South Purrumbete (postcode 3260) is a quiet locality in Victoria within the Corangamite local government area. The area has roughly 124 residents and an older-leaning population, with a median age of 47. Households earn a median income of $97K per year, with an average household size of 2.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at -0.3% year-on-year at the LGA level. VIC employment has moved +0.9% 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, professionals, community & personal service. Employment in the area leans toward agriculture and education. The top ancestries reported are Australian, English, Irish.
The current median weekly rent is $400. The median monthly mortgage repayment is $975.
The crime rate in the Corangamite LGA is moderate at 6,238 incidents per 100,000 population.
From an investment perspective, Population growth of -0.3% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.