Corangamite - South
Statistical Area - sa2

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 7,280 as of Aug 2025. This reflects an increase of 100 people since the 2021 Census, which reported a population of 7,180 people. The change is inferred from the estimated resident population of 7,148 in June 2024 and an additional 78 validated new addresses since the Census date. This level of population equates to a density ratio of 4.0 persons per square kilometer. Corangamite - South's growth rate of 1.4% since the 2021 census exceeded the SA3 area's growth rate of 1.0%, marking it as a growth leader in the region. Population growth was primarily driven by overseas migration, contributing approximately 57.5% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For areas not covered, AreaSearch utilises VIC State Government's Regional/LGA projections released in 2023, with adjustments employing a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Based on the latest population numbers, an above median population growth is projected for Australia's non-metropolitan areas, with Corangamite - South expected to increase by 973 persons to 2041, marking an overall increase of 11.6% 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 granted around 27 residential property approvals annually. Development approval data is produced by the ABS on a financial year basis, showing 138 homes approved over the past five years from FY21 to FY25. As of FY26, four approvals have been recorded so far. Despite population decline in recent years, housing supply has remained adequate relative to demand, resulting in a balanced market with good buyer choice.

New homes are being built at an average construction cost value of $514,000. This financial year has seen $11.2 million in commercial approvals, indicating balanced commercial development activity. Compared to the rest of Victoria, Corangamite - South has about three-quarters the rate of new dwelling approvals per person and ranks among the 52nd percentile nationally.

Recent construction comprises 95% standalone homes and 5% medium and high-density housing, maintaining the area's traditional low density character focused on family homes. With around 316 people per approval, Corangamite - South reflects a low-density area. Future growth is projected to add 841 residents by 2041. Construction pace is expected to maintain with population growth, but buyers may face increasing competition as the population rises.

Corangamite - South has emerging levels of nearby infrastructure activity, ranking in the 24thth 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 have a notable impact on the area. These key projects include the Twelve Apostles Precinct Redevelopment, Shipwreck Coast Master Plan - Saddle Lookout, Princetown Eco Stay, and Warrnambool Line Upgrade. The following details those projects likely to be most relevant.

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

AreaSearch analysis reveals Corangamite - South significantly outperforming the majority of regions assessed nationwide

Corangamite South has a balanced workforce with equal representation of white and blue collar jobs across various sectors. Its unemployment rate is 1.0% as of June 2025.

There are 3882 residents employed with an unemployment rate 2.8% lower than Rest of Vic.'s 3.8%. Workforce participation is 62.1%, similar to Rest of Vic.'s 57.4%. Key industries include agriculture, forestry & fishing, health care & social assistance, and manufacturing. Agriculture, forestry & fishing has a strong presence with an employment share five times the regional level.

Health care & social assistance has limited presence at 8.9% compared to region's 16.8%. Many residents commute elsewhere for work based on Census data. From June 2024 to June 2025, labour force decreased by 1.8% and employment declined by 1.7%, keeping unemployment relatively stable at 1.0%. In comparison, Rest of Vic.'s employment fell by 0.9%, labour force contracted by 0.4%, and unemployment rose to 3.8%. State-level data from Sep-25 shows VIC employment grew by 1.08% year-on-year, with state unemployment rate at 4.7% compared to national rate of 4.5%. Jobs and Skills Australia projects national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Corangamite South's industry mix suggests local growth of approximately 4.5% over five years and 10.6% over ten years, assuming constant population projections.

Income levels sit below national averages according to AreaSearch assessment

AreaSearch's latest postcode level ATO data for financial year 2022 shows that income in Corangamite - South is below the national average. The median assessed income is $46,653, while the average income stands at $56,677. This contrasts with Rest of Vic.'s figures of 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 for Corangamite - South would be approximately $51,370 (median) and $62,407 (average) as of March 2025. Census data reveals that household, family, and personal incomes all rank modestly in Corangamite - South, between the 29th and 35th percentiles. Income brackets indicate that 31.0% of the population, equating to 2,256 individuals, fall within the $1,500 - 2,999 income range, which aligns with the metropolitan region 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.

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

In Corangamite - South, as recorded in the latest Census, 96.7% of dwellings were houses while 3.3% consisted of other types such as semi-detached and apartments. This is compared to Non-Metro Vic.'s 93.2% houses and 6.8% other dwellings. The home ownership rate in Corangamite - South was 48.3%, similar to that of Non-Metro Vic., with the remaining dwellings being mortgaged (32.9%) or rented (18.8%). The median monthly mortgage repayment in the area was $1,200, below Non-Metro Vic.'s average of $1,300 and significantly lower than the national average of $1,863. The median weekly rent figure for Corangamite - South was recorded at $231, compared to Non-Metro Vic.'s $250 and substantially below the national figure of $375.

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.

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

The area has university qualification rates of 15.2%, significantly lower than the Victorian average of 33.4%. This presents both challenges and opportunities for targeted educational initiatives. Bachelor degrees are the most common at 11.3%, followed by graduate diplomas (2.0%) and postgraduate qualifications (1.9%). Trade and technical skills are prominent, with 38.9% of residents aged 15+ holding vocational credentials - advanced diplomas (10.2%) and certificates (28.7%).

Educational participation is high at 27.5%, including primary (10.6%), secondary (9.3%), and tertiary education (2.0%). The five schools in Corangamite - South have a combined enrollment of 832 students, with typical Australian school conditions (ICSEA: 955) and balanced educational opportunities. The mix includes two primary, one secondary, and two K-12 schools. School places per 100 residents (11.4) are below the regional average (14.5), with some students likely attending schools in adjacent areas.

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

Analysis of public transport in Corangamite - South shows 15 active transport stops operating. These are a mix of bus stops serviced by 6 individual routes providing 42 weekly passenger trips. Transport accessibility is limited with residents typically located 1101 meters from the nearest stop.

Service frequency averages 6 trips per day across all routes, equating 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, which is around 3,494 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 declared themselves as 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 1,703 people, 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, analysed in 2016, showed cultural diversity below average. Its population was 89.3% Australian citizens, 91.3% born in Australia, and 96.8% spoke English only at home. Christianity dominated religiously with 49.0%.

Judaism was slightly overrepresented at 0.1%, compared to the regional 0.1%. Ancestry-wise, top groups were Australian (35.3%), English (31.5%), and Irish (10.1%). Notably, Dutch were overrepresented at 2.8% versus 1.6% regionally, Scottish at 9.8% versus 10.0%, and New Zealanders at 0.7% versus 0.4%.

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

Corangamite - South's median age of 45 years is slightly higher than Rest of Vic.'s 43, which is considerably older than the national norm of 38. Compared to the Rest of Vic. average, the 55-64 cohort is noticeably over-represented in Corangamite - South at 15.0%, while the 35-44 age group is under-represented at 10.9%. Between 2021 and present, the 25 to 34 age group has increased from 10.2% to 11.3% of the population. Conversely, the 5 to 14 cohort has declined from 12.6% to 10.8%, and the 45 to 54 group has dropped from 13.8% to 12.1%. Demographic projections suggest that by 2041, Corangamite - South's age profile will change significantly. The 25 to 34 age cohort is projected to grow by 258 people (31%), from 824 to 1,083. Conversely, population declines are projected for the 5 to 14 and 55 to 64 cohorts.