Located in Victoria within the Glenelg local government area, Corndale is a sparsely populated locality (postcode 3311). The area has roughly 27 residents and an older-leaning population, with a median age of 51. Households earn a median income of $85K 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 managers, labourers. Employment in the area leans toward agriculture and retail trade. The top ancestries reported are Australian, English, Irish.
The current median weekly rent is $420. The median monthly mortgage repayment is $605.
The crime rate in the Glenelg LGA is higher than average at 12,431 incidents per 100,000 population.
From an investment perspective, Population growth of +0.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.