Cornella (postcode 3551) is a sparsely populated locality in Victoria within the Campaspe local government area. With a population of 43, the suburb has an older-leaning population with a median age of 52. Households earn a median income of $45K per year, with an average household size of 2.1 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at -0.1% 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, community & personal service, labourers. Employment in the area leans toward agriculture and manufacturing. The top ancestries reported are English, Scottish, Lebanese.
The current median weekly rent is $460. The median monthly mortgage repayment is $400.
The crime rate in the Campaspe LGA is higher than average at 10,244 incidents per 100,000 population.
Looking at the investment signals, Population growth of -0.1% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.