Korumburra
Statistical Area - sa2

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

Korumburra's population, as of November 2025, is approximately 10,109, showing an increase of 267 people since the 2021 Census. The 2021 Census reported a population of 9,842. This increase is inferred from ABS estimated resident population of 9,972 in June 2024 and additional validated new addresses of 197 since the Census date. This results in a density ratio of 16.8 persons per square kilometer. Interstate migration contributed about 49.5% to overall population gains recently.

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 VIC State Government's Regional/LGA projections from 2023, adjusting using weighted aggregation from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Projections indicate a decline of 753 persons in overall population by 2041, but growth is expected in the 25-34 age cohort, with an increase of 168 people.

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

Korumburra granted approximately 51 residential property approvals annually. Over the past five financial years, from FY21 to FY25258 homes were approved, with an additional 14 approved in FY26 as of now. On average, 1.5 people moved to the area per dwelling built over these five years, indicating a balanced supply and demand. However, this has moderated to 0.7 people per dwelling over the past two financial years, suggesting improved balance.

New homes are being constructed at an average expected cost of $324,000. This year, $3.4 million in commercial development approvals have been recorded, reflecting Korumburra's residential character. Compared to the rest of Victoria, Korumburra shows significantly reduced construction activity, with 55.0% below the regional average per person. This constrained new construction typically reinforces demand and pricing for existing properties.

New developments consist of 92.0% detached dwellings and 8.0% medium and high-density housing, maintaining Korumburra's traditional low density character focused on family homes. With around 249 people per dwelling approval, Korumburra exhibits characteristics of a low-density area. Given stable or declining population forecasts, Korumburra may experience less housing pressure in the future, creating favourable conditions for buyers.

Korumburra has emerging levels of nearby infrastructure activity, ranking in the 34thth percentile nationally

Changes in local infrastructure significantly affect an area's performance. AreaSearch has identified 12 projects likely impacting the area. Notable ones include Botanica Estate Korumburra, Korumburra Railway Precinct Redevelopment, Daisybank Estate Korumburra, and Korumburra Streetscape. The following list details those most relevant.

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.

AreaSearch assessment positions Korumburra ahead of most Australian regions for employment performance

Korumburra's workforce is balanced between white and blue-collar jobs. The construction sector stands out in terms of representation, with an unemployment rate of 2.7%.

As of June 2025, 4,988 residents are employed, which is 1.1% below the Rest of Vic.'s rate of 3.8%. Workforce participation is similar to Rest of Vic.'s 57.4%. Key industries include health care & social assistance, agriculture, forestry & fishing, and construction. Agriculture, forestry & fishing has a higher representation at 1.8 times the regional level.

Conversely, public administration & safety shows lower representation at 3.3% compared to the regional average of 6.5%. The area may have limited local employment opportunities, as indicated by the Census working population vs resident population count. Over the year to June 2025, labour force levels decreased by 0.8%, and employment fell by 0.9%, causing unemployment to rise by 0.1 percentage points. This contrasts with Rest of Vic., where employment contracted by 0.9%, the labour force fell by 0.4%, and unemployment rose by 0.4 percentage points. Jobs and Skills Australia's national employment forecasts from May 2025 suggest Korumburra's employment could grow by approximately 5.7% over five years and 12.4% over ten years, based on industry-specific projections applied to the local employment mix.

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

AreaSearch's latest postcode level ATO data for financial year ending June 2022 shows that Korumburra has incomes below the national average. The median assessed income is $45,412 and the average income stands at $55,617. This contrasts with Rest of Vic.'s figures where the median income is $48,741 and the average income is $60,693. Based on Wage Price Index growth of 12.16% from financial year ending June 2022 to September 2025, current estimates would be approximately $50,934 for median income and $62,380 for average income as of September 2025. Census data shows that household, family and personal incomes in Korumburra rank modestly between the 25th and 27th percentiles. Income analysis reveals that 30.5% of the community (3,083 individuals) fall within the $1,500 - 2,999 earnings band, similar to the broader area where 30.3% occupy this bracket. Housing costs allow for retention of 86.7%, but disposable income is 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 ownership patterns similar to the broader region

The dwelling structure in Korumburra, as per the latest Census, consisted of 95.0% houses and 5.0% other dwellings such as semi-detached homes, apartments, and 'other' dwellings. This is compared to Non-Metro Vic.'s 93.3% houses and 6.7% other dwellings. Home ownership in Korumburra was at 43.9%, with mortgaged dwellings at 41.5% and rented ones at 14.6%. The median monthly mortgage repayment in the area was $1,499, higher than Non-Metro Vic.'s average of $1,450. The median weekly rent figure was recorded as $280, compared to Non-Metro Vic.'s $295. Nationally, Korumburra's mortgage repayments were significantly lower than the Australian average of $1,863, while rents were substantially below the national figure of $375.

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

Family households constitute 72.1% of all households, including 29.3% couples with children, 33.1% couples without children, and 9.0% single parent families. Non-family households comprise the remaining 27.9%, with lone person households at 25.6% and group households making up 2.4%. The median household size is 2.5 people, larger than the Rest of Vic. average of 2.3.

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

The area's university qualification rate is 16.9%, significantly lower than Victoria's average of 33.4%. Bachelor degrees are the most common at 11.7%, followed by postgraduate qualifications (2.6%) and graduate diplomas (2.6%). Vocational credentials are prevalent, with 41.6% of residents aged 15+ holding them. This includes advanced diplomas (11.3%) and certificates (30.3%).

Current educational participation is high at 26.4%, comprising primary education (9.9%), secondary education (8.3%), and tertiary education (2.1%). Korumburra has a robust network of 7 schools educating approximately 1,164 students, with typical Australian school conditions (ICSEA: 993) indicating balanced educational opportunities. The area offers balanced education provision with 6 primary and 1 secondary school serving distinct age groups.

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

Korumburra has 18 active public transport stops, all of which operate buses. These stops are served by five different routes that together offer 78 weekly passenger trips. Transport accessibility is limited, with residents on average living 731 meters from the nearest stop.

On average, there are 11 trips per day across all routes, which equates to about four weekly trips per individual stop.

Health performance in Korumburra is well below average with prevalence of common health conditions notable across both younger and older age cohorts

Health data indicates significant challenges for Korumburra, with high prevalence of common health conditions across both younger and older age groups. Approximately 48% (~4,811 people) have private health cover, lower than the national average of 55.3%.

The most prevalent medical conditions are arthritis (9.8%) and mental health issues (9.3%). About 63.5% report no medical ailments, compared to 61.6% in Rest of Vic.. Korumburra has 23.8% (2,404 people) aged 65 and over, lower than the 28.6% in Rest of Vic., but performs better on health metrics compared to 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's cultural diversity was found to be below average, with 90.5% of its population being Australian citizens and 88.1% born in Australia. The majority spoke English only at home, at 96.1%. Christianity was the predominant religion, representing 41.6% of Korumburra's population.

While Judaism comprised a similar proportion to the rest of Victoria, it was overrepresented compared to the state average, making up 0.1% of Korumburra's population. In terms of ancestry, Australian (32.7%), English (32.6%), and Scottish (8.9%) were the top three represented groups in Korumburra. Notably, Dutch (2.4%) was overrepresented compared to the regional average of 2.5%, while Maltese (0.4%) and Irish (8.3%) showed similar proportions to their respective regional averages.

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

Korumburra has a median age of 46, which is higher than both the Rest of Vic figure of 43 and the national norm of 38. The 55-64 age group constitutes 14.7% of Korumburra's population, compared to Rest of Vic., while the 15-24 cohort represents 10.1%. According to post-2021 Census data, the 35-44 age group has increased from 10.4% to 12.1%, and the 75-84 cohort has risen from 6.4% to 7.5%. Conversely, the 45-54 cohort has decreased from 13.6% to 12.0%. By 2041, Korumburra's age composition is expected to change significantly. The 25-34 group is projected to grow by 13%, reaching 1,180 people from the current 1,046. Meanwhile, the 75-84 and 0-4 cohorts are expected to experience population declines.