Korumburra

An assessment of population growth drivers in Korumburra reveals an overall ranking slightly below national averages considering recent, and medium term trends

Based on AreaSearch's analysis, Korumburra's population is around 10,120 as of Feb 2026. This reflects an increase of 278 people (2.8%) since the 2021 Census, which reported a population of 9,842 people. The change is inferred from the estimated resident population of 9,970 from the ABS as of June 2024 and an additional 200 validated new addresses since the Census date. This population level equates to a density ratio of 16.8 persons per square kilometer, providing ample space per person. Population growth for the area was primarily driven by interstate migration, which contributed approximately 49.5% of overall population gains during recent periods, although all drivers, including overseas migration and natural growth, were positive factors.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data, AreaSearch is utilising the VIC State Government's Regional/LGA projections released in 2023, with adjustments made employing a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group from these aggregations are also applied across all areas for years 2032 to 2041. As we examine future population trends, projections indicate a decline in overall population, with the area's population expected to decline by 753 persons by 2041 according to this methodology. However, growth across specific age cohorts is anticipated, led by the 25 to 34 age group, which is projected to grow by 168 people.

Residential development activity is slightly higher than average within Korumburra when compared nationally

Korumburra has seen around 51 new homes approved per year, totalling 258 homes over the past 5 financial years. So far in FY-26, 21 approvals have been recorded. At an average of 1.5 new residents per year arriving per new home over the past 5 financial years (between FY-21 and FY-25), supply and demand appear well-balanced, creating stable market conditions, while recent data shows this has decreased to 0.7 people per dwelling over the past 2 financial years, indicating more balanced supply conditions. New homes are being built at an average value of $324,000. Additionally, $3.4 million in commercial development approvals have been recorded this financial year, demonstrating the area's primarily residential nature.

When measured against the Rest of Vic., Korumburra records markedly lower building activity (55.0% below regional average per person). This limited new supply generally supports stronger demand and values for established dwellings. New development consists of 92.0% detached houses and 8.0% attached dwellings, maintaining the area's traditional low density character with a focus on family homes appealing to those seeking space. The location has approximately 249 people per dwelling approval, indicating a low density market.

With the population expected to remain stable or decline, Korumburra should see reduced pressure on housing, potentially creating opportunities for buyers.

Korumburra has moderate levels of nearby infrastructure activity, ranking in the 41stth percentile nationally

Nothing can influence an area's performance as much as changes to local infrastructure, major projects, and planning initiatives. In total, 12 projects have been identified by AreaSearch that are likely to have an impact on the area. Key projects include Botanica Estate Korumburra, Korumburra Railway Precinct Redevelopment, Daisybank Estate Korumburra, and Korumburra Streetscape, with the list below detailing those likely to be of most relevance.

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

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

Korumburra ranks among the top 25% of areas assessed nationally for overall employment performance

Korumburra possesses a balanced workforce spanning white and blue collar employment, with the construction sector a particular standout in terms of representation, an unemployment rate of just 2.5%, and 5.9% in estimated employment growth over the past year. As of December 2025, 5,160 residents are in work while the unemployment rate is 1.2% below Regional Vic.'s rate of 3.7%, and workforce participation is fairly standard (63.8% compared to Regional Vic.'s 61.5%). Based on Census responses, a moderate 20.3% of residents were found to work from home, though Covid-19 lockdown impacts should be considered.

The dominant employment sectors among residents include health care & social assistance, agriculture, forestry & fishing, and construction. The area demonstrates a particularly notable concentration in agriculture, forestry & fishing, with employment levels at 1.8 times the regional average. Conversely, public administration & safety shows lower representation at 3.3% versus the regional average of 6.5%. The area appears to offer limited employment opportunities locally, as indicated by the count of the Census working population versus the resident population.

Based on AreaSearch analysis of SALM and ABS data, the 12-month period saw employment increasing by 5.9% alongside the labour force increasing by 5.2%, causing the unemployment rate to fall by 0.6 percentage points. This compares to Regional Vic., where employment fell by 0.6%, the labour force contracted by 0.7%, and unemployment fell 0.1 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 can offer further insight into potential future demand within Korumburra. These projections, covering five and ten-year periods, have been mapped against the local employment profile to estimate growth patterns. While national employment is forecast to expand by 6.6% over five years and 13.7% over ten years, growth rates differ significantly between industry sectors. Applying these industry-specific projections to Korumburra's employment mix suggests local employment should increase by 5.7% over five years and 12.4% over ten years (please note this is a simple weighting extrapolation for illustrative purposes and does not take into account localised population projections).

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

The Korumburra SA2's income level is lower than the national average according to the latest ATO data aggregated by AreaSearch for FY-23. The Korumburra SA2's median income among taxpayers is $46,555 and the average income stands at $56,481, compared to Regional Vic.'s figures of $50,954 and $62,728 respectively. Based on Wage Price Index growth of 8.25% since FY-23, current estimates would be approximately $50,396 (median) and $61,141 (average) as of September 2025. Census data reveals household, family and personal incomes all rank modestly in Korumburra, between the 24th and 27th percentiles. Regarding income distribution, the largest segment comprises 30.5% earning $1,500 - 2,999 weekly (3,086 residents), aligning with the surrounding region where this cohort likewise represents 30.3%. Housing costs are manageable with 86.7% retained, though disposable income sits below average at the 31st percentile and the area's SEIFA income ranking places it in the 4th decile.

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

Dwelling structure within Korumburra, as evaluated at the latest Census, comprised 95.0% houses and 5.0% other dwellings (semi-detached, apartments, 'other' dwellings), in comparison to Regional Vic.'s 90.1% houses and 9.9% other dwellings. Meanwhile, the level of home ownership within Korumburra was higher than that of Regional Vic., at 43.9%, with the remainder of dwellings either mortgaged (41.5%) or rented (14.6%). The median monthly mortgage repayment in the area was above the Regional Vic. average at $1,499, while the median weekly rent figure was recorded at $280, compared to Regional Vic.'s $1,430 and $285. Nationally, Korumburra's mortgage repayments are significantly lower than the Australian average of $1,863, while rents are substantially below the national figure of $375.

Korumburra has a typical household mix, with a higher-than-average median household size

Family households dominate at 72.1% of all households, comprising 29.3% couples with children, 33.1% couples without children, and 9.0% single parent families. Non-family households make up the remaining 27.9%, with lone person households at 25.6% and group households comprising 2.4% of the total. The median household size of 2.5 people is larger than the Regional Vic. average of 2.4.

Korumburra shows below-average educational performance compared to national benchmarks, though pockets of achievement exist

The area faces educational challenges, with university qualification rates (16.9%) substantially below the VIC average of 33.4%. This represents both a challenge and an opportunity for targeted educational initiatives. Bachelor degrees lead at 11.7%, followed by postgraduate qualifications (2.6%) and graduate diplomas (2.6%). Trade and technical skills feature prominently, with 41.6% of residents aged 15+ holding vocational credentials, including advanced diplomas (11.3%) and certificates (30.3%).

Educational participation is notably high, with 26.4% of residents currently enrolled in formal education. This includes 9.9% in primary education, 8.3% in secondary education, and 2.1% pursuing tertiary education.

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

Public transport analysis reveals 11 active transport stops operating within Korumburra. These stops are serviced by 2 individual routes, collectively providing 44 weekly passenger trips. Transport accessibility is rated as limited, with residents typically located 1116 meters from the nearest transport stop. As a primarily residential area, most residents commute outward; the car remains the dominant mode at 93%, with 4% walking. Vehicle ownership averages 1.8 per dwelling, which is above the regional average. Some 20.3% of residents work from home (2021 Census; may reflect COVID-19 conditions).

Service frequency averages 6 trips per day across all routes, equating to approximately 4 weekly trips per individual stop.

Health performance in Korumburra is lower than average with common health conditions somewhat prevalent across both younger and older age cohorts

Korumburra faces significant health challenges, based on AreaSearch's assessment of mortality rates and chronic condition prevalence. Common health conditions are somewhat prevalent across both younger and older age cohorts, and the rate of private health cover is very low at approximately 48% of the total population (~4,807 people). This compares to 50.5% across Regional Vic. The national average is 55.7%.

The most common medical conditions in the area are arthritis and mental health issues, impacting 9.8% and 9.3% of residents, respectively, while 63.5% declared themselves as completely clear of medical ailments compared to 63.4% across Regional Vic. The working-age population faces notable health challenges with elevated chronic condition rates. The area has 24.1% of residents aged 65 and over (2,433 people), with national rankings even higher than the general population.

Korumburra is considerably less culturally diverse than average when assessed alongside AreaSearch's national rankings for language and cultural background related metrics

Korumburra was found to be below average in terms of cultural diversity, with 90.5% of its population being citizens, 88.1% born in Australia, and 96.1% speaking English only at home. The main religion in Korumburra is Christianity, which makes up 41.6% of the population. However, the most apparent overrepresentation was in Judaism, which comprises 0.1% of the population, compared to 0.1% across Regional Vic..

In terms of ancestry (country of birth of parents), the top three represented groups in Korumburra are Australian, comprising 32.7% of the population, English, comprising 32.6% of the population, and Scottish, comprising 8.9% of the population. Additionally, there are notable divergences in the representation of certain other ethnic groups: Dutch is notably overrepresented at 2.4% of Korumburra (vs 1.7% regionally), Maltese at 0.4% (vs 0.5%) and Irish at 8.3% (vs 9.7%).

Korumburra hosts an older demographic, ranking in the top quartile nationwide

With a median age of 46, Korumburra is slightly older than the Regional Vic. figure of 43 and significantly higher than the national norm of 38. The 55 - 64 age group shows strong representation at 14.6% compared to Regional Vic., whereas the 15 - 24 cohort is less prevalent at 10.0%. Post-2021 Census data shows the 35 to 44 age group has grown from 10.4% to 12.6% of the population, while the 75 to 84 cohort increased from 6.4% to 7.6%. Conversely, the 45 to 54 cohort has declined from 13.6% to 11.3% and the 55 to 64 group dropped from 15.7% to 14.6%. By 2041, Korumburra is expected to see notable shifts in its age composition. Leading the demographic shift, the 25 to 34 group will grow by 10% (110 people), reaching 1,180 from 1,069. Meanwhile, the 0 to 4 and 75 to 84 cohorts are expected to experience population declines.