Wallacia is a close-knit residential community in New South Wales within the Penrith local government area (postcode 2745). It is home to about 1,711 residents, with an established family demographic and a median age of 38. Households earn a median income of $104K per year, with an average household size of 2.9 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.2% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, clerical & administrative, managers. Employment in the area leans toward construction and healthcare. The top ancestries reported are Australian, English, Maltese.
Wallacia has a median house price of $1.2 million, which has jumped by 26.9% year-on-year. Units have a median price of $370,000 (+22.3% YoY). The current median weekly rent is $780. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $2,500.
Wallacia is served by 1 school, including 1 primary. The average ICSEA score is 959, which is around the national average of 1,000. Public transport access includes 16 bus stops. The crime rate in the Penrith LGA is below average at 3,984 incidents per 100,000 population.
Looking at the investment signals, Wallacia shows a gross rental yield of approximately 3.4%, rated as moderate yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 11.5x is considered stretched. House prices have moved +26.9% year-on-year. Population growth of +1.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.