Corangamite - South

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

Based on AreaSearch's analysis, Corangamite - South's population is around 7,438 as of Feb 2026. This reflects an increase of 258 people (3.6%) since the 2021 Census, which reported a population of 7,180 people. The change is inferred from the estimated resident population of 7,148 from the ABS as of June 2024 and an additional 84 validated new addresses since the Census date. This population level equates to a density ratio of 4.1 persons per square kilometer, providing ample space per person. Corangamite - South's 3.6% growth since the 2021 census exceeded the SA3 area (3.1%), marking it as a growth leader in the region. Population growth for the area was primarily driven by overseas migration, which contributed approximately 57.5% of overall population gains during recent periods.

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 VIC State Government's Regional/LGA projections released in 2023, with adjustments made employing a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group from these aggregations are also applied across all areas for years 2032 to 2041. Considering the projected demographic shifts, an above-median population growth for Australia's regional areas is projected, with the area expected to expand by 973 persons by 2041 based on the latest annual ERP population numbers, reflecting an increase of 9.2% in total over the 17 years.

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 around 27 residential properties granted approval annually, totalling 138 homes over the past 5 financial years. So far in FY-26, 15 approvals have been recorded. Given population has fallen over the past period, housing supply has remained adequate relative to demand, creating a well-balanced market with good buyer choice, while new dwellings are developed at an average value of $349,000. There have also been $11.2 million in commercial approvals this financial year, suggesting balanced commercial development activity.

Relative to the Rest of Vic., Corangamite - South has around three-quarters the rate of new dwelling approvals per person and ranks in the 51st percentile of areas assessed nationally. Recent construction comprises 95.0% detached houses and 5.0% medium and high-density housing, maintaining the area's traditional low density character with a focus on family homes appealing to those seeking space. The location has approximately 316 people per dwelling approval, indicating a low density market.

Population forecasts indicate Corangamite - South will gain 683 residents through to 2041 (from the latest AreaSearch quarterly estimate). With current construction levels, housing supply should adequately meet demand, creating favourable conditions for buyers while potentially enabling growth that exceeds current forecasts.

Corangamite - South has emerging levels of nearby infrastructure activity, ranking in the 24thth percentile nationally

Nothing can influence an area's performance as much as changes to local infrastructure, major projects, and planning initiatives. In total 3 projects have been identified by AreaSearch that are likely to have an impact on the area. Key projects include the Twelve Apostles Precinct Redevelopment, Shipwreck Coast Master Plan - Saddle Lookout, Princetown Eco Stay, and Warrnambool Line Upgrade, with the list below detailing those likely to be of most relevance.

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.

Corangamite - South ranks among the top 25% of areas assessed nationally for overall employment performance

Corangamite - South features a balanced workforce spanning white and blue collar employment, with diverse sector representation, and an unemployment rate of just 1.3%. As of December 2025, 3,714 residents are in work while the unemployment rate is 2.4% below Regional Vic.'s rate of 3.7%, and workforce participation is broadly similar to Regional Vic.'s 61.5%. Based on Census responses, a moderate 21.1% of residents were found to work from home, though Covid-19 lockdown impacts should be considered.

The dominant employment sectors among residents include agriculture, forestry & fishing, health care & social assistance, and manufacturing. The area has a particular employment specialization in agriculture, forestry & fishing, with an employment share 5.0 times the regional level. In contrast, health care & social assistance employs just 8.9% of local workers, below Regional Vic.'s 16.8%. While local employment opportunities exist in the area, it appears many residents commute elsewhere for work, based on the count of Census working population to local population.

Based on AreaSearch analysis of SALM and ABS data, over the 12 months to December 2025, labour force levels decreased by 6.8% while employment declined by 6.9%, causing unemployment to rise by 0.2 percentage points. In contrast, Regional Vic. experienced an employment decline of 0.6% and a labour force decline of 0.7%, with a 0.1 percentage point drop. Jobs and Skills Australia's national employment forecasts from May-25 can offer further insight into potential future demand within Corangamite - South. These projections, covering five and ten-year periods, have been mapped against the local employment profile to estimate growth patterns. While national employment is forecast to expand by 6.6% over five years and 13.7% over ten years, growth rates differ significantly between industry sectors. Applying these industry-specific projections to Corangamite - South's employment mix suggests local employment should increase by 4.5% over five years and 10.6% over ten years (please note this is a simple weighting extrapolation for illustrative purposes and does not take into account localised population projections).

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

The Corangamite - South SA2 shows a median taxpayer income of $48,277 and an average of $58,911 according to the latest postcode level ATO data aggregated by AreaSearch for FY-23. This is below the national average, contrasting with Regional Vic.'s median income of $50,954 and average income of $62,728. Based on Wage Price Index growth of 8.25% since FY-23, current estimates would be approximately $52,260 (median) and $63,771 (average) as of September 2025. According to 2021 Census figures, household, family and personal incomes all rank modestly in Corangamite - South, between the 29th and 35th percentiles. Distribution data shows the largest segment comprises 31.0% earning $1,500 - 2,999 weekly (2,305 residents), reflecting patterns seen in the surrounding region where 30.3% similarly occupy this range. 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.

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

Dwelling structure within Corangamite - South, as evaluated at the latest Census, comprised 96.7% houses and 3.3% other dwellings (semi-detached, apartments, 'other' dwellings), in comparison to Regional Vic.'s 90.1% houses and 9.9% other dwellings. Meanwhile, the level of home ownership within Corangamite - South was well beyond that of Regional Vic., at 48.3%, with the remainder of dwellings either mortgaged (32.9%) or rented (18.8%). The median monthly mortgage repayment in the area was well below the Regional Vic. average at $1,200, while the median weekly rent figure was recorded at $231, compared to Regional Vic.'s $1,430 and $285. Nationally, Corangamite - South's mortgage repayments are significantly lower than the Australian average of $1,863, while rents are substantially below the national figure of $375.

Corangamite - South has a typical household mix, with a higher-than-average median household size

Family households dominate at 72.2% of all households, comprising 27.8% couples with children, 34.1% couples without children, and 9.0% single parent families. Non-family households make up the remaining 27.8%, with lone person households at 25.8% and group households comprising 2.2% of the total. The median household size of 2.5 people is larger than the Regional Vic. average of 2.4.

Corangamite - South faces educational challenges, with performance metrics placing it in the bottom quartile of areas assessed nationally

The area faces educational challenges, with university qualification rates (15.2%) substantially below the VIC average of 33.4%. This represents both a challenge and an opportunity for targeted educational initiatives. Bachelor degrees lead at 11.3%, followed by graduate diplomas (2.0%) and postgraduate qualifications (1.9%). Trade and technical skills feature prominently, with 38.9% of residents aged 15+ holding vocational credentials, including advanced diplomas (10.2%) and certificates (28.7%).

Educational participation is notably high, with 27.5% of residents currently enrolled in formal education. This includes 10.6% in primary education, 9.3% in secondary education, and 2.0% pursuing tertiary education.

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

Public transport analysis reveals 15 active transport stops operating within Corangamite - South. These stops are serviced by 3 individual routes, collectively providing 36 weekly passenger trips. Transport accessibility is rated as limited, with residents typically located 1102 meters from the nearest transport stop. As a primarily residential area, most residents commute outward; the car remains the dominant mode at 82%, with 13% walking. Vehicle ownership averages 1.9 per dwelling, which is above the regional average. Some 21.1% of residents work from home (2021 Census; may reflect COVID-19 conditions).

Service frequency averages 5 trips per day across all routes, equating to approximately 2 weekly trips per individual stop.

The level of general health in Corangamite - South is notably higher than the national average with both young and old age cohorts seeing low prevalence of common health conditions

Corangamite - South demonstrates above-average health outcomes, based on AreaSearch's assessment of mortality rates and chronic condition prevalence. Both young and old age cohorts see low prevalence of common health conditions, and the rate of private health cover is very low at approximately 48% of the total population (~3,599 people). This compares to 50.5% across Regional Vic. The national average is 55.7%.

The most common medical conditions in the area are asthma and arthritis, impacting 8.2% and 8.1% of residents, respectively, while 67.9% declared themselves as completely clear of medical ailments compared to 63.4% across Regional Vic. Working-age residents show above-average prevalence of chronic health conditions. The area has 23.8% of residents aged 65 and over (1,769 people). Health outcomes among seniors are particularly strong, with national rankings even higher than those of the general population.

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 was found to be below average in terms of cultural diversity, with 89.3% of its population being citizens, 91.3% born in Australia, and 96.8% speaking English only at home. The main religion in Corangamite - South is Christianity, which makes up 49.0% of the population. However, the most apparent overrepresentation was in Judaism, which comprises 0.1% of the population, compared to 0.1% across Regional Vic..

In terms of ancestry (country of birth of parents), the top three represented groups in Corangamite - South are Australian, comprising 35.3% of the population, which is substantially higher than the regional average of 29.6%, English, comprising 31.5% of the population, and Irish, comprising 10.1% of the population. Additionally, there are notable divergences in the representation of certain other ethnic groups: Dutch is notably overrepresented at 2.8% of Corangamite - South (vs 1.7% regionally), Scottish at 9.8% (vs 8.8%) and New Zealand at 0.7% (vs 0.4%).

Corangamite - South hosts a notably older demographic compared to the national average

Corangamite - South's median age of 45 years modestly exceeds Regional Vic.'s 43 and is considerably older than the national norm of 38. Compared to the Regional Vic. average, the 55 - 64 cohort is notably over-represented (14.8% locally), while 5 - 14 year-olds are under-represented (10.1%). In the period since 2021, the 25 to 34 age group has grown from 10.2% to 11.8% of the population, while the 35 to 44 cohort increased from 10.2% to 11.3%. Conversely, the 5 to 14 cohort has declined from 12.6% to 10.1% and the 45 to 54 group dropped from 13.8% to 11.5%. Demographic modeling suggests Corangamite - South's age profile will evolve significantly by 2041. The 75 to 84 age cohort is projected to see notable expansion, increasing by 224 people (38%) from 595 to 820. Conversely, population declines are projected for the 5 to 14 and 55 to 64 cohorts.