Coronet Bay (postcode 3984) is a small locality in Victoria within the Bass Coast local government area. It is home to about 1,108 residents, with a mature demographic and a median age of 51. Households earn a median income of $50K per year, with an average household size of 2 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.1% year-on-year at the LGA level. VIC employment has moved +0.8% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. VIC also had 41 Commonwealth-backed major projects under construction, 18 underway, and 24 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, labourers, professionals. Employment in the area leans toward construction and healthcare. The top ancestries reported are English, Australian, Irish.
Coronet Bay has a median house price of $520,000, holding roughly steady year-on-year. The current median weekly rent is $480. This gives a gross rental yield of approximately 4.8%. The median monthly mortgage repayment is $1,300.
Public transport access includes 11 bus stops. The crime rate in the Bass Coast LGA is higher than average at 8,064 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 4.8%, which reads as moderate yield. Property prices sit below the state median ($520K/$850K), which can point to relative value. The price-to-income ratio of 10.5x is considered stretched. House prices have moved +0.0% year-on-year. Population growth of +2.1% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.