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Suburb profile ·Colac Otway LGA · VIC ·3254

Cororooke VIC 3254

Cororooke is in Colac Otway LGA, VIC, postcode 3254, with population 358.

Median house No local house series
Median rent $450/wk Rent context available
Gross yield Need rent + price
Population 358 358 local footprint
Schools No matched school data
Decision trust

Strong evidence

Cororooke has enough direct local evidence for a first-pass decision.

Direct signals include Market rent, Crime, Transport, and Population growth. Missing or weaker areas are still shown so the page does not overstate precision.

5
Available
0
Verify
3
Missing
Rent context available

Cororooke has usable rent context. LGA fallback rent. Compare against suburb-level records before treating this as a precise suburb signal.

Open matching rent ranking
Development scale

144 latest-year approvals in Colac Otway, +0.0% YoY; population +0.0% YoY (-0.1% 5yr).

Open development signals
COMPARE THIS SUBURB Use compare to test the suburb against another candidate, then validate financial assumptions in the calculator where available.
Shortlist workspace

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Current status
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Source & freshness

QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.

PRICE POSTURE
Manual release files still matter here.

Manual release files parsed into suburb prices

RENT POSTURE
Rent is using a state market dataset when available.

Use current rent as a starting signal, not as a fixed underwriting truth.

SERVICE POSTURE
Service coverage is matched locally, not inferred nationally.

Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.

Data status
Property prices
VIC Property Sales Report · Manual release refresh
fragile source · automated · every update · annual
Missing
Market rent
Homes Victoria · Sep 2025 · State market dataset
medium stability · automated · every update · quarterly
Available
Crime
VIC Crime Statistics Agency · Year ending Dec 2025 · Area-level release dataset
medium stability · mixed acquisition · mixed refresh · mixed
Available
Schools
ACARA 2025 · No local school matches exposed
medium stability · manual file · snapshot · annual
Missing
Hospitals
AIHW · No linked local hospital coverage
medium stability · manual file · snapshot · mixed
Missing
Transport
GTFS feeds · 2 matched stops/stations
medium stability · manual file · snapshot · mixed
Available
Population growth
ABS ERP · 2025 · Annual estimate series
stable source · automated · every update · annual
Available
Building approvals
ABS Building Approvals · 2026 · Annual release series
stable source · automated · every update · monthly
Available
Available means a direct local dataset is linked. Verify means coverage exists but freshness or precision is weaker, such as Census rent fallback or low-confidence hospital matching.
Rent signal

Rent context available

Cororooke has usable rent context. Snapshot rent $450/wk.

LGA fallback rent. Compare against suburb-level records before treating this as a precise suburb signal.

Source level LGA fallback Confidence Provisional Period Sep 2025
Evidence depth
Strong evidence

Cororooke has enough direct local evidence for a first-pass decision.

Direct signals include Market rent, Crime, Transport, and Population growth. Missing or weaker areas are still shown so the page does not overstate precision.

Next step

Use compare to test the suburb against another candidate, then validate financial assumptions in the calculator where available.

Direct
5

Market rent, Crime, Transport, Population growth

Verify
0

No fallback or lower-precision signals flagged.

Missing
3

Property prices, Schools, Hospitals

Decision intelligence
Verify-first

Cororooke currently reads as a verify-first candidate.

The profile is based on limited but still useful local context. Small local population makes the signal set more fragile.

Recommended next step

Verify the weak evidence layer first, then compare it against a better-covered suburb.

Why it fits

No strong positive decision reason is visible yet.

What to check

Small local population makes the signal set more fragile.

Decisive gaps

Property prices, Schools

Compare status

Verify before compare

Why people look here Intent
  • Buyers want a quick sense of price, schools, and neighbourhood scale before getting lost in data.
  • Investors want to know whether rent, yield, and affordability broadly support the suburb story.
  • Researchers want one place that ties property, demographics, transport, and services together.
Local signals Mixed
Schools: No local school matches exposed.
Crime: 8,657 per 100k at the Colac Otway LGA level.
Transport: 2 matched stops/stations across local feeds.

Price history

No price history available

Price series isn't recorded for this suburb. Census housing data is shown instead.

Median mortgage · mth$1,300
Median rent · wk$230

Full data detail

Cororooke VIC

Postcode 3254 · Colac Otway LGA

Cororooke is a quiet locality in Victoria within the Colac Otway local government area (postcode 3254). With a population of 358, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $77K per year, with an average household size of 2.6 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.0% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, labourers, managers. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are Australian, English, Irish.

The current median weekly rent is $450. The median monthly mortgage repayment is $1,300.

Public transport access includes 2 bus stops. The crime rate in the Colac Otway LGA is higher than average at 8,657 incidents per 100,000 population.

From an investment perspective, Population growth of +0.0% year-on-year indicates stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.

Investment signals
Pop. Growth+0.0% Stable
Development+0% Steady
SEIFA index (ABS) — 1 = most disadvantaged, 10 = most advantaged
Advantage5/10
Education3/10
Economic5/10
Disadvantage3/10
Census 2021 (ABS)
Median rent /wk
$230
Population
358
Demographics
Median age33
Household size2.6
HH income /wk$1,485
Personal income /wk$719
Mortgage /mth$1,300
Crime (Colac Otway LGA)
Crime rate (per 100k)8,657
Total incidents1,934
Transport
Bus stops2
Population growth (Colac Otway LGA)
Population (2025)22,209
5-year growth-0.1% CAGR
YoY change+0%
Development (Colac Otway LGA)
Approvals (2026)144
Houses121
Units23
YoY change+0%
Data status
Property prices
VIC Property Sales Report · Release dataset
Missing
Market rent
State rent dataset · Sep 2025 · Market dataset
Available
Crime
VIC Crime Statistics Agency · Year ending Dec 2025 · LGA-level dataset
Available
Schools
ACARA 2025
Missing
Hospitals
AIHW
Missing
Transport
GTFS · Stop-level feed
Available
Population growth
ABS ERP · 2025 · Annual estimate
Available
Building approvals
ABS Building Approvals · 2026 · Annual series
Available
Available means a local dataset is present. Verify means coverage exists but location confidence is limited.
Data: Year ending Dec 2025
Sources: ABS Census 2021 · ABS dwelling prices · State Valuers General · ATO income · ACARA schools · AIHW hospitals · GTFS · state police

Cororooke FAQ

Common questions
  1. What LGA is Cororooke in?

    Cororooke is in the Colac Otway Local Government Area, VIC, postcode 3254. Council-level context for Colac Otway LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.

  2. What is the typical weekly rent in Cororooke?

    The median weekly rent in Cororooke is $450/wk, based on the current market rent dataset. The current rent signal is rent context available.

  3. What does the rent signal say about Cororooke?

    Rent context available: Cororooke has usable rent context. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.

  4. Is Cororooke a good investment?

    QuickProperty's investment signals for Cororooke show: Stable, Steady. These are computed from price, rent, income, and population data — not an opaque score.

  5. Where does QuickProperty get its data for Cororooke?

    Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.

  6. How often is the Cororooke data updated?

    Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.