Springbank vs Wallace

Wallace is the younger of the two, with a median age of 42 against 49 in Springbank. In both, the large majority of households own their home and the large majority of homes are detached houses. On these figures, Springbank tends to suit people living alone.

Which one suits you?

There is no overall winner — the suburb that suits a family with school-age kids is routinely the wrong one for someone commuting into the city. So each of these answers its own question, against a checklist you can see, using the same figures in the tables below.

Families with school-age kids

Springbank

ahead on the one thing that separates them

  • carries lower crime risk (13/100 vs 72/100)

Weighs schools, house stock, crime, parks, childcare, and who already lives there.

First-home buyers

Too close to call

Nothing among the 1 things we measure here separates them by enough to be worth acting on.

Weighs mortgage stress.

Renters

Springbank

ahead on the one thing that separates them

  • has cheaper rent ($200/wk vs $250/wk)

Weighs rent and rental stress.

Commuting to the city

Wallace

ahead on the one thing that separates them

  • is more walkable (21/100 vs 0/100)

Weighs distance, drive time, and walkability.

Downsizers and retirees

They split

one each way, out of the 4 things we measure here

  • Springbank carries lower crime risk (13/100 vs 72/100)
  • Wallace is more walkable (21/100 vs 0/100)

Weighs who already lives there, GPs, walkability, and crime.

Investors

Wallace

ahead on the one thing that separates them

  • is growing faster (21.4% vs 5.4%)

Weighs population growth.

Where they sit

Springbank and Wallace drawn to the same scale. Both outlines are shown together, so the map answers whether they share a border and how their areas compare.

Springbank Wallace
Hides rows where both suburbs match

Bars start at zero. Scores, risks and rankings are drawn against their full 0–100 range; other rows are drawn in proportion to the larger of the two.

Side by side, out of 100

Risks are inverted — shown as safety and low exposure — so a longer bar always means better.

Springbank Wallace
Walkability 0 / 21
Springbank — Walkability: 0/100 Wallace — Walkability: 21/100
Safety 87 / 28
Springbank — Safety: 87/100 Wallace — Safety: 28/100
Low fire risk 100 / 100
Springbank — Low fire risk: 100/100 Wallace — Low fire risk: 100/100
Low flood risk 100 / 100
Springbank — Low flood risk: 100/100 Wallace — Low flood risk: 100/100

Demographics

Wallace has more residents (227 vs 117); Wallace rents higher ($250/wk vs $200/wk).

Springbank Wallace
Population 117 227
+94% vs other
Population trend (2016 → 2021) +5.4% +21.4%
Median age 49 42
Median household income $74,724/yr $93,132/yr
+25% vs other
Median weekly rent $200/wk $250/wk
+25% vs other

Age profile

Share of residents in each band, 2021 Census.

Springbank Wallace
0-4 7.7% / 10.1%
Springbank — 0-4: 7.7% Wallace — 0-4: 10.1%
5-14 9.4% / 8.8%
Springbank — 5-14: 9.4% Wallace — 5-14: 8.8%
15-19 6.0% / 5.3%
Springbank — 15-19: 6.0% Wallace — 15-19: 5.3%
20-24 3.4% / 6.2%
Springbank — 20-24: 3.4% Wallace — 20-24: 6.2%
25-34 13.7% / 11.0%
Springbank — 25-34: 13.7% Wallace — 25-34: 11.0%
35-44 7.7% / 8.8%
Springbank — 35-44: 7.7% Wallace — 35-44: 8.8%
45-54 16.2% / 13.7%
Springbank — 45-54: 16.2% Wallace — 45-54: 13.7%
55-64 23.1% / 16.3%
Springbank — 55-64: 23.1% Wallace — 55-64: 16.3%
65-74 10.3% / 15.0%
Springbank — 65-74: 10.3% Wallace — 65-74: 15.0%
75-84 2.6% / 4.0%
Springbank — 75-84: 2.6% Wallace — 75-84: 4.0%
85+ 6.8% / 1.3%
Springbank — 85+: 6.8% Wallace — 85+: 1.3%

Bars are drawn against the largest share shown (23.1%).

Who lives together

Household composition, 2021 Census.

Springbank 42.3% couple families
Springbank — Couple Families: 42.3% Springbank — Lone Person: 38.5% Springbank — One Parent Families: 19.2% Springbank — Other Families: 0.0%
Wallace 41.7% couple families
Wallace — Couple Families: 41.7% Wallace — Lone Person: 30.0% Wallace — One Parent Families: 23.3% Wallace — Other Families: 5.0%
Couple Families Lone Person One Parent Families Other Families

Who owns and who rents

Occupied private dwellings by tenure, 2021 Census.

Springbank 0.0% renting
Springbank — Owned Outright: 63.6% Springbank — Mortgage: 36.4% Springbank — Renting: 0.0%
Wallace 16.0% renting
Wallace — Owned Outright: 38.7% Wallace — Mortgage: 45.3% Wallace — Renting: 16.0%
Owned outright Mortgage Renting

What people live in

Occupied private dwellings by structure, 2021 Census.

Springbank 100.0% houses
Springbank — Houses: 100.0%
Wallace 100.0% houses
Wallace — Houses: 100.0%
Houses

Qualifications

Highest non-school qualification, residents 15+, 2021 Census.

Springbank Wallace
Certificate III & IV 10.3% / 20.3%
Springbank — Certificate III & IV: 10.3% Wallace — Certificate III & IV: 20.3%
Advanced Diploma / Diploma 9.4% / 7.5%
Springbank — Advanced Diploma / Diploma: 9.4% Wallace — Advanced Diploma / Diploma: 7.5%
Bachelor Degree 7.7% / 6.6%
Springbank — Bachelor Degree: 7.7% Wallace — Bachelor Degree: 6.6%
Graduate Diploma / Certificate 3.4% / —
Springbank — Graduate Diploma / Certificate: 3.4% Wallace — Graduate Diploma / Certificate: not among its largest
Postgraduate Degree — / 1.3%
Springbank — Postgraduate Degree: not among its largest Wallace — Postgraduate Degree: 1.3%

Bars are drawn against the largest share shown (20.3%).

Zoning mix

Springbank Wallace
Rural and farming 89% 88%
Infrastructure and transport 11% 6%
Residential 0% 6%
Zoning sets what may be built, not what is there today. A single address can sit in a different zone to the suburb around it. Zones as at 2026-09.

Development activity

Springbank Wallace
New dwellings approved 338
across Moorabool
same for both
Approvals change year on year +4%
same for both

Ranking within VIC

Springbank Wallace
House price —
same for both
Income Higher than 41% of VIC Higher than 62% of VIC
Schools —
same for both
Walkability Higher than 45% of VIC Higher than 80% of VIC
Affordability —
same for both
EV adoption Higher than 38% of VIC
same for both
NBN connectivity Higher than 64% of VIC Higher than 61% of VIC

Liveability

Wallace is more walkable (21 vs 0).

Springbank Wallace
Grade —
same for both
Score —
same for both
Socio-economic band advantaged area
decile 8/10
 mid-range socio-economic
decile 6/10

Risk profile

Wallace carries more crime risk (72 vs 13).

Springbank Wallace
Bushfire None
0/100
same for both
Crime Low
13/100
 High
72/100
Flood None
0/100
same for both
Coastal erosion None
0/100
same for both
Aircraft noise None
0/100
same for both
Industrial facilities nearby 0
within 5 km
same for both

Schools

Springbank Wallace
Inside the suburb 0
same for both
Rated above peers 0
same for both
Rated at peers 0
same for both
Rated below peers 0
same for both

Amenities in the suburb

Springbank Wallace
Parks & reserves 0 1
Childcare 0 1
GPs 0 1

Mobility

Springbank Wallace
Walkability score 0/100 21/100
Distance to Melbourne 99.6 km
+1% vs other
 98.5 km
Drive time (normal traffic) 72 min
same for both
Electric vehicle share 0.4%
postcode 3352
same for both
Rooftop solar per 100 dwellings 51
postcode 3352
same for both

How people get to work

Method of travel on census day 2021 — which fell during COVID restrictions, so working from home is inflated and every travel mode understated.

Springbank Wallace
Car (driver) 63.9% / 67.3%
Springbank — Car (driver): 63.9% Wallace — Car (driver): 67.3%
Worked from Home 29.5% / 17.8%
Springbank — Worked from Home: 29.5% Wallace — Worked from Home: 17.8%
Walked Only 6.6% / 6.9%
Springbank — Walked Only: 6.6% Wallace — Walked Only: 6.9%
Car (passenger) — / 7.9%
Springbank — Car (passenger): not among its largest Wallace — Car (passenger): 7.9%

Bars are drawn against the largest share shown (67.3%).

Setting

Springbank Wallace
Elevation 615 m
above sea level, at the suburb centre
 571 m
above sea level, at the suburb centre

NBN connectivity

Springbank Wallace
Connectivity score 30/100
same for both
Most common technology Fixed wireless
same for both
Full-fibre (FTTP) share 0%
49 premises
 0%
91 premises

Climate

Springbank Wallace
Annual rainfall 714 mm
same for both
Summer max (Jan) —
same for both
Winter min (Jul) —
same for both

Council rates

Springbank Wallace
Average residential rate $1,979/yr
same for both
Council Moorabool
same for both

Federal electorate

Springbank Wallace
Division Ballarat
same for both
Member Catherine King
same for both
Party Australian Labor Party
same for both

First Home Owner Grant

Springbank Wallace
Grant amount $10,000
same for both
Property price cap $750,000
same for both
Eligibility New
same for both

Tags

Springbank

Rural

Wallace

Quiet Rural Young Families

More comparisons

Other comparisons with Springbank

Springbank vs Gordon Springbank vs Bungaree Springbank vs Mollongghip

Other comparisons with Wallace

Wallace vs Gordon Wallace vs Bungaree Wallace vs Millbrook
Full data on Springbank Full data on Wallace
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Information shown is provided as-is from Australian government and commercial data sources.
Always verify with the relevant authority before making property decisions.
See Data Sources and How We Calculate for details.

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