The size of Korbel is approximately 341.2 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Korbel in 2011 was 149 people. By 2016 the population was 33 showing a population decline of 77.9% in the area during that time. The predominant age group in Korbel is 50-59 years. Households in Korbel are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Korbel work in a managers occupation. In 2006, 30.9% of the homes in Korbel were owner-occupied compared with 83% in 2011..
Korbel has 151 properties. Over the last 5 years, Houses in Korbel have seen a 75.14% increase in median value. As at 30 September 2024:
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