Corack (postcode 3480) is a sparsely populated locality in Victoria within the Buloke local government area. With a population of 33, the suburb has a settled, mature resident base with a median age of 45. Households earn a median income of $84K per year, with an average household size of 2.7 people. Recent annual estimates show population movement softening across the broader catchment, with population growth running at -0.6% year-on-year at the LGA level. VIC employment has moved +0.8% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. VIC also had 41 Commonwealth-backed major projects under construction, 18 underway, and 24 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, labourers, professionals. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are Irish, Australian, Scottish.
The current median weekly rent is $340. The median monthly mortgage repayment is $163.
The crime rate in the Buloke LGA is moderate at 5,505 incidents per 100,000 population.
From an investment perspective, Population growth of -0.6% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.