Real Estate Coronet Bay, VIC, 3984 Bass Coast

Thinking about buying in Coronet Bay? Now could not be a better time, with a whopping 1213 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $419,000 with prices in this suburb ranging from $194,000 to $886,000.

Distance to the coast is 0 Km.

Instant Valuation

Coronet Bay Real Estate Market Outlook

In Coronet Bay there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Coronet Bay due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Coronet Bay changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. High density population in Coronet Bay requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Coronet Bay we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Coronet Bay a better buying opportunity than it may have been in the past.

About

Household makeup

Median Weekly Rent $298.60
Median Monthly Mortgage $1352.80
Median Persons Per Bedroom 0.70
Average Household Size 2.00
Average Age 45.00
Average Income $724.00
Average Cars Per Dwelling 2.60
Average Properties Within 50M 10.00

Typical Property Prices

2 Bed$652,125
3 Bed$625,909
4 Bed$1,400,960

Housing Stock

Houses for sale Coronet Bay

LJ Hooker 25 SEMAPHORE ST, CORONET BAY, VIC, 3984 3 1 1 $460,000 - $475,000

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Coronet Bay there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average


Coronet Bay weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.616.224.655.888.53.925.3
Feb1.616.224.554.187.93.721
Mar1.614.922.953.287.33.815.8
Apr1.713.220.357.089.63.310.9
May2.910.716.462.090.33.57.7
Jun2.28.714.167.2923.56.9
Jul2.38.213.565.090.74.47.4
Aug2.68.114.161.890.5410.0
Sept1.99.416.356.790.63.714.3
Oct1.611.118.857.490.73.519.0
Nov5.112.620.754.088.23.622.4
Dec1.314.624.051.8873.828.3

source: Australian Government Bureau of Meteorology



Internet Speed

Fibre to the Node

Fibre to the Premises

Fixed Wireless

Satellite


Nearby Suburbs

CorinellaTenby PointBassQueensferryElizabeth IslandGlen ForbesAdams EstateGrantvilleAndersonWoolamai

Public Transport

Somerville - Greater then 10KM Cranbourne - Greater then 10KM Pakenham - Greater then 10KM Tyabb Station - Greater then 10KM Tankerton Jetty - Greater then 10KM Bittern Station - Greater then 10KM Cowes Jetty - Greater then 10KM Moorooduc - Greater then 10KM Hastings - Greater then 10KM Stony Point Pier - Greater then 10KM

General Points of Interest

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