Corio - Lovely Banks

SA2

Rest of Vic. / Geelong

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Data Sources ABSValuer GeneralRental BoardACARA Newest Sep 2026 · Refreshed ABS QuickStats 203021486 How we calculate this
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Statistical Area (SA2) Boundary Analysis

This analysis uses ABS Statistical Areas Level 2 (SA2) boundaries, which can materially differ from Suburbs and Localities (SAL) even when sharing similar names.

SA2 boundaries are defined by the Australian Bureau of Statistics and are designed to represent communities for statistical reporting (e.g., census and ERP).

Suburbs and Localities (SAL) represent commonly-used suburb/locality names (postal-style areas) and may use different geographic boundaries. For comprehensive analysis, consider reviewing both boundary types if available.

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Sales ActivityProperty Sales Trends in Corio - Lovely Banks

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DemographicsPopulation Growth in Corio - Lovely Banks

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Corio - Lovely Banks has an estimated 18,518 residents, up from 18,325 at the 2021 Census — a change of 193 people, or 1.1%. 124 new addresses have been validated here since Census night. That puts 249 residents on each square kilometre. Population is estimated from ABS Estimated Resident Population releases and GNAF address data, re-based from the 2021 Census and updated annually.

Detail

As of Aug 2026, demographic assessments by AreaSearch place the Corio - Lovely Banks community at approximately 18,518 residents. This marks a modest rise of 193 people (1.1%) relative to the 18,325 people tallied during the 2021 Census. This adjustment draws upon an ABS estimated resident population count of 18,500 recorded in June 2025 alongside 124 validated new addresses documented following the Census count. Given this population count, the area registers a density of 249 persons per square kilometer, ensuring considerable personal space alongside capacity for subsequent development. Net overseas migration served as the principal demographic driver, underpinning roughly 62.3% of recent population additions.

Population projections for individual SA2 zones are sourced from ABS/Geoscience Australia figures published in 2024 using 2022 as their benchmark year. Where specific SA2 coverage is absent, AreaSearch applies the 2023 VIC State Government Regional/LGA projections, adjusting them via a weighted aggregation framework to translate LGA growth to SA2 boundaries. Age-group growth trajectories derived from these aggregations are similarly utilized for all localities across the 2032 to 2041 timeframe. Anticipated population shifts place the district within the highest quartile among non-metropolitan areas nationwide, with projections pointing to an addition of 4,265 persons by 2041 relative to prevailing annual ERP statistics, representing a cumulative 16-year gain of 22.9%.

Frequently Asked Questions - Population

What is the latest population estimate for the Corio - Lovely Banks SA2?
Total population for the Corio - Lovely Banks SA2 was estimated to be approximately 18,518 as at Aug 26. This is based upon an estimated resident population of 18,500 from the ABS up to June 2025.
How has the population in the Corio - Lovely Banks SA2 changed since 2021?
The corio - lovely banks sa2 has added approximately 193 people and shown a 1.05% increase from the 18,325 people recorded at the 2021 Census period.
What is the population density in the Corio - Lovely Banks SA2?
The population density in the Corio - Lovely Banks SA2 is estimated at 249 persons per square kilometer based on the latest population estimate.
How much has the population grown over the past 10 years in the Corio - Lovely Banks SA2?
Over the past 10 years, the population in the Corio - Lovely Banks SA2 has shown a compound annual growth rate of 0.3% per annum.
What are the main drivers of population growth in the Corio - Lovely Banks SA2?
Population growth in the Corio - Lovely Banks SA2 is driven by: Overseas migration (62.3%), Natural increase (37.7%), Interstate migration (0.0%). The primary driver is Overseas migration, contributing 62.3% of overall population gains.

Residential SupplyHousing Development & Building Approvals in Corio - Lovely Banks

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383 new dwellings have been approved in Corio - Lovely Banks over the past five years, an average of 76 a year. That is 4.2 approvals per 1,000 residents. Of the 76 dwellings approved in the latest reporting year, 67% were detached houses and the rest townhouses or apartments. Figures come from ABS building approvals aggregated to this SA2 boundary and are updated monthly as the ABS releases them.

Detail

Residential building authorisations in Corio - Lovely Banks have averaged roughly 76 per annum, delivering a cumulative total of 383 homes across the preceding 5 financial years. In the context of local population contractions, this construction pace has offered sound opportunities for home seekers, particularly as average construction costs stand at $336,000—a figure lower than typical regional levels that highlights local affordability. Furthermore, commercial building approvals have reached $1.3 million across the current financial year, underlining the district's predominantly residential character. Dwelling creation in Corio - Lovely Banks trails broader activity across Rest of Vic., falling 57.0% below the per-person regional benchmark.

Such constrained new supply generally underpins market demand and capital values for established stock. Of the recently approved dwellings, detached houses comprise 67.0% while semi-detached and attached formats account for 33.0%, incorporating a wider selection of townhomes and units across varied price brackets to support both family households and compact, cost-effective living. This marks a clear transition from the existing built environment (which is 92.0% houses), signaling diminished land availability for greenfield construction alongside evolving buyer preferences for varied, entry-level housing choices. An estimated ratio of 366 people per residential approval underscores the subdued, low-volume building landscape. Demographic projections from the most recent AreaSearch quarterly update indicate Corio - Lovely Banks will expand by 4,233 residents up to 2041. Should current construction volumes persist, housing completions could fall short of resident inflows, likely intensifying buyer competition and reinforcing upward property value trends.

Frequently Asked Questions - Development

How many dwelling approvals have occurred in the Corio - Lovely Banks SA2 recently?
Dwelling approval activity in the the Corio - Lovely Banks SA2 area has seen 169 residential approvals over the past two financial years, based on AreaSearch's SA2 aggregation method. The Corio - Lovely Banks SA2's current population of 18,518 has been supported by 76 approvals on average over recent years.
How does the Corio - Lovely Banks SA2's development activity compare to the broader region?
The Corio - Lovely Banks SA2 has seen 0.42 approvals per 100 people in recent years, compared to 0.75 approvals in the broader region. This means that one dwelling has been approved for every 366 people in the Corio - Lovely Banks SA2, compared to one for every 145 in the broader region.
Is the Corio - Lovely Banks SA2 keeping up with housing demand?
With the population expected to increase by 4,233 people by 2041, around 2,117 new dwellings will be necessary. Recent approval levels may be insufficient to meet these forecasts, considering the census average of 2.0 persons per dwelling. This indicates potential housing shortages if current approval trends continue.
What has been the trend in development approvals over the past five years in the Corio - Lovely Banks SA2?
Looking at development activity over the past five years, the Corio - Lovely Banks SA2's approval levels have been slightly above the yearly average of 76, showing modest growth in recent years.
How many dwellings will be needed to accommodate future population growth in the Corio - Lovely Banks SA2?
The population in the Corio - Lovely Banks SA2 is expected to grow by 4,233 people by 2041, necessitating approximately 2,117 new dwellings. This calculation is based on the current census average of 2.0 persons per dwelling in the area.
How does recent development compare to population growth in the Corio - Lovely Banks SA2?
Over the past five years, the population in the Corio - Lovely Banks SA2 has grown by approximately 1,308 people, while 383 residential approvals were recorded. This equates to a ratio of 3.4 people added for each new dwelling approval. This high ratio suggests strong population growth relative to housing supply, potentially indicating unmet housing demand.
Are there opportunities for residential developers in the Corio - Lovely Banks SA2?
With dwelling approval activity running at an average of 76 approvals per year and a population of 18,518, there appears to be a supply shortfall relative to projected demand, presenting strong opportunities for residential developers. With the population expected to increase by 4,233 people by 2041, around 2,117 new dwellings will be necessary. Current approval trends may be insufficient to meet forecast demand, indicating strong development opportunities.
Approvals Pipeline Development applications near Corio - Lovely Banks

Development applications around Corio - Lovely Banks

Development approvals is a new addition to AreaSearch. We’re actively expanding council coverage and refining the dataset — details and statuses for some councils may be partial. Check back regularly for the latest pipeline.
Application search is not available in Victoria. AreaSearch holds 88 applications for Corio - Lovely Banks, but they are a record of past activity rather than a current register. Victoria has no state-wide planning portal and its council coverage is uneven, so we have switched the search off here rather than return partial answers. We are currently investigating a solution. No credits are charged for Victorian applications, and building approvals from the ABS and the major projects we track are unaffected.

SOURCE: Planning portals and council registers, compiled by AreaSearch. Distance & bearing measured from the suburb midpoint.

Project PipelineInfrastructure & Major Projects in Corio - Lovely Banks

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AreaSearch tracks 5 current infrastructure and development projects inside Corio - Lovely Banks, worth an estimated $11.1 billion. A further 134 sit in the immediately surrounding suburbs, taking the tracked pipeline within reach of the area to $48 billion. 30 are already under construction and 48 are due for completion within three years. The pipeline spans residential development, communities, precincts & urban renewal and transport & logistics. Records are compiled from Infrastructure Australia, state agencies, council planning portals and public announcements, reviewed and updated daily, then ranked by proximity, construction stage, completion horizon and project scale.

Detail

Infrastructure upgrades, major developments, and urban planning initiatives play a decisive role in shaping local performance. AreaSearch has pinpointed 32 key projects positioned to influence the district. Prominent developments include the Lovely Banks Development, Stead Park Hockey Facility Upgrade, Corio Convenience Retail Hub, and Cedar Woods Corio Residential Estate, with primary initiatives detailed in the accompanying overview.

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

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Frequently Asked Questions - Infrastructure

What are some of the major infrastructure and planning changes likely to influence the Corio - Lovely Banks SA2?
Key infrastructure and planning changes likely to influence the Corio - Lovely Banks SA2 include: Cedar Woods Corio Residential Estate (Planning); Stead Park Hockey Facility Upgrade (Planning); Lovely Banks Development (Planning); Corio Convenience Retail Hub (Completed); and Wattle Grove Estate (Completed). These projects represent significant developments that will shape the area's future infrastructure landscape.
What types of infrastructure projects are impacting the Corio - Lovely Banks SA2?
Infrastructure development impacting the Corio - Lovely Banks SA2 spans multiple sectors including Residential Development, Communities, Precincts & Urban Renewal, and Health & Medical, among others.
What is the scale of infrastructure investment impacting the Corio - Lovely Banks SA2?
Infrastructure investment analysis indicates substantial capital deployment exceeding $12.7 billion in projects that will impact the extended area, with a notable concentration of investment within the immediate the Corio - Lovely Banks SA2 vicinity.
How does the Corio - Lovely Banks SA2's infrastructure development compare to other areas?
The Corio - Lovely Banks SA2 shows moderate infrastructure development relative to national averages, with opportunities for future growth and investment.
Stead Park Hockey Facility Upgrade
Category: Sports & Recreation
Stage: Construction | Est. Comp: 2026
Source / Links: Link 1   Link 2  

Redevelopment of Geelong's premier hockey venue at Stead Park, Corio, funded under the Victorian Government's Regional Sports Infrastructure Program. Works include a new two-storey pavilion centrally located between the two hockey pitches, featuring four change rooms, match officials rooms, canteen, equipment storage and first aid on the ground floor, and a social space, meeting room, kitchen and terrace seating overlooking both pitches on the upper level. The western pitch is being redeveloped with a new playing surface, fencing, drainage, 500 lux sports lighting and an electronic scoreboard to support national-level hockey events.Additional accessible car parking and a new access road are also included. Construction commenced September 2025 and is being delivered by Fairbrother Pty Ltd on behalf of Development Victoria and Sport and Recreation Victoria.

Sports & Recreation

Lovely Banks Development
Category: Communities, Precincts & Urban Renewal
Stage: Planning | Est. Comp: 2045
Source / Links: Link 1   Link 2  

A massive 2,000-hectare masterplanned community in Geelong's Northern Growth Area, Lovely Banks is designed to deliver approximately 15,000 homes for 45,000 residents. The project features five distinct neighbourhoods with defined edges, vibrant activity centres, and 6-10 schools. It prioritises sustainability via One Planet Living Principles, radical street designs focused on existing vegetation, and a skyline botanical garden. The development is currently progressing through the Elcho Road West Precinct Structure Plan (PSP) phase, with sales releases estimated for 2028.

Communities, Precincts & Urban Renewal

Corio Housing Development - Edenville
Category: Residential Development
Stage: Planning | Est. Comp: 2027
Source / Links: Link 1   

Three-stage $50 million development creating 108 new residences including 48 apartments across multiple lots at Sharland Road and McHarry Court. Mix of single and double-storey properties with lots ranging from 100-449sqm, aimed at creating affordable housing opportunities in Geelong's northern suburbs.

Residential Development

Gateway Green Estate
Category: Residential Development
Stage: Construction | Est. Comp: 2027
Source / Links: Link 1   

Masterplanned residential estate at the former Norlane High School site delivering approximately 125-130 homes through turnkey house and land packages together with future townhouse superlots. Civil construction is underway and completed house and land packages continue to be released for sale.

Residential Development

Corio Convenience Retail Hub
Category: Retail
Stage: Completed | Est. Comp: 2024

A completed convenience and retail hub strategically positioned at the corner of Princes Highway and Harpur Road in Geelong's evolving Corio Retail Precinct. The development offers multiple tenancies including 600-2,400sqm showrooms, 139.5sqm food outlet, and 146.8sqm coffee drive-thru, with exceptional exposure to over 43,000 vehicles daily. Located near major brands including Dan Murphys, KFC, McDonalds, Ampol, Petstock and Harvey Norman.

Retail

Somerley
Category: Residential Development
Stage: Approved | Est. Comp: 2031
Source / Links: Link 1   Link 2  

Somerley is a new masterplanned 18.6-hectare residential community in Corio, near Geelong. Acquired by Cedar Woods Properties, the project features 400 thoughtfully designed homes alongside beautiful parklands and a proposed central park. The estate caters to young families, first-home buyers, and downsizers, designed to address the anticipated housing supply shortfall in the greater Geelong market.

Residential Development

Kinetic Lara
Category: Commercial & Industrial
Stage: Construction | Est. Comp: 2027
Source / Links: Link 1   

Kinetic Lara is a 40-hectare masterplanned industrial and logistics business park developed by Montgomery Property Group at 220 Heales Road in Lara, within the Geelong Ring Road Employment Precinct. The estate delivers over 30 fully serviced industrial lots, manufacturing facilities, high-clearance warehouses, and direct arterial access to the Princes Freeway. Civil subdivision construction and warehouse building works are actively ongoing.

Commercial & Industrial

Wathaurong Dreaming Project - Morgan Street Redevelopment
Category: Social Infrastructure
Stage: Construction | Est. Comp: 2027

The $43.6 million Wathaurong Dreaming Project involves the redevelopment of the Wathaurong Aboriginal Co-operative headquarters into a state-of-the-art Aboriginal community and health hub. The three-storey facility consolidates comprehensive healthcare services, social and emotional wellbeing programs, family and youth support, cultural gathering spaces, and administration under one roof. Jointly funded by the Victorian Government, Federal Government, and the Co-operative, site demolition and main construction commenced in 2025/2026 with completion expected by 2027.

Social Infrastructure

Jobs & IndustryEmployment Trends in Corio - Lovely Banks

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7,641 residents of Corio - Lovely Banks are employed, from a labour force of 8,749. Unemployment sits at 12.7%, with participation at 57.5%. Weighted for its industry mix, the area's sectors are forecast to grow about 5.8% nationally over five years. That reflects industry composition only and makes no allowance for local population growth. Unemployment and labour force come from ABS Small Area Labour Markets, updated quarterly; the industry and occupation profile is from the 2021 Census.

Detail

A balanced mix of manual and professional vocations defines the Corio - Lovely Banks labour pool, with the building and construction trade displaying notable prominence, an overall jobless rate of 12.7%, and consistent workforce metrics over the preceding twelve months. Employment stood at 7,641 residents as of March 2026, though unemployment exceeds the Regional Vic. benchmark of 3.7% by 9.0%, indicating capacity for workforce gains, while the labour participation rate of 57.5% sits below the 61.1% recorded across Regional Vic.. Census returns indicate that merely 9.8% of employed locals worked remotely from home, a metric that may incorporate the effect of Covid-19 restrictions.

Local workers are predominantly engaged across health care & social assistance, retail trade, and construction. Manufacturing stands out as a clear local specialization, commanding a workforce proportion 1.5 times the regional norm. Conversely, agriculture, forestry & fishing represents just 2.0% of local jobs, well under the 7.5% regional share. Comparisons between resident workers and local workplace positions recorded in the Census point to a limited volume of jobs situated directly within the area. AreaSearch evaluations of ABS and SALM releases indicate that over the 12-month period, local employment expanded by 0.2% while the active labour force shrank by 0.9%, resulting in a 0.9 percentage points contraction in the unemployment rate. By comparison, Regional Vic. saw employment fall by 0.1%, the workforce drop by 0.3%, and the jobless rate decrease by 0.2 percentage points. Future industry labour requirements can be evaluated using national forecasts published by Jobs and Skills Australia in Mar-26. Projected across five- and ten-year horizons, these figures were weighted against the local occupational profile to estimate local employment trajectories. While national headcount is anticipated to rise by 6.6% across five years and 13.7% over ten years, trajectories vary across specific sectors. Applying these industry weightings to the local employment base suggests local job counts could expand by 5.8% over five years and 12.4% over ten years (noting this illustrative weighting model does not incorporate sub-regional population forecasts).

Frequently Asked Questions - Employment

What is the employment situation in the Corio - Lovely Banks SA2?
As of March 2026, the Corio - Lovely Banks SA2 has approximately 7,641 employed residents with an unemployment rate of 12.7%. The elevated unemployment rate suggests challenging labour market conditions. The area faces employment challenges compared to other regions nationally.
How does the Corio - Lovely Banks SA2's unemployment rate compare to the broader region?
As of March 2026, the unemployment rate in the Corio - Lovely Banks SA2 stands at 12.7%, which is 9.0 percentage points above Regional Vic.'s rate of 3.7%. This higher unemployment rate may indicate local labour market challenges. For comparison, the national unemployment rate is 4.2%.
What are the major employment sectors in the Corio - Lovely Banks SA2?
The employment landscape in the Corio - Lovely Banks SA2 is dominated by several key sectors. The largest employers are health care & social assistance (14.5% of employment), retail trade (12.8%), and construction (12.2%). Other significant employers include manufacturing and accommodation & food.
How has employment changed recently in the Corio - Lovely Banks SA2?
Over the past year to March 2026, the Corio - Lovely Banks SA2 has experienced employment growth, with total employment increasing while the labour force decreased. As a result, the unemployment rate has fall. By comparison, Regional Vic. saw employment decreased and its unemployment rate dropped.
What is the workforce participation rate in the Corio - Lovely Banks SA2?
The workforce participation rate in the Corio - Lovely Banks SA2 is 57.5%, which represents the proportion of working-age residents who are either employed or actively seeking work. This moderate participation rate suggests some residents may face barriers to workforce entry. The local rate trailing the Regional Vic. average of 61.1%, showing similar workforce dynamics to the broader region.
Which industries are over-represented in the Corio - Lovely Banks SA2's employment market?
The corio - lovely banks sa2 shows notable specialization in manufacturing, which employs 11.3% of the local workforce compared to 7.7% regionally. This moderate specialization indicates some local strength in the sector. The area also shows above-average employment in 2 other sectors, contributing to a distinctive economic profile.
What are the employment growth prospects for the Corio - Lovely Banks SA2?
Based on Jobs and Skills Australia projections applied to the Corio - Lovely Banks SA2's industry mix, employment is expected to grow by 5.8% over the next five years and 12.4% over ten years. This compares to national growth expectations of 6.6% over five years. Steady growth is anticipated across multiple sectors, providing diverse employment opportunities.
How does the job market in the Corio - Lovely Banks SA2 compare nationally?
The corio - lovely banks sa2's employment market shows weaker performance compared to most areas nationally. This suggests the need for targeted economic development initiatives. Recent job advertisement trends show the broader employment region saw a 3.2% decline, ranking 26.0th out of 37 regions nationally.
What employment opportunities exist for skilled workers in the Corio - Lovely Banks SA2?
Skilled workers will find good opportunities in the Corio - Lovely Banks SA2, with skilled sectors accounting for 26.0% of employment. Key sectors for skilled workers include health care & social assistance (14.5%), education & training (6.8%), and professional & technical (2.8%). With projected employment growth of 5.8% over five years, demand for skilled workers is expected to remain strong.

EarningsHousehold Income in Corio - Lovely Banks

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Median household income in Corio - Lovely Banks is $1,230 a week (about $64,000 a year), with median personal income at $574 a week. ATO records put median taxable income at $48,565 a year against an average of $54,577. Household income is from the 2021 Census; taxable income is from ATO Taxation Statistics for the latest financial year available, indexed forward using the ABS Wage Price Index.

Detail

Taxation records compiled by AreaSearch from the ATO for financial year 2023 place earnings in the Corio - Lovely Banks SA2 below national benchmarks. Taxpayers in the SA2 recorded a median income of $48,565 and an average income of $54,577, trailing the respective figures of $50,954 and $62,728 observed across Regional Vic.. Factoring in Wage Price Index expansion of 9.62% from financial year 2023 brings estimated figures to approximately $53,237 for median earnings and $59,827 for average earnings as of March 2026. According to 2021 Census metrics, household, family, and individual incomes across Corio - Lovely Banks sit within the 8th to 15th percentiles across the nation.

The $800 - 1,499 bracket forms the largest earnings group locally, capturing 29.7% of residents (5,499 individuals), in contrast to the broader region where the $1,500 - 2,999 band leads at 30.3%. Severe housing cost pressures leave residents with 83.7% of their earnings after housing expenses, placing the locality in the 16th percentile nationwide.

Frequently Asked Questions - Income

What is the median taxable income in the Corio - Lovely Banks SA2?
Based on Wage Price Index adjustments to March 2026, the estimated median taxable income in the Corio - Lovely Banks SA2 is approximately $53,237. The official ATO data from FY-23 recorded a median of $48,565.
What is the average taxable income in the Corio - Lovely Banks SA2?
Based on Wage Price Index adjustments to March 2026, the estimated average taxable income in the Corio - Lovely Banks SA2 is approximately $59,827. The official ATO data from FY-23 recorded an average of $54,577.
How does the median taxable income in the Corio - Lovely Banks SA2 compare to the region?
Based on Wage Price Index adjustments to March 2026, the estimated median taxable income in the Corio - Lovely Banks SA2 is approximately $53,237 compared to $55,856 in Regional Vic.. The official ATO data from FY-23 shows $48,565 and $50,954 respectively.
How does the average taxable income in the Corio - Lovely Banks SA2 compare to the region?
Based on Wage Price Index adjustments to March 2026, the estimated average taxable income in the Corio - Lovely Banks SA2 is approximately $59,827 compared to $68,762 in Regional Vic.. The official ATO data from FY-23 shows $54,577 and $62,728 respectively.
What are the main income cohorts in the Corio - Lovely Banks SA2 according to the 2021 Census?
As per the 2021 Census, the income bracket containing the largest proportion (~29.7% / 5,499 persons) of the Corio - Lovely Banks SA2's population is the $800 - 1,499 cohort.
How do the main income cohorts in the Corio - Lovely Banks SA2 compare to the region?
The largest income cohort in the Corio - Lovely Banks SA2 is the $800 - 1,499 group, representing about 29.7% of the population. In comparison, Regional Vic.'s largest income cohort is the $1,500 - 2,999 group, representing 30.3% of its population, according to the 2021 Census.
What is the median household income in the Corio - Lovely Banks SA2 according to the 2021 Census?
The 2021 Census data indicates that the median household income in the Corio - Lovely Banks SA2 is $1,230/wk.
What is the median family income in the Corio - Lovely Banks SA2 according to the 2021 Census?
According to the 2021 Census, the median family income in the Corio - Lovely Banks SA2 is $1,430/wk.
What is the median personal income in the Corio - Lovely Banks SA2 according to the 2021 Census?
The 2021 Census shows that the median personal income in the Corio - Lovely Banks SA2 is $574/wk.
How does the Corio - Lovely Banks SA2's income rank nationally?
The Corio - Lovely Banks SA2's income level is lower than average on a national basis according to the latest ATO data aggregated by AreaSearch for FY-23. The Corio - Lovely Banks SA2's median income among taxpayers is $48,565 and the average income stands at $54,577, which compares to figures for Regional Vic.'s of $50,954 and $62,728 respectively. Based on Wage Price Index growth of 9.62% since FY-23, current estimates would be approximately $53,237 (median) and $59,827 (average) as of March 2026.
What is the disposable income in the Corio - Lovely Banks SA2?
The estimated disposable income in the Corio - Lovely Banks SA2 is $4,461 per year according to AreaSearch analysis.
How does the Corio - Lovely Banks SA2's disposable income compare to the region?
The corio - lovely banks sa2's disposable income is $4,461 compared to $5,209 for Regional Vic., based on AreaSearch analysis.

Housing StockHousing & Dwellings in Corio - Lovely Banks

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Corio - Lovely Banks had 6,516 occupied dwellings at the 2021 Census, 92% detached houses and 1% apartments. 32% are owned with a mortgage, 37% rented and 31% owned outright. At that Census the median rent was $280 a week and the median mortgage repayment $1,300 a month. Rent absorbs 22.8% of household income here and mortgage repayments 24.4%. Dwelling stock, tenure and housing costs are 2021 Census measures — the only source that counts dwellings at this boundary size.

Detail

According to the latest Census, separate houses constituted 91.5% of the Corio - Lovely Banks housing stock, with remaining formats (such as apartments, semi-detached, and 'other' dwellings) representing 8.5%, compared to 90.1% houses and 9.9% other dwelling types across Regional Vic.. Outright home ownership stood at 30.6%, trailing broader regional levels, while mortgaged properties accounted for 32.0% and rental accommodation comprised 37.4%. Typical monthly mortgage payments were $1,300, below the $1,430 benchmark for Regional Vic., while typical weekly rent was $280 compared to $285 regionally. On a national level, mortgage commitments in Corio - Lovely Banks are well below the Australian norm of $1,863, and rental rates remain markedly lower than the national figure of $375.

Frequently Asked Questions - Housing

What percentage of homes are owned vs rented in the Corio - Lovely Banks SA2?
In the Corio - Lovely Banks SA2, 30.6% of homes are owned outright, 32.0% are owned with a mortgage, and 37.4% are rented.
What percentage of dwellings in the Corio - Lovely Banks SA2 are houses?
According to the latest data, 91.5% of dwellings in the Corio - Lovely Banks SA2 are houses.
What percentage of dwellings in the Corio - Lovely Banks SA2 are apartments or units?
In the Corio - Lovely Banks SA2, 1.4% of dwellings are apartments or units, with an additional 6.1% being semi-detached dwellings.
What is the level of outright home ownership in the Corio - Lovely Banks SA2?
Outright home ownership in the Corio - Lovely Banks SA2 stands at 30.6%, compared to 40.9% in Regional Vic..
What is the median monthly mortgage repayment in the Corio - Lovely Banks SA2?
The median monthly mortgage repayment in the Corio - Lovely Banks SA2 is $1,300, compared to $1,430 in Regional Vic..
What is the median weekly rent in the Corio - Lovely Banks SA2?
The median weekly rent in the Corio - Lovely Banks SA2 is $280, compared to $285 in Regional Vic..
What is the distribution of rental prices in the Corio - Lovely Banks SA2?
In the Corio - Lovely Banks SA2, 12.0% of rentals are $0-149/week, 71.7% are $150-349/week, 15.7% are $350-649/week, 0.3% are $650-949/week, and 0.4% are $950+/week.
What is the average monthly housing cost in the Corio - Lovely Banks SA2?
The aggregate monthly housing cost in the Corio - Lovely Banks SA2 is $869, which represents the average monthly cost across all housing types.
What percentage of income do residents spend on housing in the Corio - Lovely Banks SA2?
In the Corio - Lovely Banks SA2, households with mortgages typically spend 24.4% of their income on mortgage repayments, while renters spend 22.8% of their income on rent.
How crowded are homes in the Corio - Lovely Banks SA2?
The average persons per bedroom ratio in the Corio - Lovely Banks SA2 is 0.8, indicating the level of household density.
How does housing affordability in the Corio - Lovely Banks SA2 compare to the region?
Housing affordability in the Corio - Lovely Banks SA2 shows mortgage holders spending 24.4% of income on repayments (vs 23.8% regionally), while renters spend 22.8% of income on rent (vs 20.6% regionally).
What types of dwellings are most common in the Corio - Lovely Banks SA2?
The dwelling mix in the Corio - Lovely Banks SA2 consists of 91.5% detached houses, 6.1% semi-detached dwellings, 1.4% apartments, and 1.0% other dwelling types.
What is the weighted average housing cost based on tenure mix in the Corio - Lovely Banks SA2?
Factoring in the ownership distribution, the weighted average monthly housing cost is approximately $869. This accounts for outright owners paying no housing costs, mortgage holders paying $1,300/month, and renters paying $1,212/month.
How affordable is housing in the Corio - Lovely Banks SA2 relative to local incomes?
Housing in Corio - Lovely Banks consumes approximately 16.3% of median household income ($5,326 monthly), indicating costs are highly affordable. The generally accepted benchmark is that housing should not exceed 30% of household income.
How do proposed developments compare to existing housing types in the Corio - Lovely Banks SA2?
Recent development applications in Corio - Lovely Banks show attached dwellings contributing 60% of approvals compared to 8% of existing stock, while detached houses represent 40% of applications versus 92% of current dwellings. This suggests increasing densification. Housing density growth is around the national average.

HouseholdsHousehold Composition in Corio - Lovely Banks

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Corio - Lovely Banks counted 6,516 households at the 2021 Census, averaging 2.6 people each. 27% are couples with children, against 22% couples without children. 27% of households are people living alone, and families average 1.7 children. Household and family composition is measured only by the Census, so these are 2021 figures.

Detail

Family units constitute the predominant living arrangement, representing 69.2% of all households; this comprises couples with children at 26.9%, couples without children at 21.5%, and single parent families at 19.2%. Non-family living situations make up the balance of 30.8%, consisting of single-person households at 26.9% and group living arrangements at 3.8%. The typical household size sits at 2.6 people, exceeding the 2.4 average recorded across Regional Vic..

Frequently Asked Questions - Households

How many households are in the Corio - Lovely Banks SA2?
As of the 2021 Census, the Corio - Lovely Banks SA2 had 6,516 households. Based on population growth patterns, this has grown by approximately 1.1% to an estimated 6,585 households today.
What is the typical household size?
The median household size in the Corio - Lovely Banks SA2 is 2.6 people. This compares to 2.4 in Regional Vic. and reflects the area's household composition mix.
What types of households are most common?
Family households dominate at 69.2% of all households. The remaining households consist of lone person households (26.9%), group households (3.8%), and other household types (0.0%).
How are families structured in the area?
Among the 4,509 family households, 26.9% are couples with children, 21.5% are couples without children at home, and 19.2% are single parent families. This mix shapes local demand for schools, family services, and housing types.
How does the Corio - Lovely Banks SA2 compare to regional household patterns?
Compared to Regional Vic., the Corio - Lovely Banks SA2 shows distinct household patterns. This family-oriented profile influences local demand for family homes, schools, and children's services.
What is the average family size?
Families in the Corio - Lovely Banks SA2 have an average of 1.7 children, slightly below the Regional Vic. average of 1.8. This influences local demand for child-related services and larger family homes.
What are the marriage patterns in the Corio - Lovely Banks SA2?
Marriage patterns reveal 37.3% of the adult population are currently married, while 44.1% have never married. This compares to 46.3% married and 34.0% never married across Regional Vic..
How significant are single-person households?
Single-person households represent 26.9% of all households in the Corio - Lovely Banks SA2, similar to the regional average of 29.3%. This affects demand for smaller dwellings and single-person accommodation.
Are shared living arrangements common?
Group households (unrelated people sharing) account for 3.8% of households, well below the Regional Vic. average of 2.9%. This low rate suggests limited student or young professional shared accommodation.
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EducationSchools & Education in Corio - Lovely Banks

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11.1% of adults in Corio - Lovely Banks hold a university qualification, including 7.7% with a bachelor degree and 2.4% with postgraduate qualifications. A further 27.1% hold a vocational qualification. 9 schools serve the area, with 3,722 enrolment places and an average ICSEA of 996 against a national benchmark of 1,000. Qualifications come from the 2021 Census; school enrolments, ICSEA and results come from ACARA's current release.

Detail

Tertiary attainment poses a key challenge in the district, where the share of residents holding university qualifications (11.1%) sits well beneath the broader VIC benchmark of 33.4%, highlighting scope for targeted educational support. Bachelor degrees represent 7.7% of qualifications, followed by postgraduate degrees at 2.4% and graduate diplomas at 1.0%. Conversely, technical and vocational training is widely held, with 35.9% of residents aged 15+ possessing vocational credentials, including certificates (27.1%) and advanced diplomas (8.8%). Formal learning engagement is substantial across the population, with 32.1% of residents undertaking formal study. Within this enrolled cohort, secondary school students account for 11.1%, primary pupils make up 10.0%, and tertiary students comprise 3.4%.

Frequently Asked Questions - Education

What percentage of people in the Corio - Lovely Banks SA2 have university qualifications?
11.1% of people aged 15 and over in the Corio - Lovely Banks SA2 have university qualifications, compared to 21.7% in the broader region.
What percentage of people in the Corio - Lovely Banks SA2 have no formal qualifications?
52.9% of people aged 15 and over in the Corio - Lovely Banks SA2 have no formal qualifications, compared to 40.4% regionally.
How does the Corio - Lovely Banks SA2's education level compare to national averages?
The corio - lovely banks sa2 ranks in the 31th percentile nationally for education based on AreaSearch's analysis of qualification and performance metrics.
What types of qualifications are most common in the Corio - Lovely Banks SA2?
The most common qualifications in the Corio - Lovely Banks SA2 are: Certificate (27.1%), Advanced Diploma (8.8%), Bachelor Degree (7.7%).
What proportion of the Corio - Lovely Banks SA2's population is currently attending educational institutions?
32.1% of the population in the Corio - Lovely Banks SA2 is currently engaged in formal education, with 10.0% in primary school, 11.1% in secondary school, 3.4% at university.
What is the ICSEA score for schools in the Corio - Lovely Banks SA2?
The average ICSEA (Index of Community Socio-Educational Advantage) score for schools in the Corio - Lovely Banks SA2 is 996, indicating below-average socio-educational advantage compared to the national average of 1000.
How many schools are located within the Corio - Lovely Banks SA2?
There are 9 schools within the Corio - Lovely Banks SA2, with a combined enrollment of approximately 3,722 students.
What types of schools are available in the Corio - Lovely Banks SA2?
The corio - lovely banks sa2 includes 1 primary school, 2 secondary schools, 6 combined schools.

Schools Detail

AmenitiesServices & Amenities in Corio - Lovely Banks

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Getting AroundTransport & Commuting in Corio - Lovely Banks

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Public transport in Corio - Lovely Banks reaches 82 stops on 8 routes, timetabled for about 7,200 services a week. The typical home sits about 250 m from its nearest stop. Buses carry the largest share of public transport commuters. Households keep an average of 1.3 vehicles. Stop and service counts are built from operators' published GTFS timetables and refresh with each timetable release; vehicle ownership is from the 2021 Census.

Detail

Public transport connectivity across Corio - Lovely Banks encompasses 82 active transit stops that include train facilities. A network of 8 dedicated routes services these locations, delivering a combined 7,159 passenger trips each week. Transit access is favorable, with the typical distance to a stop measuring 253 meters for local residents. Reflecting its commuter-oriented residential structure, private vehicles account for 91% of travel journeys. Household vehicle ownership sits below regional standards at 1.3 vehicles per dwelling, while 9.8% of workers reported working from home in the 2021 Census, potentially reflecting COVID-19 settings.

Transit services provide an average of 1,022 daily trips across the broader network, which translates to roughly 87 trips per week at each individual stop.

Frequently Asked Questions - Transport

How many public transport stops are in Corio - Lovely Banks?
There are 82 public transport stops within the Corio - Lovely Banks SA2.
How frequent are the transport services in Corio - Lovely Banks?
the Corio - Lovely Banks SA2 has 7,159 weekly trips across 8 routes, averaging 1,022 trips per day.
How far are residents from public transport in Corio - Lovely Banks?
On average, residential properties are 253 meters from the nearest transport stop.

Transport Stops Detail

HealthcareHealth Services in Corio - Lovely Banks

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64.3% of residents in Corio - Lovely Banks report no long-term health condition, a less healthy profile than 87% of areas nationally. 8.2% need daily assistance with core activities, and 46.8% hold private health cover. The standardised death rate runs at 6.6 per 1,000 residents. Health conditions, assistance needs and insurance are 2021 Census measures; the death rate comes from current ABS releases.

Detail

Health indicators compiled by AreaSearch highlight notable wellness challenges in Corio - Lovely Banks based on mortality statistics and chronic condition rates, which are elevated among both younger cohorts and senior demographics, while private health insurance uptake is very low at around 47% of the population (~8,666 people). In contrast, private health coverage stands at 50.5% in Regional Vic. and 55.7% nationwide. Asthma and mental health conditions represent the most prevalent diagnosed ailments in the area, affecting 9.4% and 10.9% of locals respectively, while 64.3% of the community indicated being completely free of chronic medical diagnoses, relative to 63.4% in Regional Vic..

Rates of chronic illness are elevated within the working-age demographic. Residents aged 65 and over number 2,988 people (16.1% of the population), below the 24.0% share seen across Regional Vic., with senior health outcomes reflecting national trends across the broader populace.

Frequently Asked Questions - Health

How many people in the Corio - Lovely Banks SA2 have private health insurance?
Around 46.8% of people in the Corio - Lovely Banks SA2 are covered by private health insurance, which compares to 50.5% in the broader region of Regional Vic..
What percentage of the population requires ongoing medical assistance in the Corio - Lovely Banks SA2?
In the Corio - Lovely Banks SA2, 8.2% of the population is identified as requiring ongoing medical assistance. This figure is slightly different from the regional average, where 6.9% of people in Regional Vic. require similar assistance.
How prevalent is asthma in the Corio - Lovely Banks SA2?
9.4% of people in the Corio - Lovely Banks SA2 are diagnosed with asthma. In comparison, 8.7% of the population across Regional Vic. is affected by asthma.
What percentage of people have diabetes in the Corio - Lovely Banks SA2?
Diabetes affects 5.9% of the the Corio - Lovely Banks SA2 population, while in the surrounding region, 4.6% of people are diagnosed with diabetes.
What is the percentage of people with heart disease in the Corio - Lovely Banks SA2?
3.5% of people in the Corio - Lovely Banks SA2 have heart disease. Across the region of Regional Vic., 4.4% of the population is affected by heart disease.
How does the Corio - Lovely Banks SA2 compare to the region in terms of overall private health coverage?
In the Corio - Lovely Banks SA2, 46.8% of the population are estimated to have private health insurance. Comparatively, Regional Vic. sees an estimated private health coverage rate of 50.5%.

Ancestry & LanguageCultural Diversity in Corio - Lovely Banks

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27.2% of Corio - Lovely Banks residents were born overseas and 24.5% speak a language other than English at home. The largest reported ancestries are Australian (25.5%) and English (24.8%). Ancestry, language and country of birth are counted only by the Census, so these are 2021 figures.

Detail

Cultural diversity in Corio - Lovely Banks is higher than in most surrounding areas, with 27.2% of residents born abroad and 24.5% communicating in a language other than English at home. Christianity constitutes the leading faith, adhered to by 45.1% of the local population. Meanwhile, Islamic affiliation shows a marked local concentration at 5.9% of residents, compared to 1.0% across Regional Vic.. Regarding ancestral origins, the most prominent backgrounds across Corio - Lovely Banks are Australian at 25.5%, English at 24.8% (trailing the regional level of 30.7%), and Other at 14.0% (substantially exceeding the 4.7% regional benchmark).

Distinct variations also appear among other ancestries: Dutch ancestry represents 2.2% locally (versus 1.7% regionally), Croatian accounts for 2.1% (compared to 0.4% across the region), and Hungarian comprises 0.7% (against 0.2% regionally).

Frequently Asked Questions - Diversity

What is the level of cultural diversity in the Corio - Lovely Banks SA2?
Corio - Lovely Banks was found to be more culturally diverse than the vast majority of local markets, with 27.2% of its population born overseas and 24.5% speaking a language other than English at home.
What is the most common religion in the Corio - Lovely Banks SA2?
The main religion in Corio - Lovely Banks was found to be Christianity, which makes up 45.1% of people in Corio - Lovely Banks. However, the most apparent overrepresentation was in Islam, which comprises 5.9% of the population, compared to 1.0% across Regional Vic..
What are the top countries of origin in the Corio - Lovely Banks SA2?
In terms of ancestry (country of birth of parents), the top three represented groups in Corio - Lovely Banks are Australian, comprising 25.5% of the population, English, comprising 24.8% of the population, which is notably lower than the regional average of 30.7%, and Other, comprising 14.0% of the population, which is substantially higher than the regional average of 4.7%. Additionally, there are notable divergences in the representation of certain other ethnic groups: Croatian is notably overrepresented at 2.1% of Corio - Lovely Banks (vs 0.4% regionally), Hungarian at 0.7% (vs 0.2%) and Dutch at 2.2% (vs 1.7%).
How does the percentage of people born overseas compare to the regional average?
27.2% of the the Corio - Lovely Banks SA2 population was born overseas, compared to 13.2% regionally.
What percentage of the the Corio - Lovely Banks SA2 population speaks a language other than English at home?
24.5% of the population in the Corio - Lovely Banks SA2 speaks a language other than English at home, compared to 7.6% in the wider region.
How many people in the Corio - Lovely Banks SA2 identify as Australian Aboriginal?
1.8% of the the Corio - Lovely Banks SA2 population identifies as Australian Aboriginal, compared to 1.4% in the region.
What is the citizenship status of the population in the Corio - Lovely Banks SA2?
81.2% of the the Corio - Lovely Banks SA2 population holds citizenship, compared to 88.6% in the wider region.

Age StructureAge Profile of Corio - Lovely Banks

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The median resident of Corio - Lovely Banks is 36. 31.5% of residents are aged 15 to 34. Age cohorts are not raw Census counts: the Census split is re-based to the latest ABS population estimates and state projections.

Detail

The demographic profile of Corio - Lovely Banks is younger overall than that of Regional Vic.. Updated figures to August 2026 show that children and young adults (0 - 24) constitute 33.5% of the community compared to 28.5% across Regional Vic., while seniors (65+) make up 16.1% against a regional benchmark of 24.0%. The median age is estimated at 36, matching the 2021 Census figure and sitting 7 years beneath the 43 recorded for Regional Vic. at that time. Since the Census, the proportion of residents aged 45 - 64 has decreased from 25.0% to an estimated 22.8%.

Looking ahead to 2041, adults aged 25 - 44 are projected to drive growth, expanding by 2,400 residents (47%) to reach a total of 7,502.

Frequently Asked Questions - Age

What is the median age in the Corio - Lovely Banks SA2?
AreaSearch estimates the median age in the Corio - Lovely Banks SA2 at 36 years as at August 2026. That is in line with the 2021 Census figure of 36 years, on an age profile AreaSearch re-estimates for population change recorded since the Census.
How does the Corio - Lovely Banks SA2's median age compare to broader areas?
At an estimated 36 years as at August 2026, Corio - Lovely Banks is 7 years younger than the Regional Vic. 2021 Census average (43 years) and 2 years younger than the national Census average (38 years).
What age groups are over-represented in the Corio - Lovely Banks SA2?
On AreaSearch estimates updated to August 2026, the most over-represented age group in the Corio - Lovely Banks SA2 compared to the Regional Vic. region is the 25 - 34 group, making up 15.7% of the population.
What age groups are under-represented in the Corio - Lovely Banks SA2?
On AreaSearch estimates updated to August 2026, the most under-represented age group in the Corio - Lovely Banks SA2 compared to the Regional Vic. region is the 65 - 74 group, making up 9.2% of the population.
Are there age groups with notable population variances?
Yes, certain age groups in the Corio - Lovely Banks SA2 show significant variance compared to the Regional Vic. region. The most over-represented age groups are 25-34 year-olds (15.7% vs 11.0%) and 15-24 year-olds (15.8% vs 11.4%). The most under-represented age groups are 85+ year-olds (1.8% vs 2.9%) and 75-84 year-olds (5.2% vs 8.4%).
What is the percentage of children (0-14 years) in the Corio - Lovely Banks SA2?
AreaSearch estimates children aged 0-14 years at 17.7% of the population in the Corio - Lovely Banks SA2 as at August 2026.
What is the percentage of older people (65+ years) in the Corio - Lovely Banks SA2?
AreaSearch estimates people aged 65 and over at 16.1% of the population in the Corio - Lovely Banks SA2 as at August 2026.

Data & MethodBoundaries, Sources & Method for Corio - Lovely Banks

Data currency Refreshed

9 of 14 data sections on this page were updated within the last 12 months — the newest current to Sep 2026.

Everything is aggregated to the SA2 boundary shown above, on a 2021 Census baseline. Only 3 sections — housing, households and cultural diversity — still wait on the 2026 Census.

The ledger — source, cycle and currency by section

Section Source & update cycle Currency
Updated within the last 12 months 9 sections
Population ABS, GNAF, Geoscience Australia Annual (ABS ERP) Aug 2026 2 months ago headline measures · 2021 Census baseline
Re-based to the ABS Estimated Resident Population (June 2025 release) and updated with new dwellings from GNAF address data. Current to Aug 2026, with the 2021 Census supplying the small-area baseline.
Age profile ABS, Geoscience Australia, State governments Annual Aug 2026 2 months ago headline measures · 2021 Census baseline
Age cohorts are re-based to the latest ABS population estimates and state projections, current to Aug 2026. Each cohort is held as a Census baseline and a current estimate.
Development & approvals ABS, GNAF Monthly (ABS approvals) Aug 2026 2 months ago headline measures · Jul 2026 baseline
Property sales & rents Valuer General, Rental Board, ABS Weekly sales, quarterly rents Sep 2026 last month all 21 measures
Sales from the state Valuer General register, refreshed weekly, and rents from quarterly rental bond lodgements. Both are read live each time this page loads, current to Sep 2026.
Infrastructure projects Infrastructure Australia, State agencies, Local governments Daily May 2026 5 months ago all 5 projects tracked here
Project pipeline maintained continuously from Infrastructure Australia, state agencies, local government and public announcements. Records are added and revised daily; this area was last updated May 2026.
Employment ABS, DEWR, JSA Quarterly (ABS SALM) Mar 2026 7 months ago headline measures · 2021 Census baseline
Unemployment and labour force from ABS Small Area Labour Markets, current to Mar 2026. The growth outlook applies Department of Employment (now Jobs and Skills Australia) forecasts for all 19 industry divisions to the local industry mix, so it measures sector composition rather than local expansion and makes no allowance for population growth. Job demand comes from the same agency via its Internet Vacancy Index; industry and occupation structure from the 2021 Census.
Education ABS, ACARA Annual (ACARA) Sep 2026 last month headline measures · 2021 Census baseline
Transport ABS, State Transport Departments Each timetable release Jul 2026 3 months ago headline measures · 2021 Census baseline
Services & amenities Provider directories, ACECQA Continuous Sep 2026 last month all 14 measures
Annual and financial-year sources 2 sections
Income ABS, ATO Annual (ATO) FY 2023 3 years ago headline measures · 2021 Census baseline
ATO taxable income statistics for FY 2023, indexed forward using the Wage Price Index. Census household income provides the distribution detail.
Health ABS, ATO Annual 2024 2 years ago headline measures · 2021 Census baseline
Census-measured — next update: 2026 Census 3 sections No more current small-area source exists for these, so they are labelled as Census-measured rather than implied to be current.
Housing ABS 5-yearly (Census) 2021 Census next update 2026 all 30 measures
Households ABS 5-yearly (Census) 2021 Census next update 2026 all 18 measures
Cultural diversity ABS, Geoscience Australia 5-yearly (Census) 2021 Census next update 2026 all 44 measures

"Currency" is the most recent release feeding that section. Where the Census supplies the structural baseline underneath a current headline figure, the row says so.

How the numbers are built

Population

The Census provides the small-area baseline, aggregated from mesh blocks to this boundary. It is then re-based to the ABS Estimated Resident Population (June 2025 release), and new dwellings built since Census night are counted from address data — 124 validated new addresses here. The headline figure is therefore a current estimate for Aug 2026, not a 2021 count (18,325 at the 2021 Census → 18,518 now). Annual growth rates are compound (CAGR), not simple averages.

Age profile

Cohort shares are not raw Census counts. Every cohort is held as a pair — the Census baseline and a current estimate — and the split is re-based using ERP and state population projections, current to Aug 2026. Median age is the Census median plus modelled change since. Charts that show both are labelled "2021 Census vs Current Estimate".

Property sales

Sourced from the state valuation authority's sales register — current, not Census, and refreshed weekly. Medians are calculated from settled transactions in the period shown; periods with very low transaction counts are flagged or suppressed, because a handful of sales can move a median substantially.

Rents

Derived from state rental bond lodgement data, by dwelling type and bedroom count. Bonds are lodged at the start of a new tenancy, so this reflects new lettings, not the whole rented stock.

Development & infrastructure

Building approvals come from current ABS releases; development applications are collected from council and state planning portals; the infrastructure pipeline is compiled from Infrastructure Australia and local government sources. Applications are matched to this boundary by address or coordinates, so very recent lodgements may not yet appear.

Employment & income

Industry and occupation structure comes from the Census, but the headline labour-market indicators do not. Unemployment and labour force are derived from ABS Small Area Labour Markets (quarterly). The employment outlook applies Department of Employment forecasts for all 19 industry divisions to this area's own industry mix (the agency is now Jobs and Skills Australia), as does the Internet Vacancy Index used for job demand. Because it is weighted on industry composition alone, that outlook carries no allowance for local population growth — in fast-growing areas the real rise in local jobs will typically be higher. Income combines Census household income with ATO taxable-income statistics for FY 2023, indexed forward using the Wage Price Index.

Education, transport & amenities

School enrolments, ICSEA and performance come from ACARA's current release, not the Census. Public transport stops and service frequency are derived from GTFS timetable feeds published by state transport departments. Services and amenities are proximity and count scores built from provider directories, refreshed on their own cycle. The Census contributes only the travel-to-work and qualification measures.

Rankings and benchmarks. Where we rank this area, the comparison set is every area of the same boundary type — suburbs against suburbs, SA2s against SA2s. Benchmarks compare this area against its greater capital city region and the national figure for the same measure and period.

Limits worth knowing. Small areas carry larger error margins, and the ABS introduces small random adjustments to Census counts to protect confidentiality — so totals may not sum exactly. Estimates re-based from regional data describe the area's expected trajectory, not a direct count of it. Figures are indicative for research and are not financial, planning or valuation advice.

Cross-check us. The Census baseline for this boundary is at ABS 2021 Census QuickStats (203021486). QuickStats reports 2021 only — the figures on this page are more current wherever the ledger shows a later date.

Common questions about this page

Why can the Corio - Lovely Banks SA2 boundary differ from the suburb boundary?
This page uses ABS Statistical Area Level 2 (SA2) boundaries for statistical reporting (e.g., census and ERP). SA2 areas can differ materially from Suburbs and Localities (SAL) boundaries, even when they share similar names, because they are defined for different purposes and often use different geographic boundaries.
Where does the data on this Corio - Lovely Banks page come from?
AreaSearch compiles this page from official and industry sources — including ABS, Geoscience Australia, Valuer General, Provider directories, DEWR, JSA, State Transport Departments and ACARA — then aggregates them to the boundary shown and calculates the rankings, growth rates and benchmarks itself. Property sales come from the state valuation authority, rents from state rental bond lodgements, development applications from council and state planning portals, school data from ACARA, and public transport from state transport departments.
Is the Corio - Lovely Banks data on this page just from the 2021 Census?
No. Most of this page is maintained well beyond the Census. Sourced entirely from current releases: development & approvals (Aug 2026), property sales & rents (Sep 2026), infrastructure projects (May 2026) and services & amenities (Sep 2026). Built on a Census baseline but carrying newer measures on top: population (to Aug 2026), age profile (to Aug 2026), employment (to Mar 2026), income (to FY 2023), education (to Sep 2026), transport (to Jul 2026) and health (to 2024). Population and age cohorts in particular are re-based to the latest ABS Estimated Resident Population rather than left at 2021 counts. Only housing, households and cultural diversity remain wholly Census-based, because no more current small-area dataset exists for those measures.

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