Corio - Lovely Banks

VIC

Corio - Lovely Banks is a declining region in VIC with 18,486 residents.

SA2 code: 203021486
State: VIC

Population

18,486

Estimated 2025

5-Year Growth

-0.5%

3yr: +1.5% · 10yr: +3.0%

5-year growth

Median Rent

$280/wk

Census 2021

Median Income

$1,230/wk

Household, Census 2021

Population over time — Corio - Lovely Banks (SA2)

Source: ABS ERP (latest release · 2025) · Census 2021. Numbers refreshed quarterly.

Growth at a Glance

3yr: +1.5%5yr: -0.5%10yr: +3.0%Total: +7.6%

Population grew from 17,178 to 18,486 over 24 years, averaging 0.3% per year.

Demand & supply signals

Derived signals haven't been computed for this region yet.

Roadmap signals

Two more derived metrics are defined in the platform and waiting on upstream-data orchestration. Each will populate here once its source series is wired through.

Affordability trend

Coming soon

RPPI year-on-year divided by WPI year-on-year. Above 1.0 means home prices are outpacing wages; below 1.0 means wages are catching up.

Awaiting: ABS RPPI (6432.0) + WPI (6345.0) GCCSA-grain orchestration.

Rent–price momentum spread

Coming soon

CPI rents year-on-year minus RPPI year-on-year. Positive means rents are gaining on prices; negative means prices are running ahead of rents.

Awaiting: ABS CPI rents component + RPPI orchestration.

Profile

Census snapshot

ABS · 2021

Housing

Public housing 7.3%

Almost entirely detached houses (92.4%), mixed tenure (60.6% own or mortgage), built for families (67% are 3 bed).

Dwelling mix

Houses 92.4%

5,966 houses396 townhouses93 apartments

Tenure

Owned 29.6%

Mortgage 31.0%

Renting 36.1%

Owned 29.6%Mortgage 31.0%Renting 36.1%Other / NS 3.4%

Number of bedrooms

1 bed

174 (2.7%)

2 bed

663 (10.4%)

3 bed

4,270 (66.9%)

4 bed

1,113 (17.4%)

5 bed

126 (2.0%)

6+ bed

36 (0.6%)