Thinking about buying in Coronet Bay? Now could not be a better time, with 1337 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $581,000 with prices in this suburb ranging from $124,000 to $1,480,000. Coronet Bay is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Coronet Bay Real Estate Market Outlook

In Coronet Bay there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Coronet Bay due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Coronet Bay changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. High density population in Coronet Bay requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Coronet Bay we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Coronet Bay a better buying opportunity than it may have been in the past.

Houses for sale Coronet Bay

	23 greenwich gra, coronet bay, vic, 3984	4	2	2	$630,000 - $690,000
	330 agar rd, coronet bay, vic, 3984	5	3	2	$900,000
	18 ensign st, coronet bay, vic, 3984	4	2	2	$650,000 - $715,000
	3 greenwich gra, coronet bay, vic, 3984	3	1	0	$450,000
	16 ensign st, coronet bay, vic, 3984	3	2	0	$600,000 - $660,000
	13 bowline ct, coronet bay, vic, 3984	4	2	0	$695,000 - $740,000
	28 semaphore st, coronet bay, vic, 3984	4	2	2	$750,000 - $825,000
	24 lorna doone dr, coronet bay, vic, 3984	2	1	0	$395,000 - $405,000
	3 marline ct, coronet bay, vic, 3984	0	0	0	$289,000 - $299,000
	69 cutty sark rd, coronet bay, vic, 3984	4	3	4	$2,400,000 - $2,600,000
	31 colonnades cct, coronet bay, vic, 3984	4	2	2	$1,220,000 to $1,260,000
	25 kowloon cr, coronet bay, vic, 3984	4	2	2	$2,000,000 - $2,200,000

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