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This analysis uses ABS Statistical Areas Level 2 (SA2) boundaries, which can materially differ from Suburbs and Localities (SAL) even when sharing similar names.
SA2 boundaries are defined by the Australian Bureau of Statistics and are designed to represent communities for statistical reporting (e.g., census and ERP).
Suburbs and Localities (SAL) represent commonly-used suburb/locality names (postal-style areas) and may use different geographic boundaries. For comprehensive analysis, consider reviewing both boundary types if available.
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Sales Activity
Curious about local property values? Filter the chart to assess the volume and appreciation (including resales) trends and regional comparisons, or scroll to the map below view this information at an individual property level.
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Population
Morisset - Cooranbong lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends
Based on AreaSearch's analysis, Morisset-Cooranbong's population is around 21,977 as of Feb 2026. This reflects an increase of 3,848 people (21.2%) since the 2021 Census, which reported a population of 18,129 people. The change is inferred from the estimated resident population of 20,319 from the ABS as of June 2024 and an additional 1,552 validated new addresses since the Census date. This level of population equates to a density ratio of 66 persons per square kilometer. Morisset-Cooranbong's growth of 21.2% since the 2021 census exceeded Rest of NSW's (5.9%). Population growth was primarily driven by interstate migration, contributing approximately 90.1% of overall population gains during recent periods.
AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered, NSW State Government's SA2 level projections are used, released in 2022 with a base year of 2021. Growth rates by age group from these aggregations are applied to all areas for years 2032 to 2041. By 2041, the area is expected to expand by 9,992 persons based on latest annual ERP population numbers, reflecting a gain of 37.9% in total over the 17 years.
Frequently Asked Questions - Population
Development
The level of residential development activity in Morisset - Cooranbong was found to be higher than 90% of real estate markets across the country
Morisset-Cooranbong recorded approximately 342 residential property approvals annually. Between FY-21 and FY-25, 1713 homes were approved, with a further 217 approved in FY-26 to date. On average, 1.9 people moved to the area per dwelling built over these five years.
This suggests balanced supply and demand dynamics. The average construction cost of new properties was $296,000. In FY-26, commercial approvals totalled $52.7 million, indicating robust commercial development activity. Compared to the rest of NSW, Morisset-Cooranbong has 110% more construction activity per capita, reflecting strong developer confidence in the location. New developments comprised 76% detached dwellings and 24% medium-high density housing, maintaining the area's traditional low-density character.
With around 59 people per approval, Morisset-Cooranbong is a developing area. Population forecasts indicate an increase of 8334 residents by 2041. Current construction levels should meet demand adequately, creating favourable conditions for buyers and potentially exceeding current population growth forecasts.
Frequently Asked Questions - Development
Infrastructure
Morisset - Cooranbong has strong levels of nearby infrastructure activity, ranking in the top 30% nationally
Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 38 projects likely to impact the area. Key projects include Trinity Point Marina & Resort Development, Life & Home Bulky Goods Centre, Morisset, Cedar Mill Lake Macquarie, and Mandalong Road Upgrade, Morisset. The following list details those most relevant:.
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INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
Cedar Mill Lake Macquarie
A $235 million tourism and event precinct being revitalised on the 90-hectare former Morisset Country Club site. Initially approved with a 30,000-capacity amphitheatre, the project was significantly downsized in 2025 to feature a 10,000-capacity indoor arena and a 5,000-capacity outdoor stage. The precinct plans include dining, retail, a splash park, and tourist accommodation. While early site works and intersection upgrades are progressing, revised development applications are pending submission as of early 2026.
Trinity Point Marina & Resort Development
A $665 million luxury carbon-neutral waterfront destination on Lake Macquarie. The State Significant Development (SSD) includes a Koichi Takada-designed 5-star hotel with 153 rooms, 160 luxury residential apartments across six buildings, and a 188-berth world-class marina. Key features include two 300-seat signature restaurants, a holistic wellness sanctuary/medispa, a floating helipad, and a public foreshore boardwalk. The project aims for a 4-Star Green Star certification and serves as a major tourism catalyst for the region.
Eraring Battery Energy Storage System
The Eraring Battery Energy Storage System (BESS) is a grid-scale project located at the site of the Eraring Power Station. The project is being delivered in four stages across two phases to provide critical firming capacity for the NSW grid. Phase One (Stages 1 and 3) is now operational as of late 2025, providing 460 MW / 1770 MWh. Phase Two (Stages 2 and 4) is currently under construction, which will add 240 MW / 1390 MWh. Upon full completion in early 2027, the combined system will reach 700 MW / 3160 MWh with an average dispatch duration of 4.5 hours, making it the largest battery in the Southern Hemisphere.
Life & Home Bulky Goods Centre, Morisset
A landmark large format retail (LFR) development spanning 9 hectares with 30,000sqm of gross lettable area. Strategically located near the M1 Motorway, it features major national tenants including Aldi, Hungry Jacks, Oporto, Starbucks, Pet Quarters, and Repco. The precinct serves as a vital service hub for the growing Lake Macquarie region, incorporating over 700 car spaces and community facilities such as a medical centre and childcare.
Watagan Park Central
Watagan Park Central is a vibrant retail and community hub serving the Cooranbong area. Stage 1 officially opened on December 10, 2025, anchored by a 3,660 sqm full-line Woolworths supermarket. The centre features approximately 23 specialty stores including Bakers Delight and Star Nails, a medical centre, and a 147 sqm civic town square. Future stages are planned to include a 6-story apartment building and additional commercial spaces, integrating with nearby sports facilities and schools.
Morisset Place Strategy
A long-term strategic plan by Lake Macquarie City Council to guide the future development and growth of Morisset as a regionally significant growth area. It includes a vision for the types, scale, and locations of development and services, supported by various studies (e.g., biodiversity, Aboriginal cultural heritage). A draft strategy is being prepared for public exhibition, which is expected to occur in 2026.
Bawarramalang, Morisset Community Hub
A community hub combining versatile and adaptable community facilities, a new library, and commercial offerings in 4600 square metres of activated space to energise a new town square in Morisset. The concept design will inform the project's business case.
Mandalong Road Upgrade, Morisset
The upgrade will replace the existing roundabout at the Mandalong Road/Freemans Drive/Dora Street/Wyee Road intersection with new traffic lights, add through and turning lanes, medians, a shared user path, and two new bus stops on Dora Street. The project aims to improve congestion, safety, and support planned retail, industrial, and commercial growth in Morisset. The project is a joint initiative of the Australian and NSW Governments.
Employment
Morisset - Cooranbong has seen below average employment performance when compared to national benchmarks
Morisset-Cooranbong has a skilled workforce with prominent representation in essential services sectors. The unemployment rate was 3.8% as of September 2025, aligning with the Rest of NSW's rate. Employment growth over the past year was estimated at 3.5%.
There were 9,044 residents employed while workforce participation stood at 56.3%, significantly lower than the Rest of NSW's 61.5%. Approximately 23.8% of residents worked from home, potentially influenced by Covid-19 lockdowns. Key industries for employment include health care & social assistance, construction, and retail trade. Construction stands out with employment levels at 1.4 times the regional average, while agriculture, forestry & fishing has limited presence at 1.7% compared to the region's 5.3%.
Many residents commute elsewhere for work, indicating local employment opportunities may not fully meet demand. Between September 2024 and 2025, employment increased by 3.5%, labour force by 4.0%, leading to a 0.5 percentage point rise in unemployment. In contrast, Rest of NSW saw employment decline by 0.5% and unemployment rise by 0.4 percentage points over the same period. National employment forecasts from Jobs and Skills Australia, released in May-25, project national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Morisset-Cooranbong's employment mix suggests local employment could increase by 6.6% over five years and 13.7% over ten years, though this is a simplified extrapolation for illustrative purposes only.
Frequently Asked Questions - Employment
Income
Income levels sit below national averages according to AreaSearch assessment
AreaSearch's latest postcode level ATO data for financial year ending June 2023 shows median income in Morisset - Cooranbong SA2 was $52,764 and average income was $63,567. In comparison, Rest of NSW had a median income of $52,390 and an average income of $65,215. Based on Wage Price Index growth of 8.86% from June 2023 to September 2025, estimated current incomes are approximately $57,439 (median) and $69,199 (average). According to Census 2021 data, household, family, and personal incomes in Morisset - Cooranbong fall between the 20th and 26th percentiles nationally. Income distribution shows that 28.7% of locals (6,307 people) earn between $1,500 and $2,999 annually, similar to surrounding regions at 29.9%. Housing affordability is severe, with only 81.4% of income remaining after housing costs, ranking at the 23rd percentile. The area's SEIFA income ranking places it in the 4th decile.
Frequently Asked Questions - Income
Housing
Morisset - Cooranbong is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership
In Morisset-Cooranbong as per the latest Census, 84.4% of dwellings were houses, with the remaining 15.6% being semi-detached, apartments, or other types. This compares to Non-Metro NSW's figures of 82.6% houses and 17.4% other dwellings. Home ownership in Morisset-Cooranbong stood at 40.3%, similar to Non-Metro NSW. Of the remaining dwellings, 35.8% were mortgaged and 23.9% rented. The median monthly mortgage repayment was $2,000, higher than Non-Metro NSW's average of $1,733. Median weekly rent in Morisset-Cooranbong was $380, compared to Non-Metro NSW's $330. Nationally, Morisset-Cooranbong's mortgage repayments exceeded the Australian average of $1,863, while rents were higher than the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Morisset - Cooranbong has a typical household mix, with a higher-than-average median household size
Family households comprise 69.8% of all households, including 27.9% couples with children, 29.7% couples without children, and 11.3% single parent families. Non-family households account for the remaining 30.2%, with lone person households at 27.0% and group households comprising 3.1% of the total. The median household size is 2.5 people, which is larger than the Rest of NSW average of 2.4.
Frequently Asked Questions - Households
Local Schools & Education
Educational outcomes in Morisset - Cooranbong fall within the lower quartile nationally, indicating opportunities for improvement in qualification attainment
The area's university qualification rate is 18.2%, significantly lower than the NSW average of 32.2%. This disparity presents both a challenge and an opportunity for targeted educational initiatives. Bachelor degrees are the most common, with 12.1% of residents holding such qualifications, followed by postgraduate qualifications (4.2%) and graduate diplomas (1.9%). Vocational credentials are prevalent among residents aged 15+, with 42.1% holding these skills, including advanced diplomas (10.4%) and certificates (31.7%).
Educational participation is high, with 25.5% of residents currently enrolled in formal education. This includes 9.1% in primary education, 6.3% in secondary education, and 4.2% pursuing tertiary education.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is moderate compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Morisset-Cooranbong has 174 active public transport stops offering a mix of train and bus services. These stops are served by 88 individual routes, collectively providing 2,250 weekly passenger trips. Transport accessibility is rated as good, with residents typically located 340 meters from the nearest stop. Most residents commute outward due to its primarily residential nature. Car remains the dominant mode of transport at 94%, with an average vehicle ownership of 1.6 per dwelling. According to the 2021 Census, 23.8% of residents work from home, which may reflect COVID-19 conditions.
Service frequency averages 321 trips per day across all routes, equating to approximately 12 weekly trips per individual stop. The accompanying map displays the 100 nearest stops to the location's centrepoint.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Health performance in Morisset - Cooranbong is well below average with a range of health conditions having marked impacts on both younger and older age cohorts
Morisset-Cooranbong faces substantial health challenges based on AreaSearch's assessment. Mortality rates and chronic condition prevalence are high across various age cohorts.
Private health cover is relatively low at approximately 50% of the total population (~11,098 people), compared to the national average of 55.7%. The most common medical conditions in the area are arthritis (11.1%) and mental health issues (10.3%). However, 58.4% of residents declare themselves completely clear of medical ailments, which is lower than the Rest of NSW's 63.3%. Working-age residents face notable health challenges with elevated chronic condition rates. The area has a higher proportion of seniors aged 65 and over (24.5%, or 5,377 people) compared to Rest of NSW (23.4%). Health outcomes among seniors present some challenges, with national rankings broadly in line with the general population.
Frequently Asked Questions - Health
Cultural Diversity
Morisset - Cooranbong is considerably less culturally diverse than average when assessed alongside AreaSearch's national rankings for language and cultural background related metrics
Morisset-Cooranbong was found to have low cultural diversity, with 85.9% of its population born in Australia, 92.2% being citizens, and 95.0% speaking English only at home. Christianity is the dominant religion in Morisset-Cooranbong, comprising 59.9% of people, compared to 55.9% across Rest of NSW. The top three ancestry groups are English (32.9%), Australian (30.4%), and Scottish (7.9%).
Notably, Samoan (0.4%) and Maltese (0.7%) groups are overrepresented in Morisset-Cooranbong compared to regional averages of 0.1% and 0.4%, respectively. However, the representation of Australian Aboriginal people is lower at 3.8%, compared to the regional average of 4.6%.
Frequently Asked Questions - Diversity
Age
Morisset - Cooranbong hosts an older demographic, ranking in the top quartile nationwide
Morisset-Cooranbong's median age of 45 years is modestly higher than Rest of NSW's 43, and considerably older than Australia's national norm of 38. Compared to the Rest of NSW average, the 85+ cohort is notably over-represented at 4.1% locally, while the 45-54 age group is under-represented at 10.0%. Between 2021 and now, younger residents have shifted the median age down by 1.1 years to 45. Specifically, the 35-44 age group grew from 10.2% to 12.1%, and the 25-34 cohort increased from 11.1% to 12.4%. Conversely, the 85+ cohort declined from 5.2% to 4.1%, and the 45-54 group dropped from 11.1% to 10.0%. Population forecasts for 2041 indicate substantial demographic changes in Morisset-Cooranbong, with the 25-34 cohort projected to grow by 51%, adding 1,396 residents to reach 4,122.