Coronet Bay

Coronet Bay has a total population of 1108, with a good mix of age groups ranging from young children to seniors. The suburb has a diverse occupational spread with the top 3 occupations being Technicians and Tradesworkers, Professionals, and Labourers. The median household income weekly is $952, and the median rent weekly is $281. The suburb offers various commuting options, with a significant number of residents choosing to commute by motor vehicle. Coronet Bay presents a potential opportunity for property developers or investors interested in houses. The suburb has shown a strong median growth rate over the past year and relatively high room demand compared to supply. The sale price data indicates a notable sale price IQR ratio signifying a good potential for renovators. Coronet Bay is a family-friendly suburb with a mix of residents across different age groups and occupations. It offers affordable housing options with a median house price below the surrounding suburbs. The suburb shows promising investment potential for those interested in house development or renovation projects. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022