There are so many clever and cute wall shelves and hooks around at the moment. Perfect for displaying favourite books and toys (or keeping said toys and books out of reach of little hands....) In fact, some of the wall hooks are so g-damn adorable they make a great addition to the room....even if you don't hang anything off it!
In my girls' rooms we've made great use of the ever faithful RIBBA picture ledge from IKEA. Super handy, dirt cheap (hello, they start at $7.50!) and the perfect depth to display favourite toys or books. Millie also has some of the amazing Muuto hooks (see below) and a Bride and Wolfe heart shelf, above (perfect to put all my, sorry her!, sonny angels on it out of reach!). Her collection has grown considerably since this picture.
Here are some pieces I am loving - I just wish I had unlimited wallspace!