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Suburb Insights ยท QLD 4310

Wallaces Creek 4310, Queensland

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Wallaces Creek is an outer-metropolitan suburb of Brisbane, Australia, with a population of approximately 74, making it a boutique locality. Located approximately 76 km from the Brisbane CBD, Wallaces Creek is a outer metro area in Queensland. The median household income is $120,224 AUD per year (ABS 2021 Census).

Investment Score

54 / 100 Moderate

Wallaces Creek benefits from a high-income resident base, supporting premium property pricing. While further from the city, improving transport links could boost future demand.

Location

Map shows Wallaces Creek, Queensland, Australia.

Key Indicators

Postcode
4310

Official Australia Post postcode for Wallaces Creek. A postcode may cover multiple suburbs.

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Population
74

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$380/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$120,224/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
76 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,084/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
89% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Wallaces Creek's outer-metropolitan position means more affordable entry points for investors, with potential for capital growth as infrastructure extends outward. Demand is often driven by young families seeking space and value. The median rent of $380/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $2,084/month. A median household income of $120,224/year supports premium property values and indicates a well-employed resident base. 89% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Holding property in Wallaces Creek over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

Wallaces Creek can deliver reasonable rental income, though yields are not the primary draw.

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Renovation / Flip

The resale market in Wallaces Creek may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Wallaces Creek property

Full Property Analysis

30-year projections for Wallaces Creek

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Moderate

Property values in Wallaces Creek should hold firm in 2026, with gradual appreciation tied to infrastructure and population trends. The rental market in Wallaces Creek should see steady occupancy, with moderate upward pressure on rents. Wallaces Creek offers measured appeal for investors willing to look beyond headline metrics.

Frequently Asked Questions

Is Wallaces Creek a good suburb for investment?

Wallaces Creek is a outer metro area in Queensland with a population of 74. The median rent is $380/week and the median household income is $120,224/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Wallaces Creek?

Key demand drivers in Wallaces Creek include affordability relative to inner suburbs and expanding infrastructure. 89% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Wallaces Creek?

According to the ABS 2021 Census, Wallaces Creek has a population of approximately 74. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Wallaces Creek from the Brisbane CBD?

Wallaces Creek is approximately 76 km straight-line distance from the Brisbane CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.

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