Mount Wallace, VIC 3342

The median house price in Mount Wallace, VIC 3342 is $729k as of June 2026. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.

The median weekly house rent in Mount Wallace is $223 as of June 2026. Current vacancy pressure is shown in the supply section above.

A 3 bedroom house in Mount Wallace rents for a median $223 per week as of June 2026. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.

Gross rental yield in Mount Wallace is 1.68% for houses as of June 2026, compared with the VIC unit median of 3.93%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.

As of June 2026 in Mount Wallace, gross rental yield is 1.68% against a VIC median of 2.81%, houses take a median 51 days to sell, sales supply is 2.1 months (very tight). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.

Houses in Mount Wallace sell in a median 51 days on market as of June 2026. Days on market have tightened by 31 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.

Mount Wallace's sales market sits at 2.1 months of supply for houses as of June 2026 — classified as Very Tight against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose.

Mount Wallace's median house price ($729k) is 9% above the VIC median ($670k) as of June 2026. On selling speed, houses clear in 51 days vs 21 days state median. On gross yield, Mount Wallace sits at 1.68% vs 2.81% state median.

The most-transacted segment in Mount Wallace over the 12 months to June 2026 is 2 bed houses with 1 sale. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.

Mount Wallace recorded 1 house sale and 0 unit sales over the 12 months to June 2026 — a combined 1 transaction. On the rental side, 1 house and 0 units were leased. Segments with statistically thin samples are excluded from displayed figures.

Mount Wallace is in postcode 3342, in the Ballarat region of VIC. Addresses there are written as Mount Wallace, VIC 3342.

Mount Wallace, VIC 3342 is home to 63 residents (ABS Census 2021). The median resident age is 41, and the average household holds 2.0 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.

The median household in Mount Wallace earns $1k per week — roughly $66k a year (ABS Census 2021). Median personal income runs $491/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.

The unemployment rate in Mount Wallace is 50.0% (ABS Census 2021). The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.

Mount Wallace is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.

Mount Wallace has 10 schools within reach — including Ballan Primary School, St Brigid's School, Mount Egerton Primary School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).

Mount Wallace, VIC 3342 has a population of 63, a median age of 41, a median household income around $1k/week, 50% of households renting (ABS Census 2021). There are 10 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.

This Mount Wallace market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.