Wallacetown is a suburb which lies within the Territorial Authority of Southland, one of 43 residential suburbs which form the wider region. Wallacetown is the 8th largest suburb of Southland in terms of the total number of residential housing stock. Wallacetown provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1910 - 1919. The majority of the residential housing stock in the locality was constructed between 1970 - 1979. Residential housing stock in Wallacetown is made up of approximately 82% residential housing and 18% lifestyle properties.