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Sales Activity
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Population
Morisset - Cooranbong lies within the top 10% of areas nationally in terms of population growth performance according to AreaSearch analysis of short and medium-term trends
Morisset-Cooranbong's population, as of November 2025, is approximately 21,206. This figure represents an increase of 3,077 people since the 2021 Census, which recorded a population of 18,129. The growth was inferred from ABS' estimated resident population of 20,426 in June 2024 and validated new addresses totalling 1,521 since the Census date. This results in a population density of 64 persons per square kilometer. Morisset-Cooranbong's 17.0% growth exceeded the non-metro area's 5.1% increase and was driven primarily by interstate migration contributing approximately 90.1% of overall population gains. AreaSearch uses ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022.
For areas not covered by this data, 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. Future population trends predict exceptional growth for Morisset-Cooranbong, placing it in the top 10 percent of national regional areas. By 2041, the area is expected to expand by 9,992 persons based on latest population numbers, recording a total gain of 42.9% over the 17-year period.
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 financial years FY-21 and FY-25, around 1,713 homes were approved, with an additional 160 approved in FY-26 so far. On average, about 1.9 people moved to the area per dwelling built over these five years.
This suggests a balance between supply and demand, maintaining stable market conditions. The average construction cost of new properties was around $296,000. In FY-26, there have been approximately $52.7 million in commercial approvals, indicating significant commercial development activity. Compared to the rest of NSW, Morisset-Cooranbong has 110% more construction activity per person, reflecting strong developer confidence in the area. New developments consist of 76% detached dwellings and 24% medium to high-density housing, preserving the area's traditional low-density character while offering some variety in housing types.
With around 59 people per approval, Morisset-Cooranbong is a developing area with population forecasts indicating a gain of 9,105 residents by 2041. Current development levels appear aligned with future requirements, suggesting stable market conditions without significant price pressures.
Frequently Asked Questions - Development
Infrastructure
Morisset - Cooranbong has strong levels of nearby infrastructure activity, ranking in the top 30% nationally
AreaSearch has identified 38 projects that could impact the area, with key initiatives including Trinity Point Marina & Resort Development, Life & Home Bulky Goods Centre in Morisset, Cedar Mill Lake Macquarie, and Mandalong Road Upgrade in Morisset. The following list details those likely to be most relevant.
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INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
Cedar Mill Lake Macquarie
A $600 million tourism and entertainment precinct featuring a 10,000-capacity indoor arena, 5,000-capacity outdoor amphitheatre, dining and retail precincts, aquatic play park, resort-style accommodation, and extensive public domain areas. The revised proposal was approved by the NSW Government in late 2024 and is moving toward financial close and early works in 2026.
Trinity Point Marina & Resort Development
Luxury waterfront master-planned community on Lake Macquarie featuring a completed 188-berth marina, 180 luxury apartments (stages largely complete), a 5-star 220-room hotel under construction (Johnson Property Group / 8Hotels), waterfront dining, wellness centre, day spa, function facilities and public boardwalk. The marina is fully operational with vessels up to 30m, 24/7 security and high-speed Wi-Fi.
Life & Home Bulky Goods Centre, Morisset
A large format bulky goods retail centre spanning 9 hectares, providing 30,000mý of gross lettable area, featuring national retailers such as Aldi, and specialty outlets, plus vital community services like a medical centre and childcare. The development is designed to fill a retail and service gap in the western Lake Macquarie region, and includes significant infrastructure upgrades, including road enhancements connecting to the M1.
Watagan Park Central
Watagan Park Central is the new town centre for Cooranbong, currently under construction. Anchored by a full-line Woolworths supermarket, the centre includes approximately 20-23 specialty stores, medical and health services, a civic town square, and over 300 car spaces in Stage 1 (approx. 6,700 sqm GLA). Future stages include potential mixed-use and apartment development above retail.
Eraring Battery Energy Storage System
Large-scale battery energy storage system (BESS) at Origin Energy's Eraring Power Station, being built in multiple stages to support NSW grid reliability. Stage 1 (460 MW / 1073 MWh) targeting commercial operation by end of 2025. Stage 2 (240 MW / 1030 MWh) under construction, with delivery expected by early 2027. Stage 3 approved to extend storage duration of the overall system to approximately four hours across 700 MW and about 2800 MWh. Key delivery partners include Wartsila (battery systems), Enerven (balance of plant) and Lumea (HV substation).
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 notable representation in essential services sectors. The unemployment rate was 3.5% as of June 2025, which is 0.1% lower than the Rest of NSW's rate of 3.7%.
Employment growth over the past year was estimated at 2.3%. There were 8,778 residents in work during this period. Workforce participation in Morisset-Cooranbong lagged behind the Rest of NSW at 51.2% compared to 56.4%. Key industries of employment among residents are health care & social assistance, construction, and retail trade.
Construction has a particularly notable concentration with employment levels at 1.4 times the regional average. Agriculture, forestry & fishing has limited presence with 1.7% employment compared to 5.3% regionally. Many residents commute elsewhere for work based on Census data. Over the 12-month period ending June 2025, employment increased by 2.3%, labour force increased by 2.4%, and unemployment rose by 0.1 percentage points. In comparison, Rest of NSW recorded an employment decline of 0.1%, labour force growth of 0.3%, with unemployment rising 0.4 percentage points. Jobs and Skills Australia's national employment forecasts from May 2025 project national employment expansion at 6.6% over five years and 13.7% over ten years. Applying these projections to Morisset-Cooranbong's employment mix suggests local growth of approximately 6.6%% over five years and 13.7% over ten years.
Frequently Asked Questions - Employment
Income
Income levels sit below national averages according to AreaSearch assessment
AreaSearch's data for financial year 2022 shows median income in Morisset - Cooranbong was $49,051 and average income was $60,498. This is below national averages of $49,459 (median) and $62,998 (average) for Rest of NSW. Based on a 12.61% Wage Price Index growth since FY2022, estimated incomes as of September 2025 are approximately $55,236 (median) and $68,127 (average). Census 2021 data places Morisset - Cooranbong's household, family, and personal incomes between the 21st and 27th percentiles nationally. The predominant income cohort spans 28.7% of locals (6,086 people) in the $1,500-$2,999 category, consistent with surrounding regions at 29.9%. Housing affordability pressures are severe, with only 81.4% of income remaining, 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 evaluation, 84.4% of dwellings were houses, with the remaining 15.6% comprising semi-detached homes, apartments, and other types. This contrasts with Non-Metro NSW's figures of 89.7% houses and 10.2% other dwellings. Home ownership in Morisset-Cooranbong stood at 40.3%, with mortgaged properties at 35.8% and rented dwellings at 23.9%. The median monthly mortgage repayment in the area was $2,000, higher than Non-Metro NSW's average of $1,900. The median weekly rent was recorded at $380, matching Non-Metro NSW's figure. 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 fairly typical median household size
Family households account for 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 constitute the remaining 30.2%, with lone person households at 27.0% and group households comprising 3.1%. The median household size is 2.5 people, which aligns with the Rest of NSW average.
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%. Bachelor degrees are the most common at 12.1%, followed by postgraduate qualifications (4.2%) and graduate diplomas (1.9%). Vocational credentials are prevalent, with 42.1% of residents aged 15+ holding such qualifications - advanced diplomas (10.4%) and certificates (31.7%). Educational participation is high, with 25.5% of residents currently enrolled in formal education: 9.1% in primary, 6.3% in secondary, and 4.2% in tertiary education.
Morisset - Cooranbong has a robust network of 8 schools educating approximately 2,985 students, with typical Australian school conditions (ICSEA: 969) offering balanced educational opportunities. The educational mix includes 5 primary, 1 secondary, and 2 K-12 schools.
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
The analysis shows that there are 143 active transport stops in Morisset - Cooranbong area. These stops offer a mix of train and bus services. There are 88 individual routes servicing these stops, collectively providing 2,257 weekly passenger trips.
The report rates transport accessibility as good, with residents typically located 342 meters from the nearest stop. On average, there are 322 trips per day across all routes, equating to approximately 15 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Health performance in Morisset - Cooranbong is a key challenge with a range of health conditions having marked impacts on both younger and older age cohorts
Morisset-Cooranbong faces significant health challenges, with various conditions affecting both younger and older residents. Approximately half (50%) of the area's total population (~10,603 people) has private health cover, lower than the national average of 55.3%.
The most prevalent medical conditions are arthritis (11.1% of residents) and mental health issues (10.3%). Conversely, 58.4% of residents report having no medical ailments, compared to 60.3% in Rest of NSW. Residents aged 65 and over comprise 24.8% of the population (5,261 people), higher than the 21.9% seen in Rest of NSW. Senior health outcomes align with those of 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 had a cultural diversity below average, with 85.9% of its population born in Australia, 92.2% being citizens, and 95.0% speaking English only at home. The predominant religion was Christianity, at 59.9%, compared to 54.0% across the Rest of NSW. The top three ancestry groups were English (32.9%), Australian (30.4%), and Scottish (7.9%).
Notably, Samoan representation was higher than regional averages at 0.4%, Maltese at 0.7%, and Australian Aboriginal at 3.8%.
Frequently Asked Questions - Diversity
Age
Morisset - Cooranbong hosts an older demographic, ranking in the top quartile nationwide
Morisset-Cooranbong has a median age of 45 years, which is slightly higher than the Rest of NSW's median age of 43 and considerably older than the national norm of 38. Compared to the Rest of NSW average, Morisset-Cooranbong has an over-representation of the 85+ cohort (4.2% locally), while the 45-54 age group is under-represented (10.2%). Between 2021 and present, the population aged 35 to 44 grew from 10.2% to 11.7%, and the 25 to 34 cohort increased from 11.1% to 12.2%. Conversely, the 65 to 74 age group declined from 12.5% to 11.4%, and the 85+ group dropped from 5.2% to 4.2%. Demographic projections suggest that by 2041, Morisset-Cooranbong's age profile will change significantly. The 25 to 34 age cohort is projected to grow substantially, increasing by 1,532 people (59%) from 2,589 to 4,122.