Suburb Profile Report for Coronet Bay VIC (3984)

Coronet Bay House: Median price $285,000, Annual capital growth 5.15%, Number of sales 57, Weekly median advertised rent $270

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Investment property in Coronet Bay has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.48%

Taking the average capital gain, or increase in median house value, Coronet Bay,3984 has racked up an average of 10.48% over the period. This ranks it number 2556th in the whole country for real estate investors looking at median house price increases.

Vendor discounting in Coronet Bay is giving property investors an average Vendor Discount of around -7.13%. This puts suburb at number 126th in VIC when ranking the most discounted suburbs.

Metrics i HOUSE UNIT
$285,000 N/A
0.00% N/A
10.48% N/A
5.15% N/A
$270 N/A
57 N/A
4.93% N/A
107.8 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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Demographics
Total population 709
Median household income ($/weekly) 592
Median age of persons 56
Median housing loan repayment ($/monthly) 1323
Average household size 1.9
  • Census Count Percent(%)
    35-44 years 73 10.3
    45-54 years 92 13.0
    55-64 years 167 23.6
    65-74 years 129 18.2
    75-84 years 62 8.7
    Others 186 26.2
    Age Group
    Census Count Percent(%)
    Not Married 263 46.5
    Registered Married 254 44.9
    Defacto Relationship 49 8.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 540 80.2
    Hong Kong 9 1.3
    Papua New Guinea 14 2.1
    United Kingdom 60 8.9
    Other 9 1.3
    Others 41 6.1
    Country of Birth
    Census Count Percent(%)
    Christianity 413 67.2
    No Religion 193 31.4
    Buddhism 9 1.5
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 27 8.6
    $300-$399 48 15.3
    $400-$599 69 22.0
    $600-$799 46 14.6
    $800-$999 41 13.1
    Others 83 26.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 345 58.8
    Employed, worked full-time 126 21.5
    Employed, worked part-time 76 12.9
    Unemployed, looking for work 26 4.4
    Employed, away from work 14 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 28 13.0
    Professionals 30 13.9
    Technicians & trades workers 27 12.5
    Community & personal service workers 31 14.4
    Labourers 39 18.1
    Others 61 28.2
    Occupation
    Census Count Percent(%)
    Infants/Primary 29 37.2
    Secondary 24 30.8
    Technical or Further Educational Institution 12 15.4
    Pre-school 9 11.5
    University or other Tertiary Institutions 4 5.1
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 668 99.4
    Flat, unit or apartment 4 0.6
    Semi-detached, row or terrace house, townhouse 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 150 44.9
    Rented 96 28.7
    Being purchased 88 26.3
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals