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 7,438 as of February 2026, according to AreaSearch's analysis. This figure represents an increase of 258 people, a 3.6% rise from the 2021 Census which reported a population of 7,180. The change is inferred from the estimated resident population of 7,148 in June 2024 and an additional 84 validated new addresses since the Census date. This results in a density ratio of 4.1 persons per square kilometer. Corangamite - South's growth of 3.6% since the 2021 census exceeded the SA3 area's growth rate of 3.1%, positioning it as a growth leader in the region. Overseas migration contributed approximately 57.5% of overall population gains during recent periods, driving primary population growth for the area.

AreaSearch adopts 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 utilises VIC State Government's Regional/LGA projections from 2023, adjusted using a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group are applied across all areas for the years 2032 to 2041. Based on projected demographic shifts, an above median population growth is expected in Australia's regional areas, with Corangamite - South projected to expand by 973 persons to 2041, reflecting a total increase of 9.2% 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 approximately 27 residential property approvals annually over the past five financial years, totalling 138 homes. As of FY-26, 14 approvals have been recorded. Despite a decrease in population during this period, housing supply has remained adequate relative to demand, resulting in a balanced market with good buyer choice. The average expected construction cost value for new dwellings is $349,000.

In the current financial year, there have been $11.2 million in commercial approvals, indicating balanced commercial development activity. Compared to the rest of Victoria, Corangamite - South has around three-quarters the rate of new dwelling approvals per person and ranks among the 51st percentile nationally. Recent construction comprises 95% detached houses and 5% 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. According to AreaSearch quarterly estimates, Corangamite - South is forecasted to gain 683 residents by 2041. 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

The performance of an area can significantly be influenced by changes to its 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 details those projects likely to be most relevant.

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

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

Corangamite - South has a balanced workforce with both white and blue collar jobs, diverse sector representation, and an unemployment rate of 1.4% as of September 2025. The area's unemployment rate is 2.4 percentage points lower than the Rest of Vic.'s rate of 3.8%. Workforce participation in Corangamite - South is 63.6%, slightly higher than Rest of Vic.'s 61.4%.

According to Census responses, 21.1% of residents work from home. The dominant employment sectors are agriculture, forestry & fishing, health care & social assistance, and manufacturing. Corangamite - South has a particular specialization in agriculture, forestry & fishing, employing 5.0 times the regional level. However, health care & social assistance employs only 8.9% of local workers, lower than Rest of Vic.'s 16.8%.

Over the year to September 2025, labour force levels decreased by 3.3%, and employment declined by 3.6%, causing unemployment to rise by 0.3 percentage points. National employment forecasts from Jobs and Skills Australia project a growth of 6.6% 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.

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

The median taxpayer income in Corangamite - South SA2 is $48,277 according to postcode level ATO data aggregated by AreaSearch for the financial year 2023. The average income is $58,911. This is below the national average, with Rest of Vic.'s median income being $50,954 and average income being $62,728. Based on Wage Price Index growth of 8.25% since financial year 2023, current estimates would be approximately $52,260 (median) and $63,771 (average) as of September 2025. According to the 2021 Census figures, household incomes rank at the 30th percentile, family incomes at the 34th percentile, and personal incomes at the 35th percentile in Corangamite - South. The largest segment of income earners comprises 31.0% earning between $1,500 to $2,999 weekly (2,305 residents). This pattern is similar to the surrounding region where 30.3% occupy this income range. Housing costs are manageable with 90.4% retained. However, disposable income ranks at the 37th percentile and the area's SEIFA income ranking places it in the fifth 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). In comparison, Non-Metro Vic. had 90.1% houses and 9.9% other dwellings. Home ownership in Corangamite - South was at 48.3%, with the rest being mortgaged (32.9%) or rented (18.8%). The median monthly mortgage repayment in the area was $1,200, lower than Non-Metro Vic.'s average of $1,430. The median weekly rent figure was recorded at $231, compared to Non-Metro Vic.'s $285. 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 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 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 Rest of 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%). Vocational credentials are prevalent, with 38.9% of residents aged 15+ holding them, including advanced diplomas (10.2%) and certificates (28.7%). Educational participation is high at 27.5%, with 10.6% in primary education, 9.3% in secondary education, and 2.0% pursuing 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 located 1102 meters from the nearest stop. Most residents commute outward daily, with car being the dominant mode at 82%, and 13% walking. The average vehicle ownership is 1.9 per dwelling, above the regional average. According to the 2021 Census, 21.1% of residents work from home, which may reflect COVID-19 conditions. Service frequency averages five trips per day across all routes, equating to approximately two weekly trips per individual stop.

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 shows superior health outcomes according to AreaSearch's evaluation of mortality rates and chronic condition prevalence. Both young and elderly cohorts exhibit low prevalence of common health conditions. Private health cover is relatively low at approximately 48% (~3,599 people), compared to Rest of Vic.'s 50.5% and the national average of 55.7%.

Asthma and arthritis are the most prevalent conditions, affecting 8.2 and 8.1% respectively. 67.9% report no medical ailments, higher than Rest of Vic.'s 63.4%. Working-age residents have a higher chronic health condition prevalence. The area has 23.8% residents aged 65 and over (1,769 people). Health outcomes among seniors are notably 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, found in a study to have below average cultural diversity, had 89.3% of its population as citizens, 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. Notably, Judaism was slightly overrepresented at 0.1%, compared to 0.1% across Rest of Vic.

In terms of ancestry, Australian parents were most common at 35.3%, higher than the regional average of 29.6%. English and Irish parents followed at 31.5% and 10.1% respectively. Dutch ancestry was notably overrepresented at 2.8%, compared to 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 is slightly higher than Rest of Vic.'s 43 years, which is considerably older than Australia's national norm of 38 years. Compared to the Rest of Vic. average, the 55-64 age cohort is notably over-represented in Corangamite - South at 14.8%, while the 5-14 year-olds are under-represented at 10.1%. Between 2021 and the present, the population aged 25 to 34 has grown from 10.2% to 11.8%, and the 35 to 44 cohort has increased from 10.2% to 11.3%. Conversely, the 5-14 age group has declined from 12.6% to 10.1%, and the 45 to 54 group has dropped from 13.8% to 11.5%. Demographic projections suggest that Corangamite - South's age profile will change significantly by 2041. The 75-84 age cohort is projected to grow notably, increasing by 224 people (38%) from 595 to 820. Conversely, population declines are projected for the 5-14 and 55-64 cohorts.