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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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Sales Detail
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
Morisset-Cooranbong's population, as of November 2025, is approximately 21,206, reflecting a 17.0% increase since the 2021 Census which reported a population of 18,129. This growth is inferred from an estimated resident population of 20,426 in June 2024 and an additional 1,521 validated new addresses since the Census date. The population density is around 64 persons per square kilometer. Morisset-Cooranbong's growth rate exceeded that of non-metro areas (5.1%) and its SA4 region, making it a growth leader in the area. Interstate migration contributed approximately 90.1% to overall population gains recently. AreaSearch uses ABS/Geoscience Australia projections for each SA2 area released in 2024 with a base year of 2022, and NSW State Government's SA2 level projections for areas not covered by this data, released in 2022 with a base year of 2021.
Growth rates by age group are applied to all areas from these aggregations for years 2032 to 2041. By 2041, the area is projected to grow by 9,992 persons, reflecting a total gain of 42.9% over the 17-year period based on the latest annual ERP population numbers.
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. From FY-21 to FY-25, 1713 homes were approved, with a further 190 approved in FY-26. On average, 1.9 people moved to the area per dwelling built over these five years.
The average construction value of new properties was $296,000. In FY-26, commercial approvals totalled $52.7 million. Compared to the rest of NSW, Morisset-Cooranbong had 110.0% more construction activity per person. New development consisted of 76.0% detached dwellings and 24.0% medium-high density housing. The area had around 59 people per approval.
By 2041, the population is forecast to increase by 9105 residents. Existing development levels align with future requirements, maintaining 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 40% nationally
Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 38 projects likely impacting the area. Notable ones include Trinity Point Marina & Resort Development, Life & Home Bulky Goods Centre in Morisset, Cedar Mill Lake Macquarie, and Mandalong Road Upgrade in Morisset. Relevant projects are detailed below.
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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 significant representation in essential services sectors. The unemployment rate was 3.8% as of September 2025, matching the Rest of NSW's rate.
Employment growth over the past year was estimated at 3.5%. There were 9,044 residents employed at this time, while workforce participation was lower than the regional average (51.2% compared to 56.4%). Key industries for employment among residents are health care & social assistance, construction, and retail trade. Notably, construction has a high concentration with employment levels at 1.4 times the regional average.
Agriculture, forestry & fishing has limited presence with only 1.7% of employment compared to the regional average of 5.3%. Many residents commute elsewhere for work based on Census data. In the 12 months prior, employment increased by 3.5%, while labour force increased by 4.0%, leading to a rise in unemployment of 0.5 percentage points. Rest of NSW experienced an employment decline of 0.5% and a slight labour force decrease of 0.1%. State-level data from 25-Nov shows NSW employment contracted by 0.03%, with the state unemployment rate at 3.9%. National employment forecasts suggest growth of 6.6% over five years and 13.7% over ten years, but industry-specific projections vary significantly. Applying these projections to Morisset-Cooranbong's employment mix indicates potential local employment increases of 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
Income data from AreaSearch for financial year 2022 shows median assessed income in Morisset - Cooranbong SA2 was $49,051. Average income stood at $60,498. This is below the national average. In comparison, Rest of NSW had a median income of $49,459 and an average income of $62,998. Based on Wage Price Index growth of 12.61% since financial year 2022, estimated current incomes as of September 2025 are approximately $55,236 (median) and $68,127 (average). Census 2021 income data indicates household, family and personal incomes in Morisset - Cooranbong fall between the 20th and 26th percentiles nationally. Income distribution shows that 28.7% of locals (6,086 people) are in the $1,500 - 2,999 income category. This is 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
The dwelling structure in Morisset-Cooranbong, as per the latest Census, consisted of 84.4% houses and 15.6% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Non-Metro NSW's 89.7% houses and 10.2% other dwellings. Home ownership in Morisset-Cooranbong stood at 40.3%, with the rest either mortgaged (35.8%) or rented (23.9%). The median monthly mortgage repayment was $2,000, surpassing Non-Metro NSW's average of $1,900. The median weekly rent figure 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 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 make up 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, matching 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%. This discrepancy presents both a challenge and an opportunity for targeted educational initiatives. Bachelor degrees are the most prevalent at 12.1%, followed by postgraduate qualifications (4.2%) and graduate diplomas (1.9%). Trade and technical skills are prominent, with 42.1% of residents aged 15+ holding vocational credentials – 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 143 active public transport stops serving a mix of train and bus services. These stops are covered by 88 different routes, offering a total of 2,257 weekly passenger trips. Residents' average proximity to the nearest stop is 342 meters, indicating good accessibility.
On average, there are 322 trips per day across all routes, translating to about 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 its 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%), while 58.4% 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% in Rest of NSW. Health outcomes among seniors largely mirror 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 and 92.2% being citizens. English was the language spoken at home by 95.0%. Christianity was the predominant religion, accounting for 59.9%, compared to 54.0% across Rest of NSW.
The top three ancestry groups were English (32.9%), Australian (30.4%), and Scottish (7.9%). Notably, Samoan representation was higher at 0.4% compared to the regional average of 0.3%, Maltese at 0.7% versus 0.4%, and Australian Aboriginal at 3.8% versus 4.5%.
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 average of 38. Compared to the Rest of NSW average, Morisset-Cooranbong has an over-representation of the 85+ cohort (4.2% locally) and an under-representation of the 45-54 age group (10.2%). Between 2021 and present, the population aged 35 to 44 increased from 10.2% to 11.7%, while those aged 25 to 34 rose from 11.1% to 12.2%. Conversely, the 65 to 74 age group decreased from 12.5% to 11.4%, and the 85+ cohort dropped from 5.2% to 4.2%. Demographic projections suggest that by 2041, Morisset-Cooranbong's age profile will change significantly, with the 25 to 34 age group projected to grow by 1,532 people (59%), reaching a total of 4,122 individuals.