Corinella, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Corinella
VICCensus 2021 · Population 1,181
Corinella is a small coastal community with a total population of 1,181. The median age is 53, significantly higher than the Victorian average of 38, indicating a mature population. The suburb has a higher percentage of couples without children at 55.6% compared to couples with children at 25.4%. Housing is predominantly separate houses, with 99.2% of homes being this type, and a high rate of home ownership with 44% owned outright.
Key Highlights
- High home ownership - 44% owned outright
- Predominantly separate houses - 99.2%
- Significant work-from-home population - 17.4%
- Older population - median age of 53
- High percentage of English spoken at home - 89%
Things to Consider
- Lower labour force participation at 49.1%
- Below average educational attainment with 11.6% holding a bachelor's degree
- Median household income of $1,169 is below the Victorian average of $1,759
- Unemployment rate slightly above state average at 5.7%
- Limited public transport options
What's it like living here?
Daily life in Corinella is likely quiet and community-focused, with a significant portion of the population working from home (17.4%). Most residents commute by car, with 62.8% driving to work. The suburb has a lower labour force participation rate at 49.1%, reflecting its older demographic. The community feel is likely strong, with a high percentage of English spoken at home (89%).