Corio, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Corio
VICCensus 2021 · Population 15,489
Corio is a suburb with a population of 15,489, characterized by a median age of 35, which is slightly younger than the Victorian average of 38. The community is diverse, with 33.4% of residents born overseas, closely aligning with the Victorian average of 35.0%. Family structures are varied, with 36.0% of households being couples with children and 30.0% being single-parent families. The area has a notable proportion of single-person households at 28.6%. Housing in Corio is predominantly separate houses, accounting for 91.5% of all dwellings, which is significantly higher than the Victorian average of 73.4%.
Key Highlights
- High proportion of separate houses - 91.5% (vs VIC 73.4%)
- Diverse cultural community with 33.4% born overseas
- Significant single-parent households - 30.0%
- Affordable median weekly rent at $280
- Predominantly English-speaking - 69.9% speak only English at home
Things to Consider
- Higher unemployment rate at 8.7% (vs VIC 5.0%)
- Lower educational attainment with 7.7% holding a bachelor's degree (vs VIC 29.2%)
- Below average median household income at $1,152 weekly (vs VIC $1,759)
- Renter-heavy with 39.7% renting (vs VIC 28.5%)
- Lower work-from-home rate at 7.9% (vs VIC 25.7%)
What's it like living here?
Daily life in Corio is characterized by a strong reliance on car travel, with 66.0% of residents driving to work. Public transport usage is relatively low at 3.4%, and 7.9% of the workforce works from home, which is below the Victorian average of 25.7%. The community has a mix of employment types, with a significant number of residents working as labourers (21.1%) and technicians and trades workers (15.1%).