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Sales Activity
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Population
Corangamite - South 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 - South's population is approximately 7,291 as of November 2025. This figure represents a 1.5% increase from the 2021 Census total of 7,180 people. The change can be inferred from the estimated resident population of 7,149 in June 2024 and an additional 82 validated new addresses since the Census date. This results in a population density ratio of 4.0 persons per square kilometer. Corangamite - South's growth rate of 1.5% since the census is within 0.5 percentage points of the SA3 area's growth rate of 2.0%. Overseas migration contributed approximately 57.5% of overall population gains in recent periods.
AreaSearch uses 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 employs the VIC State Government's Regional/LGA projections from 2023, adjusted using a weighted aggregation method from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Based on these projections, Corangamite - South is expected to experience an above median population growth in Australia's non-metropolitan areas, with a projected increase of 973 persons by 2041, representing an 11.4% total increase over the 17-year period.
Frequently Asked Questions - Population
Development
AreaSearch assessment of residential development drivers sees a low level of activity in Corangamite - South, placing the area among the bottom 25% of areas assessed nationally
Corangamite - South has recorded approximately 27 residential properties granted approval annually. Over the past five financial years, from FY-21 to FY-25138 homes were approved, with an additional 10 approved so far in FY-26. The average expected construction cost value of new dwellings is $349,000.
In terms of commercial development, $11.2 million in approvals have been registered this financial year. Compared to the Rest of Vic., Corangamite - South records around three-quarters the building activity per person and ranks among the 52nd percentile nationally. The area's new building activity consists of 95% standalone homes and 5% attached dwellings, reflecting its low density nature and attracting space-seeking buyers.
With approximately 316 people per approval, Corangamite - South is indeed a low-density area. Future projections indicate the area will add 830 residents by 2041. Current development appears well-matched to future needs, supporting steady market conditions without extreme price pressure.
Frequently Asked Questions - Development
Infrastructure
Corangamite - South has emerging levels of nearby infrastructure activity, ranking in the 24thth percentile nationally
Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified three projects likely impacting this region: Twelve Apostles Precinct Redevelopment, Shipwreck Coast Master Plan - Saddle Lookout, Princetown Eco Stay, and Warrnambool Line Upgrade. The following details those most relevant.
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INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
Low and Mid-Rise Housing Policy
State-wide NSW planning reforms via amendments to the State Environmental Planning Policy to enable more diverse low and mid-rise housing (dual occupancies, terraces, townhouses, manor houses and residential flat buildings up to 6 storeys) in well-located areas within 800 m of selected train, metro and light-rail stations and town centres. Stage 1 (dual occupancies in R2 zones statewide) commenced 1 July 2024. Stage 2 (mid-rise apartments, terraces and dual occupancies near stations) commenced 28 February 2025. Expected to facilitate up to 112,000 additional homes over the next five years.
Victorian Renewable Energy Zones
VicGrid, a Victorian Government agency, is coordinating the planning and staged declaration of six proposed onshore Renewable Energy Zones (plus a Gippsland shoreline zone to support offshore wind). The 2025 Victorian Transmission Plan identifies the indicative REZ locations, access limits and the transmission works needed to connect new wind, solar and storage while minimising impacts on communities, Traditional Owners, agriculture and the environment. Each REZ will proceed through a statutory declaration and consultation process before competitive allocation of grid access to projects.
Enabling Infrastructure for Hydrogen Production
Australia has completed the National Hydrogen Infrastructure Assessment (NHIA) to 2050 and refreshed its National Hydrogen Strategy (2024). The programmatic focus has shifted to planning and enabling infrastructure through measures such as ARENA's Hydrogen Headstart and the Hydrogen Production Tax Incentive (from April 2025). Round 2 of Hydrogen Headstart consultation occurred in 2025. Collectively these actions aim to coordinate investment in transport, storage, water and electricity inputs linked to Renewable Energy Zones and priority hubs, supporting large-scale renewable hydrogen production and future export supply chains.
Twelve Apostles Precinct Redevelopment
Major upgrade delivering a new Visitor Experience Centre as the gateway to the Shipwreck Coast, with welcome garden, integrated car and bus parking, new and upgraded roads, and landscaping. Co-designed with Eastern Maar Aboriginal Corporation. Kane Constructions appointed to deliver works.
Bulk Water Supply Security
Nationwide program led by the National Water Grid Authority to improve bulk water security and reliability for non-potable and productive uses. Activities include strategic planning, science and business cases, and funding of state and territory projects such as storages, pipelines, dam upgrades, recycled water and efficiency upgrades to build drought resilience and support regional communities, industry and the environment.
Warrnambool Line Upgrade
A completed upgrade of the Warrnambool rail line that introduced modern VLocity trains for the first time and established a fifth weekday return service between Warrnambool and Melbourne. The project upgraded over 60 level crossings with boom gates and improved safety features, installed new signalling systems, and created a new crossing loop at Boorcan. VLocity trains now operate all services on the line as of March 2025, providing enhanced safety, efficiency, and passenger comfort with reduced journey times of up to 11 minutes between key stations.
Regional Housing Fund (Victoria)
A $1 billion Homes Victoria program delivering around 1,300 new social and affordable homes across at least 30 regional and rural LGAs, using a mix of new builds, purchases in new developments, renewals and refurbishments. Delivery commenced in late 2023 with early completions recorded; overall fund completion is targeted for 2028.
Shipwreck Coast Master Plan - Saddle Lookout
A new lookout at the 'Saddle' in the Twelve Apostles Precinct that expands viewing areas and improves accessibility for growing visitor numbers. The lookout is part of the broader Shipwreck Coast Master Plan.
Employment
AreaSearch analysis reveals Corangamite - South significantly outperforming the majority of regions assessed nationwide
Corangamite - South has a balanced workforce with both white and blue collar jobs, diverse sector representation, and an unemployment rate of 1.0% as of June 2025. There are 3,882 residents employed, with the unemployment rate being 2.8% lower than Rest of Vic.'s rate of 3.8%.
Workforce participation is at 62.1%, compared to Rest of Vic.'s 57.4%. Dominant employment sectors include agriculture, forestry & fishing, health care & social assistance, and manufacturing. Agriculture, forestry & fishing has particularly high representation, with employment levels at 5.0 times the regional average. However, health care & social assistance is under-represented, with only 8.9% of Corangamite - South's workforce compared to 16.8% in Rest of Vic..
Many residents commute elsewhere for work based on Census data analysis. In the 12-month period ending June 2025, labour force decreased by 1.8% and employment declined by 1.7%, with unemployment remaining essentially unchanged. In contrast, Rest of Vic. experienced an employment decline of 0.9% and a labour force decline of 0.4%, with a 0.4 percentage point rise in unemployment. Jobs and Skills Australia's national employment forecasts from May 2025 project national employment growth of 6.6% over five years and 13.7% over ten years, but growth rates vary significantly between industry sectors. Applying these projections to Corangamite - South's employment mix suggests local growth of approximately 4.5% over five years and 10.6% over ten years.
Frequently Asked Questions - Employment
Income
Income levels sit below national averages according to AreaSearch assessment
Corangamite - South has a median taxpayer income of $46,653 and an average income of $56,677 according to the latest postcode level ATO data aggregated by AreaSearch for financial year 2022. This is below the national average, with Rest of Vic.'s median income being $48,741 and average income being $60,693. Based on Wage Price Index growth of 12.16% since financial year 2022, current estimates would be approximately $52,326 (median) and $63,569 (average) as of September 2025. Census 2021 income data shows household, family and personal incomes all rank modestly in Corangamite - South, between the 29th and 35th percentiles. The earnings profile shows the largest segment comprises 31.0% earning $1,500 - 2,999 weekly (2,260 residents), aligning with regional levels where this cohort likewise represents 30.3%. Housing costs are manageable with 90.4% retained, though disposable income sits below average at the 37th percentile and the area's SEIFA income ranking places it in the 5th decile.
Frequently Asked Questions - Income
Housing
Corangamite - South is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership
In Corangamite - South, as assessed at the latest Census held on 28 August 2016, 96.7% of dwellings were houses, with the remaining 3.3% comprising semi-detached homes, apartments, and other types of dwellings. This compares to Non-Metro Vic., where 93.2% of dwellings were houses and 6.8% were other dwellings. Home ownership in Corangamite - South stood at 48.3%, similar to Non-Metro Vic.'s figure, with mortgaged properties accounting for 32.9% and rented dwellings making up 18.8%. The median monthly mortgage repayment in the area was $1,200 as of June 2021, lower than Non-Metro Vic.'s average of $1,300. The median weekly rent figure for Corangamite - South was recorded at $231 in March 2022, compared to Non-Metro Vic.'s $250. Nationally, as of June 2021, mortgage repayments in Corangamite - South were significantly lower than the Australian average of $1,863, and rents were substantially below the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Corangamite - South has a typical household mix, with a higher-than-average median household size
Family households account for 72.2% of all households, including 27.8% couples with children, 34.1% couples without children, and 9.0% single parent families. Non-family households constitute the remaining 27.8%, with lone person households at 25.8% and group households comprising 2.2% of the total. The median household size is 2.5 people, larger than the Rest of Vic. average of 2.3.
Frequently Asked Questions - Households
Local Schools & Education
Corangamite - South faces educational challenges, with performance metrics placing it in the bottom quartile of areas assessed nationally
The area's university qualification rate is 15.2%, significantly lower than Victoria's average of 33.4%. Bachelor degrees are the most common at 11.3%, followed by graduate diplomas (2.0%) and postgraduate qualifications (1.9%). Vocational credentials are prominent, with 38.9% of residents aged 15+ holding such qualifications - advanced diplomas (10.2%) and certificates (28.7%). Educational participation is high at 27.5%, including 10.6% in primary education, 9.3% in secondary education, and 2.0% in tertiary education.
Corangamite - South's 5 schools have a combined enrollment of 832 students, with typical Australian school conditions (ICSEA: 955) and balanced educational opportunities. The area has 2 primary, 1 secondary, and 2 K-12 schools. School places per 100 residents are 11.4, below the regional average of 14.5, indicating some students may attend schools in nearby areas.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is very low compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Transport analysis shows 15 active stops operating in Corangamite - South, serving buses. Six routes service these stops, offering 42 weekly passenger trips. Residents' access to transport is rated limited, with an average distance of 1101 meters to the nearest stop.
Service frequency averages six trips per day across all routes, equating to about two weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Health outcomes in Corangamite - South are marginally below the national average with common health conditions slightly more prevalent than average across both younger and older age cohorts
Health indicators suggest below-average outcomes in Corangamite - South. Common health conditions are slightly more prevalent than average across both younger and older age cohorts.
The rate of private health cover is very low at approximately 48% of the total population, which is around 3,499 people. This is lower than the national average of 55.3%. The most common medical conditions in the area are asthma and arthritis, impacting 8.2 and 8.1% of residents respectively. Meanwhile, 67.9% of residents declare themselves completely clear of medical ailments, compared to 65.0% across Rest of Vic. The area has 23.4% of residents aged 65 and over, which is around 1,706 people. This is lower than the 24.6% in Rest of Vic. Health outcomes among seniors are particularly strong, performing even better than the general population in health metrics.
Frequently Asked Questions - Health
Cultural Diversity
The latest Census data sees Corangamite - South placing among the least culturally diverse areas in the country when compared across a range of language and cultural background related metrics
Corangamite - South, found to be below average in cultural diversity, had 89.3% of its population as citizens, with 91.3% born in Australia and 96.8% speaking English only at home. Christianity was the dominant religion, comprising 49.0% of people in Corangamite - South. Judaism, however, was overrepresented at 0.1%, compared to the rest of Victoria's 0.1%.
Top ancestry groups were Australian (35.3%), English (31.5%), and Irish (10.1%). Notably, Dutch ancestry was overrepresented at 2.8% versus 1.6% regionally, Scottish at 9.8% versus 10.0%, and New Zealand at 0.7% versus 0.4%.
Frequently Asked Questions - Diversity
Age
Corangamite - South hosts an older demographic, ranking in the top quartile nationwide
Corangamite - South's median age is 45 years, which is slightly higher than Rest of Vic.'s median age of 43. This is considerably older than the national norm of 38 years. Compared to the Rest of Vic. average, Corangamite - South has a notably over-represented cohort of 55-64 year-olds (15.0% locally) and an under-represented cohort of 35-44 year-olds (10.9%). Between 2021 and the present, the population of 25 to 34 year-olds has grown from 10.2% to 11.3%. During this period, the 5 to 14 age group has declined from 12.6% to 10.8%, and the 45 to 54 age group has dropped from 13.8% to 12.1%. Demographic modeling suggests that by 2041, Corangamite - South's age profile will change significantly. The 25 to 34 age cohort is projected to expand by 257 people (31%), growing from 825 to 1,083. Conversely, population declines are projected for the 5 to 14 and 55 to 64 age cohorts.