716 Bungaree-Wallace Rd, Wallace is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1742m2. While the property is not currently for sale or for rent, it was last sold in October 2019.
A beautiful country location,a delightfully newly renovated country cottage. Fresh & crisp lifestyle awaits with excellent access and easy stroll to a good feed at the popular Wallace pub. Great outlook over green pastures & grazing cows. Immaculate presentation with character & charm.(Currently used for overnight accommodation)Beautiful polished NZ Kauri floors throughout, 2 bedrooms, Lounge with gas log fireplace, a light filled Country style kitchen/Meals/Family with access to outdoor entertainment. Fantastic bathroom has appeal,2 toilets, laundry.The property also includes excellent shedding and storage.All on a big 1600m2 block with plenty of frontage, Just a couple of minutes to the freeway and rail at Ballan. Historic city of Ballarat only about 15 Minutes.
The size of Wallace is approximately 11.2 square kilometres. The population of Wallace in 2016 was 187 people. By 2021 the population was 227 showing a population growth of 21.4% in the area during that time. The predominant age group in Wallace is 60-69 years. Households in Wallace are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Wallace work in a managers occupation.In 2021, 82.90% of the homes in Wallace were owner-occupied compared with 80.30% in 2016.
Wallace has 109 properties. Over the last 5 years, Houses in Wallace have seen a 28.04% increase in median value. As at 30 November 2025:
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