Wallace, VIC 3352

Corangamite Shire CouncilAll suburbs in postcode 3352

Updated

Median house price

Verified median pending

We don't yet have a verified suburb-level median for this market. We're working on a data partner; in the meantime, treat the state-level figures as a guide only. How we source data.

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Rent in Wallace

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What to know about Wallace

Wallace (3352) sits in the Corangamite region of Victoria.

Wallace has roughly 227 residents, with a typical family-age mix. Households are predominantly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.

What it’s like to live here

Wallace scores 0/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.

Summer days here average around 25°C (mild), winter mornings around 3°C (cold). Annual rainfall lands at about 820 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).

Schooling within or near the suburb covers 3 government primary, 2 Catholic.

Schools in Wallace

Schools serving Wallace: government first, then Catholic and independent.

Government schools

Bungaree Primary School

Prep-6Co-edGovernment
Catchment

Gordon Primary School

Prep-6Co-edGovernment
Catchment

Mount Egerton Primary School

Prep-5Co-edGovernment
Catchment

© ACARA, licensed under CC BY 4.0.

Location

Walkability

Walk
0/100
Transit
0/100
Bike
0/100

Very car dependent. Scores out of 100, calculated from OpenStreetMap data (ODbL).

Walkability data as of May 2026· OpenStreetMap

Demographics

The 2021 Census put Wallace's population at 227, with a median age of 42. That sits as a typical family-age mix. Households are predominantly owner-occupied (83% own, 16% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (68% family households, 24% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.

Population
227
Median age
42
Family households
68%
Lone person
24%
Owner occupied
83%
Renter occupied
16%

Demographics data as of May 2026· ABS 2021 Census

Crime and safety

12 offences recorded in 2026

Top offence categories
B Property and deception offences11 (91.7%)
A Crimes against the person1 (8.3%)

Source: State Police Open Data

Crime data as of December 2026

Weather year-round

Annual rainfall
820 mm
Hottest month, avg max
24.8°C
Coldest month, avg min
3.0°C
Rainfall by month
J
F
M
A
M
J
J
A
S
O
N
D

Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.

Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations

Questions about Wallace

What is the Wallace postcode?
Wallace is in the 3352 postcode, in VIC, in the Corangamite Shire Council region.
Where is Wallace?
Wallace is a suburb in the Corangamite Shire Council area, VIC 3352.
What schools are in Wallace?
There are 5 schools serving Wallace on this page, including St Patrick's School, Bungaree Primary School, Gordon Primary School.
How walkable is Wallace?
Wallace has a Walk Score of 0 out of 100, highly car-dependent. transit score 0, bike score 0.
What suburbs are near Wallace?
Wallace is close to Springbank, Claretown, Bungaree, Bolwarrah, Gordon.
What is the population of Wallace?
The population of Wallace is approximately 227 (2021 Census). The median age is 42.

Selling in Wallace? Get the free selling guide

What selling costs, how agents price homes, what to ask them and a 12-week plan to settlement, personalised to Wallace. A free PDF, in about a minute.

Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data

How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.