Coronet Bay, VIC 3984 is a small suburb with a population of 1,108 residents. The age distribution is fairly balanced, with a significant number of residents falling in the age groups of 5 to 19 years and 45 to 64 years. The suburb has a variety of occupations represented, with a notable presence of professionals, technicians and tradeworkers, and clerical and administrative workers. The median household income is $952 per week, and the median rent is $281 per week. The suburb offers opportunities for residents to work from home, with a commute time of 54 residents who choose to do so. Coronet Bay presents a promising opportunity for property investors interested in houses. With a median sale price below $600k and a median growth rate of 17.0%, there is potential for good returns on investment. The suburb has a low vacancy rate of 0.4% and a high demand for renting out rooms, indicating strong rental market conditions. The sale price IQR ratio suggests the presence of renovator opportunities. Additionally, the suburb shows a solid market absorption rate, hinting at potential future price appreciation. Coronet Bay, VIC 3984 offers a peaceful coastal lifestyle for its residents, with a close-knit community feel. The suburb provides good investment prospects for those looking to enter the property market, particularly in the housing segment. With attractive growth rates, low vacancy rates, and a strong rental demand, Coronet Bay presents a compelling opportunity for both homeowners and property investors. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022