This is safer than other approaches which route the wallets rpc over a Tor hidden service, or that use physical isolation but still have networking to connect to the daemon. In this way you don't need any network connection on the wallet, you preserve resources of the Tor network, and there is less latency.
With [Qubes](https://qubes-os.org) + [Whonix](https://whonix.org) you can have a Monero wallet that is without networking and running on a virtually isolated system from the Monero daemon which has all of its traffic forced over [Tor](https://torproject.org).
Qubes gives the flexibility to easily create separate VMs for different purposes. First you will create a Whonix workstation for the wallet with no networking. Next, another Whonix workstation for the @daemon which will use your Whonix gateway as it's NetVM. For communication between the wallet and daemon you can make use of Qubes [qrexec](https://www.qubes-os.org/doc/qrexec3/).