Your suburb, scored · Data as of Oct 2026

Wallacedale, VIC

Postcode 3303 · Glenelg council area · One of 15,000 suburbs we score across 27 indicators, updated monthly

R-Score 24 / 100 — ranked #11,651 of 15,286 suburbs this month

Current market conditions here are quieter than most

A lower score describes measured market conditions right now — not your home, your street, or where this market goes next.

Scores describe measured market conditions — not personal advice, and not a forecast.

Median house price$779,000

Up 0% over the past 12 months of settled sales.

Median weekly rent$210/wk

Rental data is thin here this month.

Vacancy rate33.3%

Above the 1.5% line where the rental market starts to loosen.

Is Wallacedale a buy right now? Get our verdict + the 5 best streets

Our read on Wallacedale, the Top 5 streets to target, and the score, price, rent and market-speed trends behind it. Instant, free, and a copy lands in your inbox.

  • Our read: is Wallacedale a buy right now?
  • The Top 5 streets in Wallacedale to target
  • 18-month R-Score trend + what's driving it
  • 3-year price, rent & days-on-market charts
  • Unlocks every Street Score report in Wallacedale

Free. No spam. The snapshot above stays free either way.

Best Streets in Wallacedale, VIC

Two streets in the same suburb can sit in completely different census blocks for owner-occupiers, public housing, and rental yield. Drill down into Wallacedale's streets below.

Other High-Scoring Suburbs in Glenelg (VIC)

IndicatorWallacedale ReadingContext & Benchmark
Ripehouse R-Score24 / 100Ranked #11,651 of 15,286 Australian suburbs (Oct 2026)
Median House Price$779,000+0% over the past 12 months of settled sales
Median Weekly Asking Rent$210/wkMeasured across residential rental listings
Rental Vacancy Rate33.3%Above the 1.5% tight-supply threshold
Median Days on Market1440 daysPart of Glenelg (VIC) council area (LGA avg R-Score 55/100)

Buyer's Agent & Quantitative Due Diligence

Considering buying an investment property in Wallacedale, VIC?

Since 2011, Ripehouse Advisory has helped Australian investors screen 15,000 suburbs and 518,000+ streets to avoid high-public-housing blocks, flood/overlay traps, and underperforming pockets. Speak with our team before you make an offer.

Book a Free Investor Decision Review ↗

Wallacedale VIC FAQs

Frequently Asked Questions: Investing in Wallacedale, VIC

Key answers from the Oct 2026 Ripehouse Advisory suburb and street research bake for Wallacedale.

Is Wallacedale VIC a good suburb for property investment in 2026?

As of Oct 2026, Wallacedale (VIC 3303) scores 24/100 on the Ripehouse R-Score, ranking #11,651 out of 15,286 Australian suburbs. Current market conditions here are quieter than most. Key fundamentals include a median price of $779,000, median rent of $210/wk, gross yield of —, and vacancy of 33.3%.

What is the median house price and 12-month growth in Wallacedale VIC?

The current median property price in Wallacedale (VIC) is $779,000 (Oct 2026), representing a 0% change over the past 12 months. Properties in Wallacedale currently spend a median of 1440 days on market.

What is the rental yield and vacancy rate in Wallacedale VIC?

In Wallacedale (VIC), the median weekly asking rent is $210/wk, producing a gross rental yield of not available. The suburb vacancy rate is 33.3% as of Oct 2026.

What are the best streets in Wallacedale VIC?

Ripehouse Advisory scores every G-NAF street in Wallacedale against the suburb average for owner-occupancy, public housing, rent, and yield. Use the Wallacedale Street Score tool on this page to compare individual streets.

Which council area (LGA) is Wallacedale VIC located in?

Wallacedale (VIC, postcode 3303) is located in the Glenelg council area (LGA). Across Glenelg, the council-wide average R-Score is 55/100 across 52 suburbs.

R-Score and all figures are drawn from Ripehouse's research engine — 15,000 suburbs measured across 27 indicators, refreshed monthly (data as of Oct 2026). Scores describe past and current measured market conditions only. Past performance is not a reliable indicator of future performance. Nothing on this page is personal financial advice.