Thinking about buying in Mount Wallace? Now could not be a better time, with just 76 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,252,000 with prices in this suburb ranging from $446,000 to $3,857,000. The aproximate distance to the coast is 35 Km.
Household Makeup
| Median Weekly Rent | $321.67 |
| Median Monthly Mortgage | $1778.67 |
| Median Persons Per Bedroom | 0.77 |
| Average Household Size | 2.67 |
| Average Age | 45.33 |
| Average Income | $771.67 |
| Average Cars Per Dwelling | 2.68 |
| Average Properties Within 50M | 1 |
Housing Stock
Average Property Prices
| 1 Bed $1,092,000 |
| 2 Bed $1,262,000 |
| 3 Bed $866,000 |
| 4 Bed $2,088,000 |
| 5 Bed $1,766,000 |
Mount Wallace Real Estate Market Outlook
Consistent high demand relative to supply is a key feature in Mount Wallace driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Mount Wallace are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Mount Wallace provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Mount Wallace to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Mount Wallace the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Houses for sale Mount Wallace
|
4152 GEELONG-BALLAN RD, MOUNT WALLACE, VIC, 3342 |  3 |
 1 |
 4 |
$1,799,000 - $1,969,000 |
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Mount Wallace there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Mount Wallace weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.1 | 12.7 | 27.4 | 35.0 | 90.8 | 3.7 | 26.1 |
| Feb | 4.8 | 12.9 | 26.3 | 39.5 | 91.6 | 3.4 | 20.8 |
| Mar | 1.2 | 11.6 | 23.9 | 42.2 | 91.2 | 3.4 | 15.9 |
| Apr | 1.3 | 9.3 | 19.8 | 48.9 | 94.1 | 3.3 | 11.8 |
| May | 1.1 | 7.5 | 16.0 | 57.5 | 93.9 | 3.8 | 8.9 |
| Jun | 1.6 | 5.2 | 13.0 | 65.7 | 95.5 | 3.6 | 7.4 |
| Jul | 1.4 | 5.4 | 12.4 | 62.4 | 92.0 | 4.5 | 7.6 |
| Aug | 1.2 | 5.0 | 13.0 | 59.4 | 93.1 | 3.9 | 9.7 |
| Sept | 1.6 | 6.6 | 16.2 | 53.4 | 94.9 | 4.0 | 14.2 |
| Oct | 1.8 | 7.3 | 18.7 | 49.9 | 96.2 | 3.8 | 19.6 |
| Nov | 1.6 | 8.9 | 21.5 | 44.6 | 95.0 | 3.5 | 22.4 |
| Dec | 1.0 | 10.6 | 25.0 | 37.6 | 93.4 | 3.7 | 25.8 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Melton - Greater then 10KM
Bullarto - Greater then 10KM
Musk - Greater then 10KM
Wyndham Vale - Greater then 10KM
Cobblebank - Greater then 10KM
Little River - Greater then 10KM
Bacchus Marsh - Greater then 10KM
Ballarat - Greater then 10KM
Rockbank - Greater then 10KM
Ballan - Greater then 10KM
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