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

Corangamite - South's population is approximately 7,291 as of Nov 2025. This figure represents an increase of 111 people since the 2021 Census, which recorded a population of 7,180. The growth is inferred from the estimated resident population of 7,149 in June 2024 and an additional 82 validated new addresses post-census. This results in a population density of 4.0 persons per square kilometer. Corangamite - South's 1.5% growth since the census is close to the SA3 area average of 2.0%, indicating strong growth fundamentals. 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. Future population dynamics project an above median growth for Australia's non-metropolitan areas. By 2041, Corangamite - South is expected to increase by 973 persons, reflecting a total increase of 11.4% over the 17 years based on the latest annual ERP population numbers.

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 granted approximately 27 residential property approvals annually. Over the past five financial years, from FY-21 to FY-25, a total of 138 homes were approved, with an additional 13 approved in FY-26 so far. The average expected construction cost value for 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 about three-quarters the building activity per person and ranks among the 51st percentile nationally when measured against other areas assessed. The new building activity consists of 95.0% standalone homes and 5.0% attached dwellings, reflecting a low density area with an emphasis on detached housing.

Corangamite - South has approximately 316 people per approval, further indicating its low density nature. According to the latest AreaSearch quarterly estimate, Corangamite - South is projected to add 830 residents by 2041. Current development appears well-suited to meet future needs, supporting steady market conditions without extreme price pressure.

Corangamite - South has emerging levels of nearby infrastructure activity, ranking in the 22ndth percentile nationally

The performance of an area can significantly be influenced by changes in local infrastructure, major projects, and planning initiatives. AreaSearch has identified three projects that are expected to impact the area. Notable projects include Twelve Apostles Precinct Redevelopment, Shipwreck Coast Master Plan - Saddle Lookout, Princetown Eco Stay, and Warrnambool Line Upgrade. The following list provides details on those projects likely to be 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 reveals Corangamite - South significantly outperforming the majority of regions assessed nationwide

Corangamite - South has a balanced workforce with white and blue collar jobs, diverse sector representation, and an unemployment rate of 1.4% as of September 2025. The area's employment rate is 2.4% below Rest of Vic.'s rate of 3.8%, with workforce participation at 62.1%.

Dominant sectors include agriculture, forestry & fishing, health care & social assistance, and manufacturing. Agriculture, forestry & fishing has a notable concentration, being 5.0 times the regional average, while health care & social assistance is under-represented at 8.9% compared to Rest of Vic.'s 16.8%. Many residents commute elsewhere for work based on Census data. Between September 2024 and September 2025, labour force decreased by 3.3%, employment declined by 3.6%, resulting in unemployment rate rising by 0.3 percentage points.

In contrast, Rest of Vic. experienced a marginal rise with employment decline of 0.7% and labour force decline of 0.6%. State-level data to 25-Nov-25 shows VIC employment grew by 1.13%, adding 41,950 jobs, with unemployment rate at 4.7%. National employment forecasts from May-25 project a 6.6% increase over five years and 13.7% over ten years. Applying these projections to Corangamite - South's employment mix suggests local employment should increase by 4.5% over five years and 10.6% over ten years, based on simple weighting extrapolation for illustrative purposes.

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

The Corangamite - South SA2 had a median taxpayer income of $46,653 and an average of $56,677 in the financial year 2022, according to postcode level ATO data aggregated by AreaSearch. This was below the national average, with Rest of Vic.'s median income being $48,741 and average income $60,693. By September 2025, estimated incomes would be approximately $52,326 (median) and $63,569 (average), based on a 12.16% growth in wages since financial year 2022. Census 2021 income data ranked household, family, and personal incomes modestly in Corangamite - South, between the 29th and 35th percentiles. The largest earnings segment comprised 31.0% earning $1,500-$2,999 weekly, with 2,260 residents falling into this category. This aligns with regional levels where this cohort also represents 30.3%. Housing costs were manageable with 90.4% retained, but disposable income was below average at the 37th percentile. The area's SEIFA income ranking placed 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 in Corangamite - South, as evaluated at the latest Census, comprised 96.7% houses and 3.3% other dwellings. In comparison, Non-Metro Vic.'s dwelling structure was 93.2% houses and 6.8% other dwellings. Home ownership in Corangamite - South was 48.3%, with the remainder either mortgaged (32.9%) or rented (18.8%). The median monthly mortgage repayment was $1,200, below Non-Metro Vic.'s average of $1,300. The median weekly rent figure was $231, compared to Non-Metro Vic.'s $250. Nationally, Corangamite - South's mortgage repayments were significantly lower than the Australian average of $1,863, while rents were substantially below the national figure of $375.

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

Family households constitute 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 account for 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.

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, with 11.3% of residents holding one, followed by graduate diplomas (2.0%) and postgraduate qualifications (1.9%). Vocational credentials are prevalent among residents aged 15+, with 38.9% holding them, specifically advanced diplomas at 10.2% and certificates at 28.7%. Educational participation is high, with 27.5% of residents currently enrolled in formal education, including 10.6% in primary, 9.3% in secondary, and 2.0% in tertiary education.

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

The public transport analysis indicates that there are 15 active transport stops operating within Corangamite - South. These stops service a mix of buses, with a total of 6 individual routes providing 42 weekly passenger trips combined. The accessibility to these services is rated as limited, with residents typically located 1101 meters from the nearest transport stop.

On average, there are 6 trips per day across all routes, which equates to approximately 2 weekly trips per individual stop.

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 (3,499 people), compared to 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. 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 (1,706 people), which 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.

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, surveyed in August 2016, had a culturally diverse population that was below average. 89.3% of its residents were citizens, with 91.3% born in Australia and 96.8% speaking English at home. Christianity was the predominant religion, comprising 49.0%.

Judaism, however, was overrepresented at 0.1%, compared to the rest of Victoria's 0.1%. The top three ancestry groups were Australian (35.3%), English (31.5%), and Irish (10.1%). Notably, Dutch ancestry was overrepresented at 2.8% (regional average: 1.6%), Scottish at 9.8% (vs regional 10.0%), and New Zealand at 0.7% (regional average: 0.4%).

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

Corangamite - South's median age is 45 years, which is slightly higher than Rest of Vic.'s 43 years and considerably older than Australia's national norm of 38 years. Compared to the Rest of Vic. average, Corangamite - South has a notably over-represented 55-64 age cohort (15.0% locally) and an under-represented 35-44 age cohort (10.9%). Between 2021 and the present day, the 25 to 34 age group has grown from 10.2% to 11.3% of the population. Conversely, the 5 to 14 age cohort 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 Corangamite - South's age profile will significantly change by 2041. The 25 to 34 age cohort is projected to expand notably, increasing by 257 people (31%) from 825 to 1,083. Conversely, population declines are projected for the 5 to 14 and 55 to 64 age cohorts.