Korora

Korora lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends

As of Nov 2025, Korora's population is estimated at around 2,955, reflecting an increase of 215 people since the 2021 Census. This change is inferred from AreaSearch's resident population estimate of 2,837 in Jun 2024 and additional validated new addresses since the Census date. The Korora statistical area (Lv2) has a population density ratio of 178 persons per square kilometer. Since the 2021 Census, Korora's growth rate exceeded that of its SA3 area and non-metro areas, marking it as a growth leader in the region. Overseas migration contributed approximately 41% to overall population gains during recent periods, with natural growth and interstate migration also positive factors. AreaSearch projections foresee significant population increase in Korora by 2041, with an expected expansion of 1,180 persons based on aggregated SA2-level projections, reflecting a gain of 38.1% over the 17 years.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data, AreaSearch is utilising the NSW State Government's SA2 level projections, as released in 2022 with 2021 as the base year. Growth rates by age group from these aggregations are also applied to all areas for years 2032 to 2041. Moving forward with demographic trends, a significant population increase in the top quartile of Australian non-metropolitan areas is forecast, with the area expected to expand by 1,180 persons to 2041 based on aggregated SA2-level projections, reflecting recording a gain of 38.1% in total over the 17 years.

Recent residential development output has been above average within Korora when compared nationally

AreaSearch analysis of ABS building approval numbers shows Korora averaged approximately 8 new dwelling approvals per year over the past five financial years, totalling an estimated 42 homes. As of FY-26, 6 approvals have been recorded. Between FY-21 and FY-25, an average of 5.9 people moved to the area for each dwelling built, indicating demand significantly exceeds new supply. New properties are constructed at an average expected cost of $482,000, targeting the premium market segment with higher-end properties.

This financial year has seen $307,000 in commercial approvals, suggesting a predominantly residential focus. Comparatively, Korora shows approximately 75% of the construction activity per person when measured against Rest of NSW. Nationally, it places among the 58th percentile of areas assessed, though building activity has accelerated in recent years. This level reflects market maturity and possible development constraints.

New development consists of 89.0% detached houses and 11.0% attached dwellings, preserving the area's low density nature and attracting space-seeking buyers with an average of 261 people per dwelling approval. Future projections estimate Korora will add approximately 1,127 residents by 2041, based on the latest AreaSearch quarterly estimate. At current development rates, housing supply may struggle to match population growth, potentially heightening buyer competition and supporting price increases.

Korora has moderate levels of nearby infrastructure activity, ranking in the top 50% nationally

No changes can influence an area's performance more than modifications to local infrastructure, major projects, and planning initiatives. Zero projects have been identified by AreaSearch that may impact the area. Key projects include Coffs Harbour Bypass, Pacific Highway Upgrade: Hexham To Brisbane, Queensland New South Wales Interconnector, and Low and Mid-Rise Housing Policy, with the following list detailing those likely to be most relevant.

Professional plan users can use the search below to filter and access additional projects.

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Employment conditions in Korora demonstrate strong performance, ranking among the top 35% of areas assessed nationally

Korora's workforce is highly educated with strong representation in essential services sectors. The unemployment rate was 2.6% as of September 2025, with an estimated employment growth of 2.9% over the past year.

This rate is 1.2% lower than Rest of NSW's rate of 3.8%. Workforce participation in Korora stands at 62.0%, compared to Rest of NSW's 56.4%. Key sectors for residents are health care & social assistance, construction, and education & training. Notably, health care & social assistance employs 1.2 times the regional average, while manufacturing employs only 2.6% of local workers, lower than Rest of NSW's 5.8%.

From September 2024 to September 2025, employment in Korora increased by 2.9%, with a labour force increase of 4.0%, leading to a rise in unemployment rate by 1.1 percentage points. In contrast, Rest of NSW saw employment contraction of 0.5%, labour force decrease of 0.1%, and an unemployment rate rise of 0.4 percentage points. Statewide, as of 25-Nov-25, NSW experienced a slight employment contraction of 0.03% (losing 2,260 jobs), with the state unemployment rate at 3.9%. Nationally, the unemployment rate was 4.3%. National employment forecasts from Jobs and Skills Australia indicate growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Korora's current employment mix suggests local employment could increase by 7.0% over five years and 14.4% over ten years, though these are simple extrapolations for illustrative purposes only.

Income levels sit below national averages according to AreaSearch assessment

According to AreaSearch's aggregation of the latest postcode level ATO data released for financial year 2023, Korora had a median income among taxpayers of $44,752 and an average income of $56,515. This is below the national average, which stands at $52,390 in Rest of NSW respectively. Based on Wage Price Index growth of 8.86% since financial year 2023, current estimates would be approximately $48,717 for median income and $61,522 for average income as of September 2025. Census data reveals that household, family and personal incomes in Korora cluster around the 55th percentile nationally. Distribution data shows that the $1,500 - 2,999 earnings band captures 33.1% of the community (978 individuals), which is consistent with broader trends across the region showing 29.9% in the same category. After housing expenses, 86.0% of income remains for other expenses. The area's SEIFA income ranking places it in the 6th decile.

Korora is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

Dwelling structure in Korora, as evaluated at the latest Census, comprised 79.1% houses and 20.9% other dwellings. In comparison, Non-Metro NSW had 78.4% houses and 21.6% other dwellings. Home ownership in Korora was higher than Non-Metro NSW at 43.0%, with the rest mortgaged (34.6%) or rented (22.4%). The median monthly mortgage repayment was $1,950, above Non-Metro NSW's average of $1,733. Median weekly rent in Korora was $450, compared to Non-Metro NSW's $370. Nationally, Korora's mortgage repayments were higher than the Australian average of $1,863, while rents were substantially above the national figure of $375.

Korora features high concentrations of family households, with a higher-than-average median household size

Family households account for 78.5% of all households, including 28.2% couples with children, 37.8% couples without children, and 11.3% single parent families. Non-family households constitute the remaining 21.5%, with lone person households at 18.8% and group households comprising 2.8%. The median household size is 2.6 people, which is larger than the Rest of NSW average of 2.4.

The educational profile of Korora exceeds national averages, with above-average qualification levels and academic performance metrics

Korora's educational attainment exceeds broader benchmarks significantly. Among residents aged 15+, 31.3% hold university qualifications, compared to 19.8% in the SA4 region and 21.3% in the Rest of NSW. This notable advantage positions Korora strongly for knowledge-based opportunities. Bachelor degrees lead at 21.4%, followed by postgraduate qualifications (5.8%) and graduate diplomas (4.1%).

Trade and technical skills are prominent, with 38.2% of residents aged 15+ holding vocational credentials – advanced diplomas (13.4%) and certificates (24.8%). Educational participation is notably high, with 26.4% of residents currently enrolled in formal education. This includes 9.6% in primary education, 8.5% in secondary education, and 2.7% pursuing tertiary education.

Transport servicing is moderate compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Transport analysis shows 33 active stops in Korora, served by buses on 31 routes. These routes offer 226 weekly passenger trips. Residents' average distance to the nearest stop is 151 meters, rated excellent accessibility.

Service frequency averages 32 daily trips per route, equating to about 6 weekly trips per stop.

Korora's residents are healthier than average in comparison to broader Australia with a fairly standard level of common health conditions seen across both young and old age cohorts

Korora residents show relatively positive health outcomes, with common conditions seen across both young and old age cohorts at a fairly standard level. Approximately 49% of Korora's total population (~1,457 people) have private health cover, compared to the national average of 55.7%.

The most prevalent medical conditions are arthritis (affecting 9.0% of residents) and mental health issues (8.0%), while 68.8% report having no medical ailments, higher than Rest of NSW's 63.9%. Korora has 24.1% of residents aged 65 and over (712 people), with seniors exhibiting strong health outcomes that surpass the general population in health metrics.

Korora ranks below the Australian average when compared to other local markets across a number of language and cultural background related metrics

Korora's population showed low cultural diversity, with 80.1% born in Australia and 91.0% being citizens. English was the primary language spoken at home by 91.5%. Christianity dominated Korora's religious landscape, accounting for 47.0% of its population.

Judaism was slightly overrepresented compared to Rest of NSW, with 0.1% versus 0.1%. The top three ancestral groups were English (32.4%), Australian (25.3%), and Irish (10.3%). Some ethnic groups had notable divergences: Scottish at 8.9% in Korora versus 8.3% regionally, South African at 0.6% versus 0.3%, and Hungarian at 0.3% versus 0.2%.

Korora hosts a notably older demographic compared to the national average

Korora's median age of 44 years is similar to Rest of NSW's 43 and well above the national average of 38 years. Compared to Rest of NSW, Korora has a higher proportion of residents aged 65-74 (14.9%) but fewer residents aged 15-24 (10.0%). This concentration of 65-74 year-olds is significantly higher than the national average of 9.4%. Between the 2021 Census and the present, the proportion of Korora's population aged 75 to 84 has increased from 6.4% to 7.4%, while the proportion of those aged 55 to 64 has decreased from 13.9% to 12.3%. By the year 2041, Korora is projected to experience notable shifts in its age composition, with the 45 to 54 age group expected to grow by 46%, increasing from 375 to 549 people.