Korumburra

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 was around 10,110 as of November 2025, according to AreaSearch's analysis. This reflected an increase of 268 people since the 2021 Census, which reported a population of 9,842. The change was inferred from the estimated resident population of 9,970 in June 2024 and an additional 197 validated new addresses since the Census date. This resulted in a density ratio of 16.8 persons per square kilometer. Population growth was primarily driven by interstate migration, contributing approximately 49.5% of overall population gains during recent periods.

AreaSearch adopted ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For areas not covered, they utilised VIC State Government's Regional/LGA projections from 2023, adjusted using weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group were applied across all areas for years 2032 to 2041. Projections indicated an overall population decline of 753 persons by 2041, but with specific age cohorts expected to grow, notably the 25 to 34 age group projected to increase by 168 people.

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

Korumburra has seen approximately 51 new homes approved annually over the past five financial years, totalling 258 homes. As of FY-26, 19 approvals have been recorded. On average, 1.5 new residents per year arrived with each new home between FY-21 and FY-25, indicating balanced supply conditions. However, this has decreased to 0.7 people per dwelling over the past two financial years. New homes are built at an average expected construction cost of $324,000.

This financial year, Korumburra has seen $3.4 million in commercial development approvals. Compared to Rest of Vic., Korumburra records significantly lower building activity, 55.0% below the regional average per person. New development consists predominantly of detached houses (92.0%) and a smaller proportion of attached dwellings (8.0%), maintaining the area's low density character with a focus on family homes. The location has approximately 249 people per dwelling approval, reflecting its low-density market.

With population stability or decline expected, Korumburra may experience reduced housing pressure, potentially presenting opportunities for buyers.

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

Changes in local infrastructure significantly affect an area's performance. AreaSearch has identified 12 projects that could impact this region. Notable ones are Botanica Estate Korumburra, Korumburra Railway Precinct Redevelopment, Daisybank Estate Korumburra, and Korumburra Streetscape.

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

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Employment conditions in Korumburra demonstrate strong performance, ranking among the top 35% of areas assessed nationally

Korumburra has a diverse workforce with both white and blue collar jobs. The construction sector is prominent, with an unemployment rate of 2.5% in September 2025. Employment growth over the past year was estimated at 4.4%.

There are 5,122 residents employed currently, with an unemployment rate of 1.2%, lower than Rest of Vic.'s rate of 3.8%. Workforce participation is similar to the regional average (63.4%). According to Census data, 20.3% of residents work from home. Dominant employment sectors include health care & social assistance, agriculture, forestry & fishing, and construction.

Agriculture, forestry & fishing has a notable concentration with employment levels at 1.8 times the regional average. Public administration & safety shows lower representation at 3.3%. The area offers limited local employment opportunities based on Census data comparison of working population vs resident population. Over the past year (September 2024 to September 2025), employment increased by 4.4% while labour force grew by 3.8%, reducing unemployment rate by 0.5 percentage points. This contrasts with Rest of Vic., where employment fell by 0.7%. Jobs and Skills Australia's national employment forecasts from May-25 suggest that Korumburra's employment should increase by 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

Korumburra SA2 had lower incomes than national averages in financial year 2023. Its median taxpayer income was $46,555 and average income was $56,481, compared to Rest of Vic.'s $50,954 and $62,728 respectively. By September 2025, estimated incomes were approximately $50,396 (median) and $61,141 (average), based on an 8.25% Wage Price Index growth since financial year 2023. Korumburra's household, family, and personal incomes ranked modestly between the 24th and 27th percentiles according to census data. The largest income segment was 30.5% earning $1,500 - 2,999 weekly (3,083 residents), similar to surrounding regions at 30.3%. Housing costs allowed for retention of 86.7%, but disposable income ranked below average at the 31st percentile, with Korumburra's SEIFA income ranking in the 4th decile.

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

The dwelling structure in Korumburra, as per the latest Census, consisted of 95.0% houses and 5.0% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Non-Metro Vic.'s 90.1% houses and 9.9% other dwellings. Home ownership in Korumburra stood at 43.9%, with mortgaged dwellings at 41.5% and rented ones at 14.6%. The median monthly mortgage repayment was $1,499, higher than Non-Metro Vic.'s average of $1,430. The median weekly rent in Korumburra was $280, compared to Non-Metro Vic.'s $285. Nationally, Korumburra's mortgage repayments were significantly lower than the Australian average of $1,863, and 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 2.4.

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, including advanced diplomas (11.3%) and certificates (30.3%). Educational participation is high, with 26.4% of residents currently enrolled in formal education, comprising 9.9% in primary, 8.3% in secondary, and 2.1% in tertiary education.

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

Korumburra has 11 operational public transport stops. These are served by two routes, offering a total of 44 weekly passenger trips. Transport accessibility is limited, with residents generally located 1116 meters from the nearest stop. Most residents commute outward daily. Car use dominates at 93%, with 4% walking. Average vehicle ownership per dwelling is 1.8, higher than the regional average.

According to the 2021 Census, 20.3% of residents work from home, which may be influenced by COVID-19 conditions. Service frequency averages six trips per day across all routes, resulting in approximately four 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. Mortality rates and chronic condition prevalence are high, with common health conditions prevalent across both younger and older age cohorts. Private health cover is very low at approximately 48% of the total population (~4,802 people), compared to 50.5% across Rest of Vic., and the national average of 55.7%.

The most common medical conditions are arthritis (9.8%) and mental health issues (9.3%). 63.5% of residents declare themselves completely clear of medical ailments, similar to Rest of Vic.'s 63.4%. Working-age population faces notable health challenges with elevated chronic condition rates. As of 2021, the area has 23.8% of residents aged 65 and over (2,405 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's cultural diversity was found to be below average, with 90.5% of its population being Australian citizens, born in Australia (88.1%), and speaking English only at home (96.1%). Christianity was the predominant religion, comprising 41.6% of Korumburra's population. While Judaism was proportionally similar to Rest of Vic., with 0.1%, there were notable differences in ancestry representation: Australian (32.7%) and English (32.6%) being the highest, followed by Scottish at 8.9%.

Dutch, Maltese, and Irish groups showed divergence from regional averages, with Dutch being overrepresented at 2.4% compared to 1.7%, Maltese at 0.4% versus 0.5%, and Irish slightly underrepresented at 8.3% against 9.7%.

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

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