Suburb Profile Report for Coronet Bay VIC (3984)

Coronet Bay House: Median price $342,500, Annual capital growth 5.24%, Number of sales 44, Weekly median advertised rent $295

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

VIC has seen average median house prices change by 3.76% which means that Coronet Bay, 3984 has done well for property investors by showing a capital gain of 5.38% over the last year

Coronet Bay,3984 was ranked 2641 in Australia by increase in median property value over the quarter.

The most recent median price for Coronet Bay is $342500, with sellers offering an average of -5.19% off the asking price.

In the last year 44 properties changed hands in Coronet Bay, which puts it as the 448th most active market in VIC when comparing the number of sales per suburb.

With the median price for a house in Coronet Bay being $342500 and the advertised rent reaching $295 the gross rental yield for property investors calculates out to be 4.48%

Metrics i HOUSE UNIT
$342,500 N/A
-0.72% N/A
5.38% N/A
5.24% N/A
$295 N/A
44 N/A
4.48% N/A
65.78 N/A

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Good (H), Above average (U)
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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
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