[1] Currajong Creek runs through the town, flowing into the Burnett River, which forms most of the eastern boundary of the locality.
[9][11] In 1929, an existing cane train bridge over the Burnett River was converted to be suitable for use by cars.
As well as being convenient for local use, it also allowed those travelling between Brisbane and Rockhampton to bypass Bundaberg, which shortened the journey by 80 miles (130 km).
It was funded by a local committee and was officially opened on 12 October 1929 by the Member for Burrum William Brand.
[15] While the issue of funding remained unresolved, the lack of maintenance was taking its toll with the bridge and its approaches being described as "a bit of a nightmare" with recommendations to drive via Bundaberg instead.
[18] The bridge was finally opened on Saturday 11 May 1940 by Harry Bruce, the Queensland Minister for Public Works, who outlined his vision for a highway from Coolangatta to Cooktown (of which the present day Bruce Highway from Brisbane to Cairns forms the major part).
[19] On Sunday 13 September 1931 Archbibhop James Duhig laid the foundation stone for the Little Flower Catholic Church in Wallaville.
[20] On Sunday 5 June 1932 the Bishop of Rockhampton Romuald Denis Hayes consecrated the new Roman Catholic Church.
The railway track was sold to the sugar mill to build cane tramways around Wallaville.
[9] In the mid-1990s, a weir was proposed for the Burnett River approximately 11 kilometres (6.8 mi) downstream of the Wallaville Bridge.
Additionally the existing bridge was old and the geometry of its alignments were not of an acceptable standard for a major highway (there was a sharp bend on the southern side approach).
[32] The town has two general stores, a bakery, a butcher shop, post office, garage as well as the Bellevue Hotel.