Wallace is a rural village, 20km east of Ballarat. Wallace is a popular hamlet due to its proximity to various towns, including the state capital, Melbourne approx 99 kilometres, Ballarat approx 20kms and just 7kms to Gordon where there is a hotel with accommodation, general store, a cafe, gift store, post office/store, a primary school as well as several heritage buildings. Wallace sits within the Shire of Moorabool, with the Wallace Hotel, a Butter factory, a recreation reserve & excellent connection to the Western Freeway.