comprising 10.7% of the population. Additionally, there are notable divergences in the representation of certain other ethnic groups: Maltese is notably overrepresented at 2.2% of Wallan (vs 1.1% regionally), Macedonian at 0.9% (vs 0.7%) and Italian at 5.5% (vs 5.2%).

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

At 32 years, Wallan's median age is materially younger than the Greater Melbourne average of 37 and significantly lower than the 38-year national average. Relative to Greater Melbourne, Wallan has a higher concentration of 5 - 14 residents (16.1%) but fewer 75 - 84 year-olds (2.9%). Post-2021 Census data shows the 35 to 44 age group has grown from 15.5% to 18.5% of the population. Conversely, the 25 to 34 cohort has declined from 16.5% to 15.0% and the 55 to 64 group dropped from 10.3% to 9.3%. Demographic modeling suggests Wallan's age profile will evolve significantly by 2041. The 35 to 44 cohort shows the strongest projected growth at 139%, adding 8,125 residents to reach 13,951.