Mount Wallace, located in the heart of Victoria, is a charming rural locality that offers a tranquil lifestyle surrounded by picturesque landscapes. With its close-knit community and proximity to larger urban centres, it's an attractive destination for families and professionals seeking a peaceful retreat from city life. This article examines the best residential areas in Mount Wallace, detailing their unique characteristics, housing options, and average prices.
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Central Mount Wallace

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Central Mount Wallace is the heart of the locality, providing easy access to local shops, schools, and community services. It's an ideal place for families due to its strong community feel and vibrant atmosphere.
Characteristics of the Central Mount Wallace
* Culture: Community events, local markets
* Transportation: Good access to major roads, public transport options available
* Services: Supermarket, cafes, schools, parks
* Environment: Friendly and welcoming
Housing Options in the Central Mount Wallace
Family homes, Townhouses, Units
Average Home Prices in the Central Mount Wallace
* Buying: $600,000 – $750,000
* Renting: $1,800 – $2,200/month
Mount Wallace South

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Mount Wallace South is known for its larger properties and semi-rural lifestyle, offering peace and quiet while still being within easy reach of amenities. It's perfect for those who want space and privacy.
Characteristics of the Mount Wallace South
* Culture: Agricultural lifestyle, nature activities
* Transportation: Car required, some public transport services
* Services: Limited local shops, nearby larger towns offer more options
* Environment: Peaceful and spacious
Housing Options in the Mount Wallace South
Rural houses, Acreage properties
Average Home Prices in the Mount Wallace South
* Buying: $700,000 – $900,000
* Renting: $1,500 – $2,000/month
Mount Wallace East

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Mount Wallace East features a charming collection of heritage homes and modern builds, attracting those who appreciate character and community spirit.
Characteristics of the Mount Wallace East
* Culture: Historic charm, local traditions
* Transportation: Public transport accessible, cycling friendly
* Services: Community centre, library, shops
* Environment: Culturally rich and family-oriented
Housing Options in the Mount Wallace East
Heritage houses, New townhouses
Average Home Prices in the Mount Wallace East
* Buying: $650,000 – $800,000
* Renting: $1,600 – $2,100/month
Balnarring Road Area

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The Balnarring Road area offers a mix of residential and rural properties, ideal for families and retirees looking for a quieter lifestyle close to nature.
Characteristics of the Balnarring Road Area
* Culture: Outdoor activities, gardening culture
* Transportation: Car recommended, nearby public transport options
* Services: Local delicatessens, cafes, small markets
* Environment: Lively yet relaxed
Housing Options in the Balnarring Road Area
Country-style homes, Large blocks
Average Home Prices in the Balnarring Road Area
* Buying: $680,000 – $850,000
* Renting: $1,500 – $2,000/month
Mount Wallace North

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Mount Wallace North is popular among families for its accessibility to schools and recreational facilities. It offers a suburban feel with spacious yards and parks.
Characteristics of the Mount Wallace North
* Culture: Family-friendly, sporty community
* Transportation: Good transport links to nearby towns
* Services: Parks, playgrounds, sports facilities
* Environment: Energetic and family-oriented
Housing Options in the Mount Wallace North
Modern homes, Duplexes
Average Home Prices in the Mount Wallace North
* Buying: $620,000 – $780,000
* Renting: $1,700 – $2,200/month
Wyndham Road Area

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The Wyndham Road area is characterised by its rural charm and community atmosphere. It's a great spot for those looking for a more laid-back lifestyle surrounded by nature.
Characteristics of the Wyndham Road Area
* Culture: Rural lifestyle, artistic community
* Transportation: Private transport necessary, limited public options
* Services: Art galleries, workshops, small markets
* Environment: Tranquil and artistic
Housing Options in the Wyndham Road Area
Ranch-style houses, Bungalows
Average Home Prices in the Wyndham Road Area
* Buying: $750,000 – $950,000
* Renting: $1,600 – $2,100/month
Frequently Asked Questions About the Best Residential Areas in Mount Wallace:
The best residential areas in Mount Wallace include Central Mount Wallace, Mount Wallace South, Mount Wallace East, Balnarring Road Area, Mount Wallace North, and Wyndham Road Area.
Mount Wallace North and Central Mount Wallace are highly recommended for families due to their access to schools and recreational facilities.
Mount Wallace South and the Balnarring Road Area are ideal for those seeking larger homes and more space.
The average purchase price for houses in Central Mount Wallace is around $600,000 to $750,000.
Yes, Mount Wallace has reasonable access to major roads, although public transport options can be limited in some areas.
Central Mount Wallace has the highest concentration of amenities, including supermarkets, schools, and community services.
Mount Wallace offers a range of housing options including family homes, townhouses, rural properties, and units.
Yes, areas like Mount Wallace South and the Wyndham Road Area are popular among retirees for their peaceful environment and spacious properties.
Mount Wallace has a strong community spirit, with many local events, markets, and activities that encourage community engagement.
The rental market in Mount Wallace is active, with prices ranging from $1,500 to $2,200 per month depending on the locality and type of property.
Conclusion on the Best Residential Areas in Mount Wallace:
Mount Wallace offers a diverse range of residential areas that cater to various lifestyle preferences, whether you are a family seeking proximity to amenities or a retiree looking for peaceful rural living. Each suburb has its unique charm, making it an attractive location for those wanting to escape the hustle and bustle of city life while still having access to essential services. With a variety of housing options and a supportive community, Mount Wallace is a fantastic choice for potential homebuyers and renters alike.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.