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Bass Coast Shire
Coronet Bay

Coronet Bay Property Market
& Suburb Profile

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MEDIAN PRICES IN CORONET BAY

Median house price

(all agencies, last 12 months)$583k*

House price change

(all agencies, last 12 months)+14.22%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

CORONET BAY PRICE TRACKER

Houses

CORONET BAY SALES OVERVIEW

  • Sold by Private Sale or Other Method 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)109

Average held period in Coronet Bay

(proptrack)5 years

CORONET BAY INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$478pw

House rental price change

(all agencies, last 12 months)0.04%

Median rental price for Units

(all agencies, last 12 months)$456pw

Unit rental price change

(all agencies, last 12 months)0.04%

Average rental yield for Houses

(all agencies, last 12 months)4.45%

Average rental yield for Units

(all agencies, last 12 months)4.6%

Coronet Bay total population size

(as at the last census)1,108

Median household size in Coronet Bay

(as at the last census)2

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

CORONET BAY PROPERTY TYPES

  • Houses 66%
  • Other 34%

OCCUPANCY IN CORONET BAY

  • Owned 77%
  • Rented 21%
  • Other/Not Stated 2%
  • Singles 38%
  • Families 60%
  • Other 2%

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ABOUT CORONET BAY

Nestled along the serene eastern shoreline of Western Port Bay, Coronet Bay is a hidden coastal gem within the Bass Coast Shire that perfectly balances a nostalgic seaside atmosphere with modern accessibility.

Located approximately 80 minutes from the Melbourne CBD, this tranquil village is defined by its safe, sandy swimming beach and gentle tides, making it an idyllic sanctuary for families, retirees, and those seeking a permanent escape from the pace of city life. The town offers a genuine community feel, where a local general store serves as a social hub and the surrounding landscape is a picturesque blend of rolling farmland and protected coastal reserves.

The lifestyle here is centered around the water and the great outdoors, with the bay providing a calm playground for fishing, kayaking, and coastal walks. One of the area’s most cherished features is the scenic trail connecting Coronet Bay to neighboring Corinella, winding through ancient she-oaks and banksia forests while offering sweeping views across the water to French Island and the Mornington Peninsula. While the town maintains its peaceful, "off the beaten track" character, residents enjoy being within a short 20-minute drive of major regional hubs like San Remo and Wonthaggi, as well as the world-renowned attractions of Phillip Island.

For the savvy property seeker, Coronet Bay represents an evolving market where classic beach houses sit alongside contemporary new builds and spacious allotments. Whether it is the lure of catching whiting for dinner, the sight of a sunset over the bay, or the simple joy of a dog-friendly beach where the kids can play safely, this charming pocket of the Bass Coast offers a rare opportunity to secure a quality of life that feels both timeless and exceptionally well-connected.

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SALES COMPARISON

Find out how Coronet Bay median sales prices compare to neighbouring suburbs.

CORONET BAY MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
202660$291,25014.21%20$467pw4.53%
202567$285,0009.62%20$464pw4.54%
202445$260,000-10.34%37$442pw4.22%
202340$290,000-9.37%19$421pw3.92%
202253$605,00022.49%27$406pw3.74%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
202660$291,250+14.21%
202567$285,000+9.62%
202445$260,000-10.34%
202340$290,000-9.37%
202253$605,000+22.49%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
202620$467pw4.53%
202520$464pw4.54%
202437$442pw4.22%
202319$421pw3.92%
202227$406pw3.74%

BROWSE MORE SUBURBS

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*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 (Cth).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.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 28 February 2025 to 28 February 2026, last updated 28 February 2026.