Wallace Postcode
Victoria
Income, rent and SEIFA figures are from the ABS 2021 Census and are reported in 2021 dollars, not adjusted for subsequent inflation.
How Wallace Compares
Wallace vs the VIC average and the national average (2021 Census, population-weighted).
| Metric | Wallace | VIC avg | AU avg |
|---|---|---|---|
| Household income/wk | $1,791 ≈VIC | $1,817 | $1,836 |
| Rent/wk | $250 -VIC | $375 | $390 |
| Mortgage/month | $1,757 ≈VIC | $1,933 | $1,958 |
| Median age | 42 | 46.0 | 45.0 |
| SEIFA decile | 6/10 ≈VIC | 6.0/10 | 6.0/10 |
| Unemployment | 3.6% -VIC | 5.0% | 5.0% |
Green pill = at least 10% above the VIC average; red = at least 10% below; grey = within 10%. For unemployment, colour polarity is inverted: lower is better.
Wallace is a locality 84 km from Melbourne in Victoria, classified as outer regional by the ABS. The postcode is 3352. It falls within the Warrnambool and South West region. The local government area is Moorabool.
According to the 2021 Census, Wallace has a population of 227 with a median age of 42. The median weekly household income is $1,791, close to the VIC average. The unemployment rate is 3.6%, lower than the VIC average.
Housing in Wallace includes a median weekly rent of $250, median monthly mortgage repayment of $1,757, with 76 total dwellings. Housing costs in the area sit below the VIC average. Owner-occupied dwellings (owned or mortgaged) make up 84.0% of housing.
On the SEIFA Index of Relative Socio-economic Advantage and Disadvantage, Wallace scores in decile 6 out of 10, which is around the national average.
Wallace is part of the Colac - Corangamite statistical area in Victoria.
Wallace Details
| Postcode | 3352 |
| State | Victoria (VIC) |
| Phone Area Code | 03 |
| Population (2021) | 227 |
| Median Age | 42 years |
| Median Household Income (Census 2021) | $1,791/week |
| Median Personal Income (Census 2021) | $725/week |
| Median Weekly Rent (Census 2021) | $250 |
| Median Monthly Mortgage (Census 2021) | $1,757 |
| Average Household Size | 2.7 persons |
| Area | 10.5 km² |
| Population Density | 22/km² |
| Total Dwellings | 76 |
| Australian Citizens | 83.7% |
| Unemployment Rate | 3.6% |
| SEIFA IRSAD Decile | 6/10 (average) |
| Latitude | -37.5608219 |
| Longitude | 144.0575587 |
| Distance from Melbourne | 84 km |
| Region (SA4) | Warrnambool and South West |
| Area (SA3) | Colac - Corangamite |
| Local Government | Moorabool |
| Federal Electorate | Ballarat |
Age Profile
Show counts
| 0–14 years | 43 (18.9%) |
| 15–24 years | 26 (11.5%) |
| 25–44 years | 45 (19.8%) |
| 45–64 years | 68 (30.0%) |
| 65+ years | 46 (20.3%) |
Housing Tenure
SEIFA Socio-economic Index
Index of Relative Socio-economic Advantage and Disadvantage (IRSAD), decile 6 of 10. Higher deciles indicate more advantage.
Health Conditions (2021 Census)
| Asthma | 18 (7.9%) |
| Diabetes | 16 (7.0%) |
| Arthritis | 15 (6.6%) |
| Cancer | 8 (3.5%) |
| Lung Condition | 5 (2.2%) |
| Heart Disease | 4 (1.8%) |
Long-term health conditions self-reported in the 2021 Census. Persons may report more than one condition.
Motor Vehicles per Dwelling
| No vehicle | 0 (0.0%) |
| 1 vehicle | 17 (22.4%) |
| 2 vehicles | 23 (30.3%) |
| 3+ vehicles | 36 (47.4%) |
Suburbs Near Wallace
Same Postcode (3352)
More Wallace Data
Page last reviewed . Data sources: Australian Bureau of Statistics 2021 Census (CC BY 4.0), SEIFA 2021 IRSAD, ACARA school profiles 2025. How this data is sourced.