Coral Bank, VIC
By Lauren McCaleb · Reviewed by Dylan Duncan ·
More advantaged than the national average
Coral Bank is more socio-economically advantaged than about 69% of the 14,462 Australian suburbs we score, based on the ABS SEIFA index (raw score 1020, where about 1000 is the national average).
A socio-economic measure from ABS Census data — not a measure of how good a suburb is to live in or visit. How we calculate this.
Is Coral Bank a good place to live?
There’s no single answer — it depends on what matters to you. So instead of one mystery number, we break it down: a transparent score on each part of life we can back with public data, and an honest “not yet” on the parts we can’t.
Strong on the data we score
A weighted blend of the 2 components we can score for Coral Bank from public data. It sits alongside — and reconciles with — the socio-economic Suburb Score above; it is a transparent read, not a complete verdict.
Socio-economic advantage
69/100More advantaged than the national average
More advantaged than the national average — the same ABS SEIFA-based Suburb Score (69/100) shown above. Income, education and occupation, as published by the ABS. · ABS SEIFA 2021
Housing affordability
71/100More affordable than the national median
Median weekly rent was $215 at the 2021 Census — more affordable than about 71% of suburbs we can compare. Housing data only, no valuations. · ABS Census 2021
Not yet scored
We’d rather leave these open than publish a number we can’t stand behind. Here’s where each one stands.
- Amenities & accessNot scored yet — our OpenStreetMap amenity mapping is still rolling out across suburbs.
- Green spaceNot scored yet — our OpenStreetMap green-space mapping is still rolling out across suburbs.
- TransportNot scored yet — our OpenStreetMap public-transport mapping is still rolling out across suburbs.
- SchoolsNot scored yet — school performance (ACARA / ICSEA) needs a data-reuse licence cleared before we can publish it.
- SafetyNot scored yet — Australia has no single open crime dataset and safety data carries defamation and legal care, so it is gated pending a go/no-go and will be data-only when added.
- CommunityNot scored yet — we won't reduce community to a number from a proxy. We'd rather leave it open than publish an invented value judgement.
A transparent read on public data, not a verdict — and not a measure of any person or community. See our methodology for how each component is worked out and why some aren’t scored yet.
Coral Bank at a glance
- Population (2021)
- 88
- Median age
- 57
- Median weekly household income
- $1,812
- SEIFA score
- 1020
- Local government area
- Alpine
- Coordinates
- -36.6198, 147.1061
Map of Coral Bank
© OpenStreetMap contributors · View larger map
Housing & property in Coral Bank
What it costs to live in Coral Bank and how residents hold their homes, from the Australian Bureau of Statistics 2021 Census.
- Median rent
- $215
- per week
- Median mortgage
- $985
- per month
- Owner-occupied
- 90%
- of dwellings
- Rented
- 10%
- of dwellings
The full tenure and dwelling-type breakdown is in the Coral Bank demographics section below.
Source: ABS Census of Population and Housing, 2021. © Australian Bureau of Statistics, released under CC BY 4.0. See our methodology.
Coral Bank demographics (2021 Census)
The figures below profile Coral Bank using the Australian Bureau of Statistics 2021 Census; every percentage is a share of a clearly stated Census count, so each one traces back to the source. At a glance, the largest age group is mid-life (45–64) at 44% and 17% of residents were born overseas.
Age profile
| Age group | People | Share |
|---|---|---|
| Children (0–14) | 6 | 7% |
| Youth (15–24) | 3 | 3% |
| Young adults (25–44) | 18 | 20% |
| Mid-life (45–64) | 39 | 44% |
| Seniors (65+) | 23 | 26% |
Share of the 89 people counted by age.
Housing and households
| Tenure | Dwellings | Share |
|---|---|---|
| Owned outright | 22 | 55% |
| Owned with a mortgage | 14 | 35% |
| Rented | 4 | 10% |
| Dwelling type | Dwellings | Share |
|---|---|---|
| Houses | 33 | 100% |
| Townhouses & semis | 0 | 0% |
| Flats & apartments | 0 | 0% |
Tenure and dwelling shares are of the roughly 33 occupied private dwellings in Coral Bank.
- Average household size
- 2.3 people
- Median weekly family income
- $2,083
- Median weekly personal income
- $822
Community and culture
- Born overseas
- 14 (17%)
- Speaks a language other than English at home
- 3 (3%)
- Aboriginal and/or Torres Strait Islander
- 0 (0%)
Work and education
- Completed Year 12
- 37 (46%)
- Labour-force participation
- 60%
- Employed full-time
- 25
- Employed part-time
- 15
Source: ABS Census of Population and Housing, 2021 (General Community Profile, by Suburb and Locality). © Australian Bureau of Statistics, released under CC BY 4.0. How we group bands and derive each share is set out on our methodology page.
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Common questions about Coral Bank
Is Coral Bank a good place to live?
There's no single answer, so we score what the public data can back. On socio-economic advantage and housing affordability, Coral Bank rates 70/100 overall (Strong on the data we score). Public transport, schools and safety aren't scored yet — see our methodology for why.
What is the median rent in Coral Bank?
At the 2021 Census, the median weekly rent in Coral Bank was $215, and the median monthly mortgage repayment was $985. These are official ABS Census figures — StreetScout publishes housing data only, with no property valuations or agent referrals.
Where is Coral Bank?
Coral Bank is a suburb of Victoria, Australia, in the Alpine local government area.
What is the population of Coral Bank?
At the 2021 Census, Coral Bank had a population of about 88.
Is Coral Bank an advantaged area?
Coral Bank has an ABS SEIFA score of 1020, where about 1000 is the national average — higher scores indicate greater relative socio-economic advantage. That gives it a Suburb Score of 69 out of 100 — more socio-economically advantaged than about 69% of Australian suburbs.
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