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 was around 5,291 as of Aug 2025. This reflected a decrease of 104 people since the 2021 Census, which reported a population of 5,395 people. The change was inferred from the estimated resident population of 5,247 from the ABS as of June 2024 and an additional 65 validated new addresses since the Census date. This level of population equated to a density ratio of 2.1 persons per square kilometer. While Corangamite - North experienced a 1.9% decline since census, the SA3 area achieved 1.0% growth, highlighting divergent population trends. Population growth for the area was primarily driven by overseas migration during recent periods.

AreaSearch adopted ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch utilised VIC State Government's Regional/LGA projections released in 2023, adjusted using a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group were applied across all areas for years 2032 to 2041. Australia's non-metropolitan areas were projected to have above median population growth, with the area expected to increase by 812 persons to 2041 based on the latest population numbers, indicating 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 properties granted approval annually. Development approval data is produced by the Australian Bureau of Statistics on a financial year basis, with 78 dwellings approved over the past five financial years from FY-2021 to FY-2025, and two recorded so far in FY-2026. Despite population decline in the area, development activity has been relatively adequate, which is positive for buyers. New properties are constructed at an average expected construction cost of $443,000.

There have also been $14.6 million in commercial approvals this financial year, indicating balanced commercial development activity. When compared to Rest of Vic., Corangamite - North records approximately 59% of the building activity per person and places among the 41st percentile of areas assessed nationally, suggesting somewhat limited buyer options while strengthening demand for established homes. This is also lower than the national average, reflecting market maturity and potentially indicating development constraints. Furthermore, new construction has been entirely comprised of standalone homes, preserving the area's low density nature with an emphasis on detached housing attracting space-seeking buyers.

The estimated population count of 409 people per dwelling approval reflects its quiet, low activity development environment. Population forecasts indicate Corangamite - North will gain 766 residents by 2041. Should current construction levels persist, housing supply could lag behind population growth, likely 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 impacting the area. Key projects include Camperdown Production Precinct Masterplan, Leura Aged Care Facility, Mt Fyans Wind Farm, and Mortlake Energy Hub. Below is a list detailing those of most relevance.

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

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

Corangamite - North has a balanced workforce with representation across white and blue collar jobs in various sectors. The unemployment rate was 1.7% as of June 2025.

There were 2,678 residents employed at this time, with an unemployment rate 2.1% lower than the Rest of Vic.'s rate of 3.8%. Workforce participation was similar to Rest of Vic.'s 57.4%. Key industries for employment among residents are agriculture, forestry & fishing, health care & social assistance, and construction. There is a notable specialization in agriculture, forestry & fishing, with an employment share 4.1 times the regional level.

Conversely, construction is under-represented at 7.1% compared to Rest of Vic.'s 10.4%. Local employment opportunities exist, but many residents commute elsewhere for work based on Census data. Between June 2024 and June 2025, the labour force decreased by 1.8%, with employment decreasing by 1.4%, leading to a fall in unemployment rate of 0.5 percentage points. Comparatively, Rest of Vic. saw an employment decline of 0.9% and a labour force decline of 0.4%, with unemployment rising by 0.4 percentage points. State-level data from Sep-25 shows VIC's employment grew by 1.08% year-on-year, adding 39,880 jobs, with the state unemployment rate at 4.7%. National employment forecasts from 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, though these are simple extrapolations for illustrative purposes.

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

AreaSearch's latest postcode level ATO data for financial year 2022 indicates that income in Corangamite - North is below the national average. The median assessed income is $46,041 while the average income stands at $55,068. In contrast, Rest of Vic.'s figures show a median income of $48,741 and an average income of $60,693. Based on Wage Price Index growth of 10.11% since financial year 2022, current estimates would be approximately $50,696 (median) and $60,635 (average) as of March 2025. According to the 2021 Census, household, family and personal incomes in Corangamite - North all fall between the 12th and 22nd percentiles nationally. The data shows that the predominant income cohort spans 28.2% of locals (1,492 people) in the $1,500 - 2,999 category, which aligns with the broader area where this cohort likewise represents 30.3%. Housing costs are modest, with 90.8% of income retained, but the total disposable income ranks 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's dwelling structure, as per the latest Census, consists of 95.5% houses and 4.5% other dwellings. In comparison, Non-Metro Vic. has 93.2% houses and 6.8% other dwellings. Home ownership in Corangamite - North stands at 50.4%, with mortgaged dwellings at 30.9% and rented ones at 18.6%. The median monthly mortgage repayment is $1,000, lower than Non-Metro Vic.'s average of $1,300. The median weekly rent figure is $200, compared to Non-Metro Vic.'s $250. Nationally, Corangamite - North's mortgage repayments are significantly lower at $1,000 than the Australian average of $1,863, and rents are 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 constitute 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 account for 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's university qualification rate is 17.5%, significantly lower than Victoria's average of 33.4%. Bachelor degrees are the most common at 12.7%, followed by graduate diplomas (2.6%) and postgraduate qualifications (2.2%). Vocational credentials are prevalent, with 37.3% of residents aged 15+ holding them, including advanced diplomas (10.8%) and certificates (26.5%). Current educational participation is high at 26.3%, comprising primary education (10.2%), secondary education (8.4%), and tertiary education (1.8%).

There are 10 schools in Corangamite - North, educating approximately 555 students. These schools offer balanced educational opportunities, with an ICSEA score of 994. The school mix includes 5 primary, 2 secondary, and 3 K-12 schools. School places per 100 residents are lower than the regional average at 10.5. Some students may attend schools in adjacent areas.

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

Public transport analysis shows eight active transport stops operating within Corangamite - North. These include a mix of train and bus services. There are ten individual routes serving these stops, collectively providing 160 weekly passenger trips.

Transport accessibility is rated as limited, with residents typically located 673 meters from the nearest transport stop. Service frequency averages 22 trips per day across all routes, equating 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 notable prevalence of common health conditions across both younger and older age groups. Private health cover rate is very low at approximately 48% of the total population (around 2,518 people), compared to the national average of 55.3%.

The most prevalent medical conditions are arthritis and mental health issues, affecting 10.3% and 9.9% of residents respectively. Approximately 60.7% of residents report having no medical ailments, slightly lower than the 65.0% reported across Rest of Vic.. The area has a higher proportion of residents aged 65 and over at 26.5% (1,399 people), compared to 24.6% in Rest of Vic..

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, as per data from the Australian Bureau of Statistics Census of Population and Housing, 2016, showed below-average cultural diversity with 90.2% of its population being Australian citizens, 92.4% born in Australia, and 97.5% speaking English only at home. Christianity was the dominant religion, comprising 55.7% of Corangamite - North's population, compared to 50.0% across the rest of Victoria. The top three ancestry groups were Australian (33.3%), English (30.5%), and Irish (13.5%).

Notably, Scottish ancestry was overrepresented at 10.9%, while Maltese was at 0.5%, and Dutch at 1.4%.

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

Corangamite - North has a median age of 49, which is higher than the Rest of Vic.'s figure of 43 and Australia's average of 38 years. Compared to the Rest of Vic., the 55-64 cohort is notably over-represented in Corangamite - North at 16.1%, while the 35-44 cohort is under-represented at 10.3%. Between 2021 and present, the 65 to 74 age group has grown from 13.7% to 14.8% of the population, and the 15 to 24 cohort increased from 9.7% to 10.7%. Conversely, the 55 to 64 cohort declined from 17.8% to 16.1%, and the 45 to 54 group dropped from 12.2% to 11.0%. By 2041, demographic projections indicate significant shifts in Corangamite - North's age structure. The 25 to 34 cohort is projected to grow by 244 people (46%), from 525 to 770. In contrast, population declines are projected for the 15 to 24 and 55 to 64 cohorts.