Coronet Bay, VIC 3984
South Gippsland Shire CouncilAll suburbs in postcode 3984
Updated
Median house price
$505,000
Median · Land Victoria · the latest published quarter (updated May 2026)
Selling in Coronet Bay?
Get the free selling guide, personalised to Coronet Bay, or ask for a free appraisal from a local agent.
Coronet Bay at a glance
- Median unit
- $246,240
- Population
- 1,108
- Median age 51
Prices: Median · Land Victoria · the latest published quarter (updated May 2026) · Population: 2021 Census
House prices in Coronet Bay
Houses change hands at $505,000 on a typical sale, well below the Victoria median. Units come in around $246,240, roughly 51% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $101,000. Prices are well below the Victoria median, which keeps Coronet Bay on the radar for first-home buyers and right-sizers.
Free appraisal in Coronet Bay
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What to know about Coronet Bay
Coronet Bay (3984) sits in the South Gippsland region of Victoria. The median house here is $505,000, well below the Victoria median of around $850K.
Coronet Bay has roughly 1,108 residents, with a retiree-heavy demographic. Households are predominantly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.
What it’s like to live here
Coronet Bay scores 0/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 25°C (mild), winter mornings around 7°C (cool). Annual rainfall lands at about 779 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).
Schooling within or near the suburb covers 6 government primary, 1 Catholic, 2 independent.
Schools in Coronet Bay
Location
Walkability
- Walk
- 0/100
- Transit
- 0/100
- Bike
- 5/100
Very car dependent. Scores out of 100, calculated from OpenStreetMap data (ODbL).
Walkability data as of May 2026· OpenStreetMap
Demographics
The 2021 Census put Coronet Bay's population at 1,108, with a median age of 51. That sits as a retiree-heavy demographic. Households are predominantly owner-occupied (77% own, 21% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (60% family households, 38% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
- Family households
- 60%
- Lone person
- 38%
- Owner occupied
- 77%
- Renter occupied
- 21%
Demographics data as of May 2026· ABS 2021 Census
Investment overview
Crime and safety
69 offences recorded in 2026
Top offence categories
Source: State Police Open Data
Crime data as of December 2026
Weather year-round
- Annual rainfall
- 779 mm
- Hottest month, avg max
- 24.9°C
- Coldest month, avg min
- 7.1°C
Rainfall by month
Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.
Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations
Questions about Coronet Bay
- What is the median house price in Coronet Bay?
- The median house price in Coronet Bay, VIC 3984 is $505,000 (Land Victoria's quarterly suburb median, the latest published quarter (updated May 2026)). The median unit price is $246,240.
- How much is my house worth in Coronet Bay?
- A useful starting point is the Coronet Bay median house price of $505,000 (units $246,240). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- What is the Coronet Bay postcode?
- Coronet Bay is in the 3984 postcode, in VIC, in the South Gippsland Shire Council region.
- Where is Coronet Bay?
- Coronet Bay is a suburb in the South Gippsland Shire Council area, VIC 3984.
- What schools are in Coronet Bay?
- There are 9 schools serving Coronet Bay on this page, including Bass Valley Primary School, Perseverance Primary School, Newhaven Primary School.
- How walkable is Coronet Bay?
- Coronet Bay has a Walk Score of 0 out of 100, highly car-dependent. transit score 0, bike score 5.
- What suburbs are near Coronet Bay?
- Coronet Bay is close to Corinella, Tenby Point, Bass, Queensferry, Glen Forbes.
- What is the population of Coronet Bay?
- The population of Coronet Bay is approximately 1,108 (2021 Census). The median age is 51.
Selling in Coronet Bay? Get the free selling guide
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Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.
