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 2,848, reflecting an increase of 108 people since the 2021 Census. The ABS ERP estimate for Jun 2024 showed a resident population of 2,736 in Korora and its surrounding areas. This increase is attributed to 10 validated new addresses since the Census date. The current density ratio is 171 persons per square kilometer. Over the past decade, Korora has shown resilient growth with a compound annual growth rate of 2.5%, outpacing other SA3 areas. Overseas migration contributed approximately 41% to population gains during recent periods, although all drivers were positive factors.

AreaSearch projections for Korora are based on ABS/Geoscience Australia data released in 2024 with a 2022 base year. For areas not covered by this data, NSW State Government's SA2 level projections from 2022 with a 2021 base year are used. Considering these projections, Korora is expected to grow by 1,181 persons to 2041, reflecting an increase of 43.4% over the 17 years.

Residential development activity is slightly higher than average within Korora when compared nationally

Based on AreaSearch analysis of ABS building approval numbers, allocated from statistical area data, Korora averaged around 7 new dwelling approvals per year. Between FY-21 and FY-25, an estimated 36 homes were approved, with another 3 so far in FY-26. This averages out to approximately 6.9 new residents per home built over the past five financial years.

The demand significantly exceeds new supply, typically leading to price growth and increased buyer competition. New dwellings are developed at an average expected construction cost of $482,000. In FY-26, $57,000 in commercial approvals have been registered, indicating minimal commercial development activity compared to residential. When compared to the Rest of NSW, Korora has around two-thirds the rate of new dwelling approvals per person and places among the 48th percentile nationally when assessed for areas with similar characteristics.

This suggests more limited choices for buyers, supporting demand for existing properties. The area's maturity and potential planning constraints contribute to this lower-than-average national level of development. New development consists of 88.0% detached houses and 12.0% attached dwellings, preserving the area's low-density nature and attracting space-seeking buyers. Korora has approximately 338 people per dwelling approval, indicating a low density market. According to AreaSearch's latest quarterly estimate, Korora is forecasted to gain 1,235 residents by 2041. If current development rates continue, housing supply may not keep pace with population growth, potentially increasing buyer competition and supporting stronger price growth.

Korora has moderate levels of nearby infrastructure activity, ranking in the 48thth percentile nationally

No changes can affect an area's performance more than modifications to local infrastructure, major projects, and planning initiatives. Zero projects have been identified by AreaSearch that could potentially impact this area. Notable projects include Coffs Harbour Bypass, Pacific Highway Upgrade: Hexham To Brisbane, Queensland New South Wales Interconnector, and Low and Mid-Rise Housing Policy. The following list provides details on those likely to be most relevant.

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

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The labour market in Korora shows considerable strength compared to most other Australian regions

Korora has an educated workforce with significant representation in essential services sectors. The unemployment rate is 2.8%, lower than the national average of 3.7%.

Over the past year, employment grew by 2.5%. As of June 2025, 1,413 residents are employed, with a participation rate of 62.0% compared to the Rest of NSW's 56.4%. Key industries include health care & social assistance, construction, and education & training. Notably, health care & social assistance employment is at 1.2 times the regional average.

Manufacturing, however, is under-represented with only 2.6% of Korora's workforce compared to Rest of NSW's 5.8%. Local employment opportunities appear limited, indicated by the difference between Census working population and resident population. Between June 2024 and June 2025, employment levels increased by 2.5%, labour force by 3.9%, leading to a 1.4 percentage point rise in unemployment. In contrast, Rest of NSW saw employment fall by 0.1% with a 0.3% labour force expansion and a 0.4 percentage point unemployment increase. Jobs and Skills Australia's national employment forecasts from Sep-22 project overall growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Korora's industry mix suggests local employment should increase by 7.0% over five years and 14.4% over ten years, although this is a simple extrapolation for illustrative purposes only.

Income levels sit below national averages according to AreaSearch assessment

According to AreaSearch's aggregation of ATO data released for financial year 2022, Korora had a median taxpayer income of $44,752 and an average income of $56,515. Nationally, the median was $49,459 and the average was $62,998. By September 2025, estimates suggest the median would be approximately $50,395 and the average $63,642, based on a 12.61% Wage Price Index growth since financial year 2022. The 2021 Census showed Korora's incomes cluster around the 55th percentile nationally. Incomes between $1,500 and $2,999 accounted for 33.1% of individuals (942 people), similar to the surrounding region at 29.9%. After housing expenses, 86.0% of income remained for other costs. Korora's SEIFA income ranking was in the 6th decile.

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

In Korora, as per the latest Census evaluation, 79.1% of dwellings were houses, with the remaining 20.9% consisting of semi-detached homes, apartments, and other types. This is comparable to Non-Metro NSW's figures of 78.4% houses and 21.6% other dwellings. Home ownership in Korora stood at 43.0%, with mortgaged properties making up 34.6% and rented dwellings accounting for 22.4%. The median monthly mortgage repayment in Korora was $1,950, higher than Non-Metro NSW's average of $1,733. Weekly rent in Korora was recorded at $450, compared to Non-Metro NSW's figure of $370. Nationally, Korora's mortgage repayments were above the Australian average of $1,863, and rents were substantially higher than the national figure of $375.

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

Family households constitute 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 account for 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 residents aged 15+ have a notably higher university qualification rate of 31.3% compared to the broader SA4 region (19.8%) and Rest of NSW (21.3%). Bachelor degrees are most common at 21.4%, followed by postgraduate qualifications (5.8%) and graduate diplomas (4.1%). Vocational credentials are also prevalent, with 38.2% holding such qualifications, including advanced diplomas (13.4%) and certificates (24.8%). Korora has a high educational participation rate of 26.4%, comprising primary education (9.6%), secondary education (8.5%), and tertiary education (2.7%).

Kororo Public School serves the local community with an enrollment of 486 students, operating under typical Australian school conditions (ICSEA: 1020). It caters exclusively to primary education, while secondary options are available in nearby areas.

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

Transport analysis shows 31 active stops operating in Korora, offering mixed bus services. These stops are served by 31 unique routes, collectively facilitating 221 weekly passenger trips. Transport accessibility is rated excellent, with residents typically located 151 meters from the nearest stop.

Service frequency averages 31 trips per day across all routes, equating to approximately 7 weekly trips per individual 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's health data shows positive outcomes with common conditions seen equally in young and old age groups. Private health cover is relatively low at approximately 49% of Korora's total population (~1,404 people), compared to the national average of 55.3%.

The most prevalent medical conditions are arthritis (9.0%) and mental health issues (8.0%). A higher percentage of residents, 68.8%, report being completely clear of medical ailments than in Rest of NSW (63.9%). Korora has a senior population of 24% (683 people), with seniors showing strong health outcomes that outperform the general population's 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 was found to be relatively homogeneous culturally, with 80.1% born in Australia, 91.0% being citizens, and 91.5% speaking English only at home. Christianity is the predominant religion in Korora, comprising 47.0% of its population. While this figure is representative of the wider Rest of NSW region (46.8%), Judaism is notably overrepresented in Korora at 0.1%, compared to the regional average of 0.1%.

The top three ancestry groups based on country of birth of parents are English (32.4%), Australian (25.3%), and Irish (10.3%). Notably, Scottish ancestry is slightly overrepresented in Korora at 8.9% compared to the regional average of 8.3%, South African at 0.6% versus 0.3%, and Hungarian at 0.3% versus 0.2%.

Korora hosts an older demographic, ranking in the top quartile nationwide

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 (14.8%) but fewer residents aged 15-24 (10.0%). This 65-74 concentration is significantly higher than the national figure of 9.4%. According to the 2021 Census, the population aged 75 to 84 has increased from 6.4% to 7.4%, while the 55 to 64 age group has decreased from 13.9% to 12.3%. By 2041, Korora's age composition is projected to change significantly. The 35 to 44 age group is expected to grow by 53%, increasing from 358 to 548 people.