The size of Corella is approximately 13.7 square kilometres. It has 1 park covering nearly 49.8% of total area. The population of Corella in 2011 was 313 people. By 2016 the population was 60 showing a population decline of 80.8% in the area during that time. The predominant age group in Corella is 0-9 years. Households in Corella are primarily single parents and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Corella work in a trades occupation. In 2011, 77.3% of the homes in Corella were owner-occupied compared with 66.7% in 2016..
Corella has 34 properties. Over the last 5 years, Houses in Corella have seen a 131.28% increase in median value. As at 31 October 2024:
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