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South Gippsland Shire

Pioneer Bay

Pioneer Bay Property Market
& Suburb Profile

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MEDIAN PRICES IN PIONEER BAY

Median house price

(all agencies, last 12 months)$491k*

House price change

(all agencies, last 12 months)-13.1%

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

PIONEER BAY price TRACKER

Houses

Pioneer Bay Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$460pw

House rental price change

(all agencies, last 12 months)0.01%

Average rental yield for Houses

(all agencies, last 12 months)4.36%

Pioneer Bay total population size

(as at the last census)365

Median household size in Pioneer 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)

Pioneer Bay property types

  • Houses 67%
  • Other 33%

OCCUPANCY in Pioneer Bay

  • Owned 74%
  • Rented 19%
  • Other/Not Stated 7%
  • Singles 42%
  • Families 53%
  • Other 3%

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About Pioneer Bay

Pioneer Bay, located in Victoria’s beautiful South Gippsland region, offers a serene coastal lifestyle ideal for families, retirees, and nature enthusiasts. This charming suburb is known for its tranquil surroundings, friendly community, and proximity to the bay.

Community and Lifestyle

Pioneer Bay boasts a close-knit and welcoming community. Residents enjoy a relaxed coastal lifestyle with local events and activities fostering a strong sense of belonging. The suburb's natural beauty and peaceful environment create an ideal setting for a laid-back way of life.

Housing and Real Estate

The real estate market in Pioneer Bay features a mix of cozy cottages, modern family homes, and holiday properties. The area’s affordability and coastal charm attract a diverse range of buyers, including those looking for a holiday retreat or a permanent sea change.

Education and Amenities

While Pioneer Bay maintains its serene coastal charm, essential amenities are accessible in nearby towns like Grantville and Wonthaggi. These towns provide shopping centres, healthcare facilities, and schools, ensuring residents have access to necessary services while enjoying the tranquility of coastal living.

Recreation and Leisure

Outdoor enthusiasts will find plenty to do in Pioneer Bay. The area offers excellent opportunities for fishing, boating, and exploring nature. The nearby Western Port Bay provides beautiful spots for swimming, picnicking, and enjoying stunning coastal views. Local parks and walking trails add to the suburb's appeal for nature lovers.

Transport and Accessibility

Pioneer Bay is accessible by road, located approximately a 90-minute drive from Melbourne. While public transport options are limited, having a private vehicle is advantageous for commuting and exploring the picturesque South Gippsland region.

Demographics and Growth

Pioneer Bay’s small but growing population values the peace and beauty of coastal living. The suburb’s appeal is increasing as more people seek the tranquility of the seaside while remaining within reach of urban amenities.

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Sales Comparison

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

Pioneer Bay MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
202512$491,000-13.10%7$460pw4.36%
202417$544,000-1.81%6$467pw4.35%
20238$554,00012.77%13$448pw4.01%
202216$491,25038.76%8$427pw3.71%
20218$354,000-0.27%7$402pw3.40%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
202512$491,000-13.10%
202417$544,000-1.81%
20238$554,000+12.77%
202216$491,250+38.76%
20218$354,000-0.27%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20257$460pw4.36%
20246$467pw4.35%
202313$448pw4.01%
20228$427pw3.71%
20217$402pw3.40%

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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 31 October 2024 to 31 October 2025, last updated 31 October 2025.