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Sales Activity
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Sales Detail
Population
Kerang has shown very soft population growth performance across periods assessed by AreaSearch
Kerang's population, as of November 2025, is approximately 3,841 people. This figure represents a decrease of 119 individuals since the 2021 Census, which recorded a population of 3,960 people. The decline was inferred from the estimated resident population of 3,833 as of June 2024 and the addition of 5 validated new addresses after the Census date. This results in a population density of 26 persons per square kilometer. Kerang's population decrease of 3.0% since the census is similar to that of its SA3 area (-0.3%), suggesting comparable regional population challenges. The population growth was driven by balanced factors across natural increase and migration patterns.
AreaSearch uses ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch employs the VIC State Government's Regional/LGA projections from 2023, adjusted using weighted aggregation methods to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. According to these projections, Kerang's population is expected to decrease by 1,071 persons by the year 2041.
Frequently Asked Questions - Population
Development
The level of residential development activity in Kerang is very low in comparison to the average area assessed nationally by AreaSearch
Kerang has recorded approximately 12 residential properties granted approval per year over the past five financial years, totalling 62 homes. As of FY-26, 3 approvals have been recorded so far. The population has fallen during this period, suggesting that new supply has likely kept up with demand, providing good choice for buyers. New homes are being built at an average construction cost value of $256,000, which aligns with regional trends.
In terms of commercial development, $4.4 million in approvals have been recorded this financial year, indicating limited focus on commercial development. When compared to the Rest of Vic., Kerang shows comparable construction activity per person, maintaining market equilibrium consistent with surrounding areas. This level is lower than nationally, reflecting market maturity and possible development constraints. New development consists of 86.0% detached dwellings and 14.0% townhouses or apartments, preserving the area's low density nature and attracting space-seeking buyers.
The estimated population per dwelling approval is 549 people, indicating a quiet, low activity development environment. With population projections showing stability or decline, Kerang should see reduced housing demand pressures in the future, benefiting potential buyers.
Frequently Asked Questions - Development
Infrastructure
Kerang has emerging levels of nearby infrastructure activity, ranking in the 23rdth percentile nationally
The performance of an area can significantly be influenced by changes to local infrastructure, major projects, and planning initiatives. AreaSearch has identified a total of 7 projects that are expected to impact the area. Notable among these are the Kerang District Health Facility Upgrade (CSSD, PACU, Operating Theatre Equipment), Victoria to NSW Interconnector West (VNI West), Koorangie Energy Storage System (KESS), and Kerang Solar & BESS Hybrid. The following list provides details on those projects likely to be most relevant.
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INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
Kerang District Health Facility Upgrade (CSSD, PACU, and Operating Theatre Equipment)
Upgrade of the Central Sterile Services Department (CSSD), expansion of the Post-Anaesthesia Care Unit (PACU), and replacement of operating room equipment including sterilising tools, endoscopes, and patient monitors. The project will ensure compliance with Australian Standards and reduce the risk of cancelled procedures. The works are part of a $3.5 million funding package from the Victorian Government (Regional Health Infrastructure Fund and Engineering Infrastructure Replacement Program). Construction was due to commence by mid-September 2024, with surgical lists ceasing for 4-5 months during the construction phase, expected to recommence by late February/early March 2025.
Victoria to NSW Interconnector West (VNI West)
A proposed 500 kV double circuit transmission line to connect Victoria and NSW electricity grids. The project aims to increase transfer capacity, improve reliability, support renewable energy integration from both states' Renewable Energy Zones, and maintain supply as coal-fired power stations retire. The Victorian section is undergoing an Environment Effects Statement (EES) and the NSW section has completed its Environmental Impact Statement (EIS) exhibition.
Koorangie Energy Storage System (KESS)
A 185 MW / 370 MWh grid-forming battery energy storage system (BESS) using 100 Tesla Megapacks. It provides clean, reliable energy storage, essential grid stability services, and enables up to 300 MW of new renewable generation in the Murray River Renewable Energy Zone (REZ). The system is capable of powering 350,000 homes for two hours.
Victorian Renewable Energy Zones
VicGrid, a Victorian Government agency, is coordinating the planning and staged declaration of six proposed onshore Renewable Energy Zones (plus a Gippsland shoreline zone to support offshore wind). The 2025 Victorian Transmission Plan identifies the indicative REZ locations, access limits and the transmission works needed to connect new wind, solar and storage while minimising impacts on communities, Traditional Owners, agriculture and the environment. Each REZ will proceed through a statutory declaration and consultation process before competitive allocation of grid access to projects.
Cannie Wind Farm
A proposed wind farm of up to 174 turbines with a total capacity of up to 1300 MW, located on approximately 14,000 hectares of farmland west of Kerang. The project also includes a Battery Energy Storage System (up to 200 MW / 800 MWh) and a transmission line connection to the proposed VNI-West interconnector. The project is currently undergoing an Environment Effects Statement (EES) process with the Victorian Government.
VNI West (NSW section)
NSW portion of the VNI West interconnector: a proposed 500 kV double-circuit transmission line linking Transgrid's Dinawan Substation (near Coleambally) to the NSW/Victoria border north of Kerang, with associated upgrades including works on Transmission Line 51 near Wagga Wagga and expansion works at Dinawan Substation. The NSW Environmental Impact Statement (EIS) is on public exhibition in August 2025, and Transgrid has announced staged delivery with Stage 1 to Dinawan/South West REZ by early 2029 and Stage 2 to the Victorian border aligned to November 2030.
Kerang Solar & BESS Hybrid
A 161 MW DC solar farm co-located with a 55 MW / 110 MWh AC-coupled Battery Energy Storage System (BESS) in regional Victoria. The project has received Development Approval and AEMO 5.3.4A grid connection approval as of July 2025. It will use grid-forming inverter technology for grid stability. Construction is expected to commence late 2025, pending financial close.
Tragowel BESS Project
A proposed utility-scale Battery Energy Storage System (BESS) with a capacity of 200 MW / 800 MWh, located near the Kerang Terminal Station. It's designed to support grid stability and facilitate the integration of renewable energy sources into the local electricity grid. The project is currently undergoing technical development assessments in preparation for lodging a planning application with the Victorian Government Department of Transport and Planning (DTP).
Employment
Despite maintaining a low unemployment rate of 3.9%, Kerang has experienced recent job losses, resulting in a below average employment performance ranking when compared nationally
Kerang has a balanced workforce with both white and blue collar jobs, and its essential services sectors are well represented. The unemployment rate in Kerang is 3.9%.
As of June 2025, there are 1,593 employed residents, with an unemployment rate of 4.0%, compared to the Rest of Vic.'s rate of 3.8%. Workforce participation in Kerang stands at 46.9%, lower than the Rest of Vic.'s 57.4%. The dominant employment sectors among residents include health care & social assistance, retail trade, and manufacturing. Notably, public administration & safety has a strong presence with an employment share 1.6 times the regional level.
Conversely, accommodation & food services have limited presence at 5.1%, compared to the regional average of 6.9%. Many Kerang residents commute elsewhere for work, as indicated by the difference between Census working population and local population counts. Between June 2024 and June 2025, Kerang's labour force decreased by 4.2% and employment fell by 3.6%, leading to a 0.5 percentage point decrease in unemployment. In contrast, Rest of Vic.'s employment fell by 0.9%, labour force contracted by 0.4%, and unemployment rose by 0.4 percentage points during the same period. Jobs and Skills Australia's national employment forecasts from May 2025 suggest that while overall employment is projected to grow by 6.6% over five years and 13.7% over ten years, growth rates vary significantly between industry sectors. Applying these projections to Kerang's current employment mix indicates potential local growth of approximately 5.7% over five years and 12.5% over ten years.
Frequently Asked Questions - Employment
Income
Income metrics place the area in the bottom 10% of locations nationally according to AreaSearch analysis
AreaSearch's latest postcode level ATO data for financial year 2022 shows Kerang's median income among taxpayers is $42,504. The average income in Kerang during this period was $50,020. This is lower than the national average. Comparing with Rest of Vic., Kerang's median income is $48,741 and average income is $60,693. Based on Wage Price Index growth of 12.16% since financial year 2022, current estimates for Kerang would be approximately $47,672 (median) and $56,102 (average) as of September 2025. Census data indicates household, family, and personal incomes in Kerang fall between the 4th and 9th percentiles nationally. Income distribution shows that 32.5% of residents earn between $400 and $799 per week (1,248 people). This differs from broader area patterns where the $1,500 to $2,999 bracket dominates with 30.3%. The prevalence of lower-income residents (40.1% under $800/week) suggests constrained household budgets across much of the area. Housing costs are modest with 89.0% of income retained. However, total disposable income ranks at just the 7th percentile nationally.
Frequently Asked Questions - Income
Housing
Kerang is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership
In Kerang, evaluated at the latest Census, 89.6% of dwellings were houses, with the remaining 10.5% comprising semi-detached homes, apartments, and other types. This is comparable to Non-Metro Vic., where 90.7% of dwellings are houses and 9.2% are other types. Home ownership in Kerang stood at 48.9%, with mortgaged dwellings at 27.5% and rented ones at 23.6%. The median monthly mortgage repayment was $1,000, below Non-Metro Vic.'s average of $1,083. The median weekly rent in Kerang was $200, matching Non-Metro Vic.'s figure but significantly lower than the national average of $375 for mortgage repayments and $1,863 for rents.
Frequently Asked Questions - Housing
Household Composition
Kerang features high concentrations of lone person households, with a lower-than-average median household size
Family households comprise 58.7% of all households, including 19.1% couples with children, 28.2% couples without children, and 10.0% single parent families. Non-family households account for the remaining 41.3%, with lone person households at 38.7% and group households making up 2.8%. The median household size is 2.1 people, which is smaller than the Rest of Vic average of 2.3.
Frequently Asked Questions - Households
Local Schools & Education
Kerang faces educational challenges, with performance metrics placing it in the bottom quartile of areas assessed nationally
The area's university qualification rate is 11.8%, significantly lower than Victoria's average of 33.4%. Bachelor degrees are most common at 8.6%, followed by postgraduate qualifications (1.6%) and graduate diplomas (1.6%). Vocational credentials are prevalent, with 38.6% of residents aged 15+ holding them - advanced diplomas (9.5%) and certificates (29.1%). Educational participation is high at 25.3%, including primary education (10.6%), secondary education (7.9%), and tertiary education (1.6%).
Kerang's five schools have a combined enrollment of 686 students, with typical Australian school conditions (ICSEA: 959) and balanced educational opportunities. The schools include three primary, one secondary, and one K-12 school. School capacity exceeds residential needs (17.9 places per 100 residents vs regional average of 14.7), indicating the area serves as an educational center for the broader region.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is very low compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Kerang has two operational public transport stops. These offer a combination of train and bus services. A total of 14 routes service these stops, resulting in 108 weekly passenger trips.
Residents have limited access to transport, with an average distance of 902 meters to the nearest stop. Across all routes, service frequency averages 15 trips per day, equating to around 54 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Health performance in Kerang is a key challenge with a range of health conditions having marked impacts on both younger and older age cohorts
Kerang faces significant health challenges with various conditions affecting both younger and older residents. Approximately 46% (~1,774 people) have private health cover, lower than the national average of 55.3%.
The most prevalent medical conditions are arthritis (affecting 13.0% of residents) and asthma (9.9%), while 56.6% report no medical ailments, compared to 64.1% in Rest of Vic.. Residents aged 65 and over make up 30.4% (1,168 people), higher than the 24.0% in Rest of Vic.. Health outcomes among seniors are challenging but better than those for the general population.
Frequently Asked Questions - Health
Cultural Diversity
The latest Census data sees Kerang placing among the least culturally diverse areas in the country when compared across a range of language and cultural background related metrics
Kerang's population showed low cultural diversity, with 91.2% being citizens born in Australia speaking English only at home by the year 2016. Christianity was the predominant religion, comprising 55.6%, slightly higher than the regional average of 53.2%. In terms of ancestry, the top groups were English (35.2%), Australian (33.5%), and Scottish (9.2%).
Notably, Australian Aboriginal representation was higher at 2.6% compared to the regional average of 2.5%, while Irish and German representations were lower at 8.3% and 3.3% respectively.
Frequently Asked Questions - Diversity
Age
Kerang ranks among the oldest 10% of areas nationwide
Kerang's median age is 51 years, which is significantly higher than the Rest of Vic. average of 43 and considerably older than the Australian median of 38. Compared to the Rest of Vic., Kerang has a notably over-represented 65-74 cohort at 15.9% locally, while the 45-54 age group is under-represented at 9.4%. This concentration in the 65-74 cohort is well above the national average of 9.4%. Post-2021 Census data shows that the 35 to 44 age group has grown from 9.6% to 10.7%, while the 45 to 54 cohort has declined from 10.9% to 9.4%. By 2041, Kerang is expected to see notable shifts in its age composition, with the 85+ group growing by -7% (-12 people) to reach 173 from 185. Meanwhile, population declines are projected for the 85+ and 45 to 54 cohorts.