South & West Gippsland Suburbs | Winter Market Insights

South and West Gippsland continues to attract buyers seeking affordability, lifestyle and space within easy reach of Melbourne. From inland communities to the Bass Coast, the region is benefiting from strong demand from tree-changers, retirees and young families.

Market conditions have become more measured as cost-of-living pressures influence buyer behaviour. Average days on market have increased slightly, while higher stock levels in Bass Coast have given buyers more choice. Even so, correctly priced properties continue to attract steady interest.

Capital growth remains impressive across the region. Loch recorded exceptional house price growth of 49.02 per cent to reach a median of $983,500, while Poowong rose 34.5 per cent to $655,000. Coronet Bay also performed strongly, increasing 24.79 per cent to a median house price of $599,000. In the unit market, Newborough surged 41.18 per cent to a median price of $240,000.

Rental returns continue to provide strong income performance. Newborough units lead with a rental yield of 6.13 per cent and a median rent of $265 per week, while Korumburra units return 5.2 per cent. In Bass Coast, North Wonthaggi units deliver a 4.98 per cent yield with a median rent of $448 per week, while South Dudley leads with a 5.04 per cent yield.

Long-term growth is supported by major infrastructure projects, including duplication of the Princes Highway, upgrades to commercial hubs in Warragul and Drouin, and redevelopment of the Cowes town centre on Phillip Island ahead of the MotoGP. Together, these projects continue to strengthen Gippsland’s appeal as a resilient long-term investment destination.

For more updates please see our latest edition of our seasonal Investor Advantage magazine.

Disclaimer: The data in this report has been sourced from Proptrack. Capital Growth statistics are based on sales over the past 12 months from May 2025 to May 2026. We discounted suburbs that had less than 10 sales. Whilst we took every care in preparing this report, Barry Plant Group accepts no responsibility for any errors or omissions. Individuals are directed to rely on their own enquiries when making investment decisions.

The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.