Corangamite - North
Statistical Area - sa2

Corangamite - North is positioned among the lower quartile of areas assessed nationally for population growth based on AreaSearch's assessment of recent, and medium term trends

Corangamite - North's population is around 5,292 as of Nov 2025. This reflects a decrease of 103 people since the 2021 Census, which reported a population of 5,395. The change is inferred from ABS estimated resident population of 5,246 in June 2024 and an additional 66 validated new addresses since the Census date. This level equates to a density ratio of 2.1 persons per square kilometer. Population growth was primarily driven by overseas migration.

AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered, it utilises VIC State Government's Regional/LGA projections from 2023, adjusted using weighted aggregation method to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Future population dynamics project an above median growth for Australia's non-metropolitan areas. The area is expected to increase by 812 persons to 2041, a total increase of 14.5% over the 17 years.

AreaSearch assessment of residential development drivers sees a low level of activity in Corangamite - North, placing the area among the bottom 25% of areas assessed nationally

Corangamite - North has recorded approximately 15 residential property approvals annually over the past five financial years, totalling 78 homes. In Financial Year 26, three approvals have been recorded so far. The population has fallen during this period, yet housing supply has remained adequate relative to demand, resulting in a balanced market with good buyer choice. New dwellings are developed at an average cost of $298,000.

This financial year, there have been $14.6 million in commercial approvals, indicating steady commercial investment activity. Compared to the rest of Victoria, Corangamite - North records about 59% of building activity per person and ranks among the 41st percentile nationally, which results in relatively constrained buyer choice and supports interest in existing homes. This level is lower than the national average, reflecting market maturity and possible development constraints. All new construction has been detached houses, maintaining the area's traditional low density character with a focus on family homes appealing to those seeking space.

The estimated population per dwelling approval is 409 people. Population forecasts indicate Corangamite - North will gain 765 residents by 2041. If current construction levels persist, housing supply may lag population growth, potentially intensifying buyer competition and underpinning price growth.

Corangamite - North has emerging levels of nearby infrastructure activity, ranking in the 20thth percentile nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified six projects likely to impact the area. Key projects include Camperdown Production Precinct Masterplan, Leura Aged Care Facility, Mt Fyans Wind Farm, and Mortlake Energy Hub. The following details those most relevant:.

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

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

AreaSearch analysis places Corangamite - North well above average for employment performance across multiple indicators

Corangamite - North has a diverse workforce with both white and blue collar jobs, representing various sectors. As of June 2025, the unemployment rate is 1.7%.

In comparison to Rest of Vic., the area has an unemployment rate that is 2.1% lower at 3.8%, with similar workforce participation rates of 57.4%. Key employment industries include agriculture, forestry & fishing, health care & social assistance, and construction. The area specializes in agriculture, forestry & fishing with an employment share 4.1 times the regional level, while construction has a limited presence at 7.1% compared to the regional average of 10.4%. Many residents commute elsewhere for work based on Census data analysis.

Over the year ending June 2025, labour force levels decreased by 1.8% and employment fell by 1.4%, leading to a 0.5 percentage point drop in unemployment rate. National employment forecasts from Jobs and Skills Australia, published in May 2025, project national growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Corangamite - North's employment mix suggests local growth of approximately 5.2% over five years and 11.7% over ten years.

Income figures position the area below 75% of locations analysed nationally by AreaSearch

Corangamite - North had a median taxpayer income of $46,041 and an average of $55,068 in the financial year 2022, according to postcode level ATO data aggregated by AreaSearch. This was lower than the national average, with Rest of Vic.'s median income being $48,741 and average income being $60,693. By September 2025, estimated incomes would be approximately $51,640 (median) and $61,764 (average), based on a 12.16% growth in wages since the financial year 2022. The 2021 Census showed that household, family, and personal incomes in Corangamite - North fell between the 12th and 22nd percentiles nationally. Income brackets indicated that 28.2% of the population (1,492 individuals) had incomes within the $1,500 - $2,999 range, similar to the surrounding region where 30.3% occupied this range. Despite modest housing costs with 90.8% of income retained, total disposable income ranked at just the 20th percentile nationally.

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

Corangamite - North dwelling structure, as per the latest Census, consisted of 95.5% houses and 4.5% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Non-Metro Vic.'s 93.2% houses and 6.8% other dwellings. Home ownership in Corangamite - North stood at 50.4%, with mortgaged dwellings at 30.9% and rented ones at 18.6%. The median monthly mortgage repayment was $1,000, lower than Non-Metro Vic.'s average. Median weekly rent was $200, compared to Non-Metro Vic.'s $250. Nationally, Corangamite - North's mortgage repayments were significantly lower at $1,000 versus Australia's average of $1,863, and rents were substantially below the national figure of $375.

Corangamite - North features high concentrations of lone person households, with a lower-than-average median household size

Family households account for 63.9% of all households, including 22.9% couples with children, 30.8% couples without children, and 9.0% single parent families. Non-family households make up the remaining 36.1%, with lone person households at 33.0% and group households comprising 2.9%. The median household size is 2.2 people, which is smaller than the Rest of Vic. average of 2.3.

Educational outcomes in Corangamite - North fall within the lower quartile nationally, indicating opportunities for improvement in qualification attainment

The area has lower university qualification rates at 17.5%, significantly below Victoria's average of 33.4%. This presents both challenges and opportunities for targeted educational initiatives. Bachelor degrees are the most common at 12.7%, followed by graduate diplomas (2.6%) and postgraduate qualifications (2.2%). Vocational credentials are prominent, with 37.3% of residents aged 15+ holding them - advanced diplomas (10.8%) and certificates (26.5%).

Educational participation is high at 26.3%, including 10.2% in primary education, 8.4% in secondary education, and 1.8% pursuing tertiary education. There are 10 schools operating within Corangamite - North educating approximately 555 students, with typical Australian school conditions (ICSEA: 994) and balanced educational opportunities. The educational mix includes 5 primary, 2 secondary, and 3 K-12 schools. School places per 100 residents are lower at 10.5 compared to the regional average of 14.5, indicating some students may attend schools in adjacent areas. Note: for schools with 'n/a' enrolments, please refer to their parent campus.

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

The analysis of public transport in Corangamite - North indicates eight active transport stops currently operating. These comprise a combination of train and bus services. Ten individual routes serve these stops, collectively facilitating 160 weekly passenger trips.

The accessibility to transport is rated as limited, with residents typically residing 673 meters away from the nearest stop. On average, service frequency across all routes amounts to 22 trips per day, which equates to approximately 20 weekly trips per individual stop.

Health performance in Corangamite - North is well below average with prevalence of common health conditions notable across both younger and older age cohorts

Health data indicates significant health challenges in Corangamite - North, with high prevalence of common conditions across both younger and older age groups. Private health cover is low at approximately 48% (2,518 people), compared to the national average of 55.3%.

The most prevalent medical conditions are arthritis (10.3%) and mental health issues (9.9%). Conversely, 60.7% report no medical ailments, slightly lower than the Rest of Vic.'s 65.0%. The area has a higher proportion of residents aged 65 and over at 26.5% (1,400 people), compared to Rest of Vic.'s 24.6%.

The latest Census data sees Corangamite - North placing among the least culturally diverse areas in the country when compared across a range of language and cultural background related metrics

Corangamite-North, surveyed in Aug-Sep 2016, had low cultural diversity: 90.2% were citizens, 92.4% born in Australia, and 97.5% spoke English only at home. Christianity was the dominant religion (55.7%), slightly higher than Vic's average of 50.0%. Top ancestral groups were Australian (33.3%), English (30.5%), and Irish (13.5%).

Notable differences included overrepresentation of Scottish (10.9% vs regional 10.0%), Maltese (0.5% vs 0.3%), and Dutch (1.4% vs 1.6%) groups.

Corangamite - North hosts an older demographic, ranking in the top quartile nationwide

Corangamite - North has a median age of 49, which is higher than Rest of Vic.'s figure of 43 and Australia's average of 38 years. Comparing with Rest of Vic., the 55-64 cohort is notably over-represented at 16.1% locally, while the 35-44 age group is under-represented at 10.3%. Between 2021 and present, the 65 to 74 age group has increased from 13.7% to 14.8%, and the 15 to 24 cohort has risen from 9.7% to 10.7%. Conversely, the 55 to 64 cohort has decreased from 17.8% to 16.1%, and the 45 to 54 group has dropped from 12.2% to 11.0%. By 2041, demographic projections indicate significant shifts in Corangamite - North's age structure. The 25 to 34 age cohort is projected to grow by 243 people (46%), increasing from 526 to 770. In contrast, population declines are projected for the 15 to 24 and 55 to 64 cohorts.