Wallan (VIC 3756): property prices & suburb profile

Mitchell LGA · Latest published data October 2025 · Page updated August 2026 · Public government records

Wallan · VIC 3756 · typical house price · 12 months to 2025-Q4
$634,000+81.6%
vs 10 years ago (rolling year)
Sales-weighted average of the 4 quarterly medians to 2025-Q4 (236 sales) published by the Victorian Valuer-General. A single quarter in one suburb can turn on a handful of sales, so this page reports a rolling year.
Typical house price
$634,000
236 sales over 4 quarters
Typical unit price
$468,000
12 months to 2025-Q4, 31 sales
Sales in the last year
267
houses + units
SEIFA advantage decile
5 of 10
Wallan
Schools in the suburb
3
ACARA registered

Wallan property prices

The typical Wallan house sold for around $634,000 in the year to 2025-Q4, +81.6% over 10 years and +26.5% over 5 years.

Property type
1Y
3Y
5Y
10Y
Houses
+5.7%
+19.2%
+26.5%
+81.6%
Units
+8.8%
+7.2%
+20.6%
+63.8%

Change in medians published by the Victorian Valuer-General · rolling year to 2025-Q4 for recent horizons, yearly medians to 2023 further back

Houses (yearly + recent quarters)
Units (yearly + recent quarters)
263k370k477k584k690k20162018202020222024quarterly from here
View as table
PeriodHouses (yearly + recent quarters)Units (yearly + recent quarters)
2013$341,500$246,000
2014$356,000$265,000
2015$362,000$263,000
2016$375,000$277,000
2017$425,000$325,000
2018$490,000$330,000
2019$480,000$360,000
2020$520,000$380,000
2021$580,000$405,000
2022$625,000$440,000
2023$620,000$445,000
Apr 2023$630,000
July 2023$644,000
Oct 2023$620,000
2024$605,000$434,000
Apr 2024$657,500$450,000
July 2024$630,000$416,500
Oct 2024$595,000$450,000
2025$640,000$452,500
Apr 2025$642,500$452,000
July 2025$605,000$484,300
Oct 2025$650,000$478,500
  • Medians are published by the Victorian Valuer-General per suburb; we do not have individual sale records for this state, so there is no street-level breakdown on this page (our New South Wales pages have one).
  • The headline figure is a sales-weighted average of the last four quarterly medians, not a median of individual sales, because one quiet quarter in a single suburb can move a quarterly median by more than the market did. The chart below plots each quarter as published.
  • The Victorian Valuer-General yearly file currently ends at 2023; newer points on the chart and the short-horizon changes come from the quarterly file.
  • Change over time reflects what sold in each period, not the value of any one home: a run of large or small homes moves it.
  • Periods with fewer than 5 recorded sales are excluded.

Wallan medians by quarter

The most recent quarter on record for Wallan is 2025-Q4.

Wallan medians by quarter
2025-Q4Unit$479k6
2025-Q4House$650k55
2025-Q3Unit$484k10
2025-Q3House$605k60
2025-Q2Unit$452k9
2025-Q2House$643k61
2025-Q1Unit$453k6
2025-Q1House$640k60
2024-Q4Unit$450k9
2024-Q4House$595k50
2024-Q3Unit$417k14
2024-Q3House$630k
  • Sale counts are shown so you can judge how solid each median is.

Who lives in Wallan

Wallan has a median age of 33 and a median household income of $1,914 a week.

Population (Wallan)
15,004
Median age (Wallan)
33 years
Median household income (Wallan)
$1,914/wk
People per square kilometre
216
Average taxable income (postcode, 2023)
$67,828
SEIFA advantage decile (Wallan)
5 of 10
Addresses in the suburb (G-NAF)
9,753
Rooftop solar installs, 12 months (postcode)
180
How Wallan homes are held
Owned outright
18.8% · 916
Owned with a mortgage
57.5% · 2,800
Rented
21.2% · 1,033
Wallan homes by bedroom count
1 bedroom or studio
0.5% · 22
2 bedrooms
4.6% · 219
3 bedrooms
37.5% · 1,799
4 bedrooms
50.8% · 2,437
5 or more
6.7% · 322
ABS SEIFA 2021 deciles · 10 of 10 = most advantaged nationally
Advantage and disadvantage (IRSAD)from income, education, occupation and housing
5 of 10
Relative disadvantage (IRSD)from low income, low education and unskilled occupations
5 of 10
Economic resources (IER)from household income, wealth and housing costs
7 of 10
Education and occupation (IEO)from qualifications and skilled work
4 of 10
  • Figures labelled Wallan are for the suburb boundary itself (ABS 2021 Census). Anything labelled SA2 or postcode covers a wider area: SA2 "Wallan" and postcode 3756 both extend beyond Wallan.
  • SEIFA decile 1 is the lowest tenth of Australian areas on that index and 10 the highest. The four indices measure different things and often disagree, which is why all four are shown: a suburb can rank high on education and occupation while ranking mid on economic resources.

Schools in Wallan

The 3 schools in Wallan sit at the 33rd percentile nationally on ACARA's socio-educational index.

Schools located in Wallan
Our Lady of the Way Catholic Primary SchoolCatholicPrimary1,039
Wallan Primary SchoolGovernmentPrimary954
Wallan Secondary CollegeGovernmentSecondary970
Median school percentile nationally · ICSEA score
Wallan · 3 schools
33rd · 970
Mitchell LGA
42nd · 988
Melbourne North
68th · 1050
VIC
60th · 1030
Australia
51st · 1008
  • ICSEA is ACARA's socio-educational index (average 1000). It describes the family backgrounds of the students enrolled, NOT how well a school teaches: a lower ICSEA means a less advantaged intake, not a worse school.
  • Percentiles are ACARA's own national ranking, so the Australia bar is a published figure rather than our arithmetic. Each area shows the median of the mainstream schools sitting inside it; special schools are listed in the table but excluded from the medians.
  • Public school intake zones are not published in our dataset for this state, so confirm catchments with the school.

Suburbs near Wallan

Wallan's typical house price of $634,000 is the 48th highest of the 51 Melbourne North suburbs we cover.

All Melbourne North suburb research

Wallan: common questions

How much does a house cost in Wallan?
About $634,000 across the 12 months to 2025-Q4, from 236 recorded sales. That is a sales-weighted average of the four quarterly medians published by the Victorian Valuer-General: a single quarter in one suburb can swing on a handful of sales.
Have Wallan prices gone up?
Prices have risen 81.6% over 10 years and moved +26.5% over 5 years, comparing the latest rolling year with the same window a decade earlier. These movements reflect the mix of homes sold, not the change in value of a specific property.
What do units cost in Wallan?
The typical unit price was around $468,000 across the 12 months to 2025-Q4: a sales-weighted average of the quarterly unit medians, from 31 sales.
Can I see Wallan prices street by street?
Not yet. VIC publishes suburb-level medians rather than individual sale records, so street-level medians are only available on our New South Wales pages.
Which schools are in Wallan?
Wallan has 3 ACARA-registered schools: Our Lady of the Way Catholic Primary School, Wallan Primary School, Wallan Secondary College.
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Data sources

This page summarises public government datasets for general information. It is not financial, legal or property advice, figures can contain source errors, and postcode or SA2 statistics cover a wider area than the suburb itself. Flood and bushfire overlays are not yet loaded for VIC pages, so the absence of a risk section is a data gap, not an all-clear: always check the vendor statement and planning certificate. Verify anything material independently before acting on it.