Wallan
VICWallan is a growing suburb in VIC with 15,004 residents.
- SAL code
- 22661
- SA2
- 209041224
- Population
- 15,004
- LGA
- Mitchell
Wallan, VIC had 15,004 residents at the 2021 Census, with the broader statistical area showing a 40.8% growth over the last five years. The predominant age group is 25-34 years, and the median age sits at 33. Households are most often couples with children, and those with a mortgage repay a median of $1,733 a month. Around 76.3% of homes are owner-occupied, with the largest single tenure being owned with a mortgage at 57.5%. Most dwellings are separate houses, making up 92.7% of the suburb's housing stock. The suburb has 45 parks and reserves mapped within its boundary. Source: ABS Census 2021 and Estimated Resident Population, with amenity counts from state Open Data and OpenStreetMap.
Suburb analysis
Wallan, VIC at a glance
Wallan is an outer-north growth-corridor town in Mitchell Shire, ~45 km from the Melbourne CBD along the Hume Freeway. Originally a rural service centre, it has transitioned into a commuter suburb with new estates spreading across former farmland while the older town centre keeps some country character. The data tiles below cover the demographic baseline; this card adds the live market, lifestyle and council pipeline.
For homebuyers
Wallan suits people priced out of the inner-north who still want a train into the city. Most newer stock is 3- and 4-bedroom houses on standard estate lots (Wallara Waters and surrounding releases), while the older town centre keeps a country-town feel. Wellington Square Shopping Centre — Mitchell Shire's first indoor centre, anchored by Woolworths — handles weekly groceries; bigger runs go to Craigieburn Central (~20 min south) or Epping Plaza. Wallan station is on the V/Line Seymour line: hourly services to Southern Cross take ~46 minutes, with the first train at 5:40 am. Wallan Primary, Wallan Secondary College and Hume Anglican Grammar (Wallan-adjacent) cover schooling. In short: an affordable commuter base with a real train and a still-evolving town centre, if you can wear the distance.
For investors
Wallan is a long-hold capital-growth play with a softer recent print. Median house ~$601K with 333 house sales in the past 12 months; median rent ~$460/wk → ~3.36% gross house yield (htag.com.au May 2026). Days-on-market sits around 47-63 depending on segment. Annual house growth -3.99% over the past year (Your Investment Property May 2026), while units (~$450K, 30 sales) ran +3.45%. Vacancy ~2.9% — close to the balanced/high-risk line.
Strengths
- Designated Melbourne growth corridor — population projected to reach ~51,500 by 2046 from ~18,750 in 2025 (Mitchell Shire / VPA).
- Genuine commuter rail — hourly V/Line to Southern Cross in ~46 minutes, all-day timetable.
- Deep transaction market for an outer suburb (~333 house sales/yr) — easy to enter and exit.
- Mitchell Shire is one of Victoria's fastest-growing regional LGAs, supporting long-run land-value tailwinds.
Trade-offs
- House values printed -3.99% over the past 12 months (Your Investment Property May 2026) — recent capital growth has stalled.
- Gross house yield ~3.36% (htag.com.au) is below most outer-Melbourne peers — not a cashflow play.
- Vacancy ~2.9% sits near the balanced-market threshold; meaningful greenfield supply still in pipeline.
- Days-on-market 47-63 — slower to clear than tighter inner-corridor markets.
What's coming
Mitchell Shire's 2025-2026 budget funds finalisation of the revised Wallan Structure Plan plus the Wallan East flood mapping work with Melbourne Water. A new shared user path from King Street along King William Drive to Taylors Creek (with two raised pedestrian crossings) is in delivery, and Wellington Street between Watson and Duke is being upgraded. The Wallan South and Wallan East PSPs continue to seed greenfield lot supply.
Bottom line
For homebuyers: an affordable corridor base with a real train and a town centre still finding its shape. For investors: a long-hold growth-corridor bet, not a yield or short-term capital-growth play.
Population
?15,004
Suburb · Census 2021
5-Year Growth
+40.8%
3yr: +23.1% · 10yr: +93.4%
SA2 · 5yr
Household Income
$1,914/wk
Suburb · Census 2021 median
Median Age
33
Suburb · Census 2021
Socio-Economic Index
?6/10
SA2 · middle-range
Unemployment
?5.3%
SA2 · Q4 2025
Schools
2
1 primary, 1 secondary
Hospitals
No data for this suburb
Childcare services
?17
8 long day, 4 OSHC
Parks & green space
?45
Parks, reserves
Transport stops
?37
GTFS stops
Dwelling approvals
?104
Mitchell · Feb 2026
Median House Sale Price
Source: Valuer-General Victoria (suburb-level quarterly medians).
→ Calculate stamp duty on this suburb's median price→ Estimate mortgage repayments
Safety & Crime
2025 Q4Reported incidents from VIC police. Offence rates may not reflect all crime.
Population over time — Wallan (SA2)
ABS publishes annual estimates only at SA2; Wallan suburb alone is ~15,004 (Census 2021).
Source: ABS ERP (latest release · 2025) · Census 2021. Numbers refreshed quarterly.
Growth at a Glance
Population grew from 7,916 to 30,342 over 24 years, averaging 5.8% per year.
Schools
3 in suburbSector
2 public · 1 private
Type
2 primary · 1 secondary
Total enrolment
2,414
Avg per school
805
Government school catchment
Catchment data is not yet available for VIC.
Source when available: Victorian Department of Education / Vicmap School Zones.
Profile
Census snapshot
Housing
Public housing 0.2%Almost entirely detached houses (92.7%), owner-occupied (76.3%), built for families (51% are 4 bed).
Dwelling mix
Tenure
VIC 29%
Number of bedrooms
Bushfire risk
Source: VIC DTP Designated Bushfire Prone Area
As of Apr 2026
Overlap is the percentage of the suburb's land area inside the mapped bushfire polygons. Always verify the exact property address with the relevant authority before making decisions.
Flood risk
Source: VIC DTP Vicmap Planning Overlay (flood codes)
As of Apr 2026
Overlap is the percentage of the suburb's land area inside the mapped flood polygons. Always verify the exact property address with the relevant authority before making decisions.
Planning zones
16 zones in suburb| Code | Zone | % covered | Area |
|---|---|---|---|
| FZ | Farming ZoneRural | 64.4% | 44.81 km² |
| CDZ1 | Comprehensive Development Zone Schedule 1Business | 13.9% | 9.69 km² |
| GRZ1 | General Residential Zone Schedule 1Residential | 8.4% | 5.84 km² |
| MUZ | Mixed Use ZoneResidential | 4.2% | 2.90 km² |
| LDRZ | Low Density Residential ZoneResidential | 2.8% | 1.97 km² |
| TRZ2 | TRZ2Special use | 2.2% | 1.56 km² |
| PUZ1 | Public Use Zone Schedule 1Special use | 1.0% | 0.72 km² |
| PPRZ | Public Park and Recreation ZoneRecreation | 0.8% | 0.59 km² |
| TRZ1 | TRZ1Special use | 0.5% | 0.35 km² |
| IN1Z | Industrial 1 ZoneIndustrial | 0.5% | 0.32 km² |
| TRZ3 | TRZ3Special use | 0.4% | 0.25 km² |
| TZ | Township ZoneResidential | 0.2% | 0.12 km² |
| C2Z | Commercial 2 ZoneBusiness | 0.2% | 0.12 km² |
| PUZ2 | Public Use Zone Schedule 2Special use | 0.2% | 0.11 km² |
| PCRZ | Public Conservation and Resource ZoneEnvironmental | 0.1% | 0.10 km² |
| C1Z | Commercial 1 ZoneBusiness | 0.1% | 0.07 km² |
Source: VIC DTP Vicmap Planning Zones (ZONE_VIC/2026-04-29/08783d2926383881) · As of Apr 2026. Zone boundaries are amended periodically; verify the exact property with the relevant council before relying on permitted use.