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 was around 7,096 as of May 2026, reflecting a decrease of 84 people since the 2021 Census which reported a population of 7,180. This change is inferred from an estimated resident population of 7,089 in June 2025 and an additional 89 validated new addresses since the Census date. The population density was 3.9 persons per square kilometer as of May 2026. While Corangamite - South experienced a 1.2% decline since the 2021 census, it performed better than the SA3 area which had a decrease of 1.6%. Natural growth contributed approximately 59.3% of overall population gains during recent periods. AreaSearch adopted ABS/Geoscience Australia projections for each SA2 area released in 2024 with a base year of 2022, and VIC State Government's Regional/LGA projections released in 2023 for areas not covered by the first data set, adjusted using weighted aggregation methods.

Future population dynamics project an above median growth for Australia's non-metropolitan areas, with Corangamite - South expected to increase by 996 persons to 2041 based on latest annual ERP population numbers, reflecting a total increase of 13.9% over the 16 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 approximately 27 residential property approvals annually. Over the past five financial years, from FY-21 to FY-25, around 138 homes were approved, with an additional 22 approved so far in FY-26. 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 Victoria, Corangamite - South records about three-quarters the building activity per person and ranks among the 51st percentile nationally. The new building activity consists of approximately 95% standalone homes and 5% attached dwellings, reflecting the area's low-density nature and attracting space-seeking buyers.

With around 316 people per approval, Corangamite - South indeed reflects a low-density area. According to AreaSearch's latest quarterly estimate, Corangamite - South is projected to add approximately 989 residents by 2041. Development in the area appears to be keeping pace with projected growth. However, as the population expands, buyers may face increasing competition for properties.

Corangamite - South has emerging levels of nearby infrastructure activity, ranking in the 25thth percentile nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified three projects likely to impact this region: Twelve Apostles Precinct Redevelopment, Shipwreck Coast Master Plan - Saddle Lookout, Princetown Eco Stay, and Warrnambool Line Upgrade. The following list details those most relevant.

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

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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 1.3% as of December 2025. The area's unemployment rate is 2.4% lower than Regional Vic.'s rate of 3.7%, while workforce participation is similar at 63.2%. According to Census responses in this period, 21.1% of residents worked from home.

Dominant employment sectors include agriculture, forestry & fishing, health care & social assistance, and manufacturing. The area has a notable concentration in agriculture, forestry & fishing, with employment levels at 5.0 times the regional average. However, health care & social assistance is under-represented, at 8.9% compared to Regional Vic.'s 16.8%. Many residents commute elsewhere for work based on Census data.

Between December 2024 and November 2025, labour force decreased by 6.8% while employment declined by 6.9%, leading to a rise in unemployment rate by 0.2 percentage points. In contrast, Regional Vic. experienced an employment decline of 0.6% and labour force decline of 0.7%, with a drop in unemployment rate by 0.1 percentage point. Jobs and Skills Australia's national employment forecasts from May-25 suggest potential future demand within Corangamite - South. National employment is forecast to expand by 6.6% over five years and 13.7% over ten years, with growth rates varying between industry sectors. Applying these projections to Corangamite - South's employment mix indicates local employment should increase by 4.5% over five years and 10.6% over ten years, though this is a simple extrapolation for illustrative purposes and does not account for localised population projections.

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

The Corangamite - South SA2 had a median taxpayer income of $48,277 and an average income of $58,911 in the financial year 2023, according to postcode level ATO data aggregated by AreaSearch. This was below the national average for Regional Vic., which had a median income of $50,954 and an average income of $62,728. Based on Wage Price Index growth of 9.62% since financial year 2023, current estimates would be approximately $52,921 for the median and $64,578 for the average as of March 2026. According to Census 2021 income data, household, family, and personal incomes in Corangamite - South ranked modestly, between the 29th and 35th percentiles. The earnings profile showed that the largest segment comprised 31.0% earning $1,500 - $2,999 weekly (2,199 residents), aligning with regional levels where this cohort likewise represented 30.3%. Housing costs were manageable with 90.4% retained, though disposable income sat below average at the 37th percentile and 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 per the latest Census, consisted of 96.7% houses and 3.3% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Regional Vic.'s 90.1% houses and 9.9% other dwellings. Home ownership in Corangamite - South stood at 48.3%, with the rest being mortgaged (32.9%) or rented (18.8%). The median monthly mortgage repayment was $1,200, lower than Regional Vic.'s average of $1,430. Median weekly rent in Corangamite - South was $231, compared to Regional Vic.'s $285. Nationally, Corangamite - South's median monthly mortgage repayment is significantly lower at $1,200 than the Australian average of $1,863, while median weekly rent is 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, consisting of 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 is 2.5 people, which 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'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%). Trade and technical skills are prevalent, with 38.9% of residents aged 15+ holding vocational credentials - advanced diplomas (10.2%) and certificates (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

Corangamite - South has 15 active public transport stops serviced by three routes offering 36 weekly passenger trips. Residents are typically 1102 meters from the nearest stop. Most commute outward daily, with car being the dominant mode at 82%. Walking accounts for 13% of journeys. Average vehicle ownership is 1.9 per dwelling, above the regional average. According to the 2021 Census, 21.1% of residents work from home, possibly due to COVID-19 conditions.

Service frequency averages five trips per day across all routes, resulting in approximately two weekly trips per 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 shows better-than-average health outcomes based on AreaSearch's assessment. Mortality rates and chronic condition prevalence were low for both young and old age groups. Only 48% (~3,434 people) had private health cover, lower than Regional Vic.'s 50.5% and the national average of 55.7%.

Common conditions were asthma (8.2%) and arthritis (8.1%), with 67.9% reporting no medical ailments, higher than Regional Vic.'s 63.4%. Working-age residents had above-average chronic health condition prevalence. The area has 24.4% of residents aged 65 and over (1,731 people). Health outcomes among seniors are particularly strong, ranking even better than the general population nationally.

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, as per the census conducted on 28 August 2016, showed below-average cultural diversity. Its population was predominantly Australian citizens (89.3%), born in Australia (91.3%), and speaking English at home (96.8%). Christianity was the major religion, accounting for 49.0% of the population.

Judaism, however, was overrepresented compared to Regional Vic., with 0.1% of Corangamite-South's population identifying as such. In terms of ancestry, Australian (35.3%), English (31.5%), and Irish (10.1%) were the top groups, all higher than their respective regional averages. Notably, Dutch (2.8%) and Scottish (9.8%) groups were overrepresented compared to Regional Vic., while New Zealanders made up 0.7% of Corangamite-South's population.

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

Corangamite - South's median age in 2021 was 45 years, which is higher than Regional Vic.'s median age of 43 years. This is considerably older than the national norm of 38 years. Compared to the Regional Vic. average, the 55-64 cohort is notably over-represented in Corangamite - South at 14.8%, while the 5-14 year-olds are under-represented at 10.5%. Between 2021 and the present day, the 75 to 84 age group has grown from 7.0% to 8.3% of the population, while the 65 to 74 cohort increased from 12.0% to 13.1%. Conversely, the 45 to 54 cohort has declined from 13.8% to 11.3%, and the 5-14 group dropped from 12.6% to 10.5%. Demographic modeling suggests that Corangamite - South's age profile will evolve significantly by 2041. The 75 to 84 age cohort is projected to expand by 258 people (44%), from 590 to 849. Conversely, population declines are projected for the 55 to 64 and 15 to 24 cohorts.