Not sure where to invest? Take the 2-min quiz and we'll rank your top 10 suburbs.
Take the 2-min quiz12,000+ suburbs | 110k+ live listings | refreshed daily
Sign up free to save this suburb, build a shortlist, and compare against 12,000+ Australian suburbs.
See a sample suburb report before signing up or paying. | Take the 30-second product tour
Wallington, VIC 3222
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$795,000
list-price estimate
Median Unit
$735,000
Gross Yield (houses)
1.7%
1yr Growth
-
Investment snapshot for Wallington
Wallington has enough public data for first-pass screening across yield, vacancy, price and supply signals.
Read the full Wallington verdict
Pros, risks, supporting metrics, investment score and cashflow. Included with Pro access.
Short-term access. No subscription. See all plans
See sample analysis before paying.
Investment score breakdown
See exactly which signals drive Wallington - yield, growth, affordability, vacancy, livability, safety, and demographics.
Access from $20. Cancel anytime. See all plans
Secure checkout by Stripe. Cancel anytime.
Wallington market and investor summary
In Wallington, VIC 3222, houses show a gross rental yield of 1.7%. At 0.8% vacancy, it is a tight rental market that favours landlords.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 1.7% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 0.8% and a resident base that is not shrinking. Houses also take time to sell, around 87 days on market, so plan for a slower exit if you ever need one.
Living in Wallington: people, income and schools
Wallington is home to around 1,515 people, and the area has been growing steadily, up about 11% over five years. The median age is 48, skewed a little older, and 91% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $125,000 a year, or roughly $2,410 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). Locally, around 30% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
There are 2 schools within about 5km, testing a little above the national school average on ICSEA. It is roughly 61 km from the CBD. It is fairly car-dependent; the suburb scores 7 for walkability out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 1,515
- +11% over 5yr
- Median age
- 48 years
- Median household income
- $125,000/yr
- Households renting
- 7%
- Family households
- 84%
- Socio-economic rank
- 6/10
- ABS advantage index
- Schools within 5km
- 2
- avg ICSEA 1092
- Unemployment
- 3.7%
- Distance to CBD
- 61 km
- Walk score
- 7/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Wallington
View all →Frequently asked questions about Wallington
What should I check before investing in Wallington?
Wallington has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (0.8% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Wallington?
The median property price in Wallington, VIC 3222 is $735K for units.
What rental yield does Wallington show?
The gross rental yield in Wallington is 1.7% for houses and 3.2% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Wallington?
The current vacancy rate in Wallington is 0.8%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Wallington?
Wallington has a population of approximately 1,515 residents, with a median age of 48.
What schools are near Wallington?
There are 2 schools within roughly 5km of Wallington. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Wallington's population growing?
The population of Wallington has grown about 11% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Wallington from the CBD?
Wallington is about 61 km from the CBD.
Keep researching with PropRadar
Free tools for the rest of your investment decision, no card required.
Beyond each listing
PropRadar works across your whole search: shortlists and portfolios start free, while heavier discovery, export and advisory workflows are available on paid tiers.
Portfolio tracking
Track owned properties with portfolio value, LVR, yield, cashflow and allocation rolled up in one place.
Open portfolioWatchlists and saved searches
Shortlist up to 5 properties and suburbs for free. Essentials raises the limits and adds saved search alerts.
Open watchlistDeal Finder
A live Pro browser for undervalued listings with solid yield, ranked so thin price gaps stay out of the list.
Open Deal FinderMarket Finder
Shortlist suburbs by yield, growth, vacancy, active inventory and sales depth before you inspect individual listings.
Open Market FinderStrategy tools
Hold vs Sell, Stress Tester, Strategy Recommender and Portfolio Rebalancer for decisions across several properties.
Open toolsBuilding a product on property data? Explore the PropRadar API