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

Wallan's population, as of November 2025, is approximately 31,632 people. This figure represents a significant increase from the 2021 Census, which reported a population of 22,627 people. The growth of 9,005 people (39.8%) since the census can be inferred from the estimated resident population of 28,416 in June 2024 and an additional 3,328 validated new addresses since then. This results in a population density ratio of 62 persons per square kilometer, indicating ample space per person. Wallan's growth rate of 39.8% 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 was the primary driver of population growth, contributing approximately 71.5% of overall population gains during recent periods.

However, all factors including natural growth and overseas migration also played positive roles. AreaSearch's projections for Wallan are based on ABS/Geoscience Australia figures released in 2024, with a base year of 2022. For areas not covered by this data, AreaSearch uses 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 the years 2032 to 2041. According to these trends, Wallan is predicted to experience exceptional growth, placing it in the top 10 percent of Australian statistical areas. By 2041, the area is expected to grow by 50,909 persons, reflecting a total increase of 150.8% over the 17-year period, based on the latest annual ERP population numbers.

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

Wallan averaged approximately 853 new dwelling approvals per year over the past five financial years, totalling 4,269 homes. As of FY-26213 approvals have been recorded. On average, Wallan sees about 1.9 new residents per year for each dwelling constructed between FY-21 and FY-25, indicating a balanced supply and demand in the housing market. The average construction cost value for new properties is $361,000, which is below regional norms, suggesting more affordable housing options.

This financial year, Wallan has seen $18.7 million in commercial development approvals, demonstrating moderate levels of commercial growth. Compared to Greater Melbourne, Wallan has 160.0% more new home approvals per person, providing buyers with ample choice and indicating strong developer confidence in the location. The majority of new building activity consists of detached dwellings (94.0%) with townhouses or apartments making up the remainder (6.0%), maintaining Wallan's traditional low-density character focused on family homes. With around 33 people per dwelling approval, Wallan exhibits characteristics of a growth area. According to AreaSearch's latest quarterly estimate, Wallan is expected to grow by approximately 47,692 residents through to 2041.

Building activity appears to be keeping pace with these growth projections, though increased competition among buyers may arise as the population expands.

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

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 62 projects that may impact this region. Notable projects include Beveridge North West Precinct Structure Plan, Wallara Waters, Wallan Junction, and Darraweit Road Upgrade. 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 performance in Wallan has been broadly consistent with national averages

Wallan has a skilled workforce with the construction sector being notably prominent. The unemployment rate was 4.3% in the past year, with an estimated employment growth of 2.1%.

As of June 2025, 14,545 residents were employed, while the unemployment rate was 0.3% lower than Greater Melbourne's rate of 4.6%. Workforce participation was 68.2%, compared to Greater Melbourne's 64.1%. The leading employment industries among residents are construction, health care & social assistance, and manufacturing. Wallan shows strong specialization in construction, with an employment share 1.7 times the regional level.

However, professional & technical services were under-represented, at 4.1% compared to Greater Melbourne's 10.1%. Employment opportunities locally appeared limited based on Census data analysis. Between June 2024 and June 2025, employment levels increased by 2.1%, while the labour force grew by 1.4%, reducing the unemployment rate by 0.7 percentage points. In contrast, Greater Melbourne had employment growth of 3.5% and a labour force growth of 4.0%, with an increase in unemployment rate by 0.5 percentage points. State-level data from Nov-25 shows Victoria's employment grew by 1.13% year-on-year, adding 41,950 jobs, with the state unemployment rate at 4.7%. Nationally, employment growth was 0.14%, and the unemployment rate was 4.3%. Jobs and Skills Australia's national employment forecasts from May-25 suggest national employment will expand by 6.6% over five years and 13.7% over ten years. Applying these projections to Wallan's employment mix, local employment is estimated to increase by 6.1% over five years and 12.7% over ten years.

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

AreaSearch's latest postcode level ATO data for financial year 2022 shows Wallan SA2 had a median taxpayer income of $55,041 and an average of $63,635. This is slightly below national averages. Greater Melbourne had a median of $54,892 and an average of $73,761 in the same period. Based on Wage Price Index growth of 12.16% since financial year 2022, estimated incomes for September 2025 would be approximately $61,734 (median) and $71,373 (average). Census data indicates Wallan's household, family, and personal incomes cluster around the 63rd percentile nationally. Income distribution shows that 41.7% of individuals in Wallan earn between $1,500 - 2,999 annually, aligning with broader area trends where this cohort represents 32.8%. Housing costs consume 15.9% of income, but strong earnings place disposable income at the 65th percentile nationally. 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

Wallan's dwelling structures, as per the latest Census, consisted of 94.9% houses and 5.1% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Melbourne metro had 87.2% houses and 12.8% other dwellings. Home ownership in Wallan was at 21.0%, with mortgaged dwellings at 60.2% and rented ones at 18.8%. The median monthly mortgage repayment was $1,800, below Melbourne metro's $1,900. The median weekly rent was $361, compared to Melbourne metro's $371. Nationally, Wallan's mortgage repayments were lower than the Australian average of $1,863, while 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 83.0% of all households, including 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%, consisting of 15.2% lone person households and 1.7% group households. 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 18.4%, significantly lower than Greater Melbourne's average of 37.0%. This disparity presents both a challenge and an opportunity for targeted educational initiatives. Bachelor degrees are the most common, with 12.0% of residents holding such qualifications, followed by postgraduate qualifications (4.1%) and graduate diplomas (2.3%). Trade and technical skills are prevalent, with 41.7% of residents aged 15 and above possessing vocational credentials - advanced diplomas at 12.6% and certificates at 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

Wallan has 47 active public transport stops. These are a mix of train and bus services. There are 18 different routes operating in total, providing 1,118 weekly passenger trips combined.

Transport accessibility is limited, with residents usually located about 657 meters away from the nearest stop. On average, there are 159 trips per day across all routes, which equals roughly 23 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 with prevalence of common health conditions low among its general population but higher than the national average among older, at-risk cohorts.

Approximately 51% of Wallan's total population (~16,195 people) has private health cover, slightly lower than the average for SA2 areas. The most prevalent medical conditions are asthma and mental health issues, affecting 9.1 and 8.2% of residents respectively. However, 71.4% of residents declare themselves completely clear of medical ailments compared to 74.0% across Greater Melbourne. Wallan has a lower proportion of seniors aged 65 and over at 9.6%, with 3,036 people in this age group compared to 13.2% in Greater Melbourne. 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 showed above-average cultural diversity, with 19.9% born overseas and 18.9% speaking a language other than English at home. Christianity was the predominant religion in Wallan, comprising 45.0%. However, the 'Other' religious category was overrepresented at 5.3%, compared to Greater Melbourne's 4.4%.

In terms of ancestry, Australian was highest at 26.7%, followed by English at 24.5% and Other at 10.7%. Notably, Maltese were overrepresented at 2.2%, Macedonian at 0.9%, while Italian was underrepresented at 5.5%.

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 percentage of residents aged 5-14 (16.1%) but fewer residents aged 75-84 (2.8%). According to data from the 2021 Census, the age group of 35 to 44 years has increased from 15.5% to 18.1% of Wallan's population. Conversely, the age group of 45 to 54 years has decreased from 12.3% to 11.3%. Demographic modeling indicates that Wallan's age profile will change significantly by 2041. The 35 to 44 age cohort is projected to grow by 144%, adding 8,225 residents to reach a total of 13,951.