FOR SALE
$367,500

Westaway Street
Coronet Bay VIC 3984

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 480m2
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Nominee Opportunity - Approx 200 Metres to the beach

Situated in the Sold-out Stage 5, this allotment has become available at contract price so don't delay as similar blocks are selling for much more.
- A northern oriented block approximately just 200 metres to the local beach. This is a symmetrical allotment with a 16 metre frontage!
- Titles due approximately January 2023 so start your year off in style!
- Situated in the wonderful Western Port Bay region within close proximity to Phillip Island.
- Also just over an hour to the Melbourne CBD, close to local vineyards, cafes and restaurants and with the local convenience store just a few hundred metres way.
- Take advantage of a wonderful sea change opportunity or build a great holiday home where you'll benefit from copious amounts of tourist activity.
- The stage is sold out so this is your chance to benefit right here!
Within walking distance to the Coronet Bay Recreation Reserve and BMX Track. Boating enthusiasts will love the fact that the boat ramp and Coronet Bay Foreshore Reserve are close by.
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Property Details for Westaway St, Coronet Bay

Building Type
Land
Land Size
480m2

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About Coronet Bay 3984

The size of Coronet Bay is approximately 5 square kilometres. It has 4 parks covering nearly 2.8% of total area. The population of Coronet Bay in 2011 was 709 people. By 2016 the population was 792 showing a population growth of 11.7% in the area during that time. The predominant age group in Coronet Bay is 60-69 years. Households in Coronet Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Coronet Bay work in a labourer occupation. In 2011, 68.2% of the homes in Coronet Bay were owner-occupied compared with 71.9% in 2016.

Coronet Bay has 1,285 properties. Over the last 5 years, Houses in Coronet Bay have seen a 42.43% increase in median value. As at 30 September 2024:

  • The median value for Houses in Coronet Bay is $520,339 while the median value for Units is $489,631.
  • Houses have a median rent of $425.
There are currently 31 properties listed for sale, and 1 property listed for rent in Coronet bay on OnTheHouse. According to CoreLogic's data, 46 properties were sold in the past 12 months in Coronet bay.

Suburb Insights for Coronet Bay 3984

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Steve Harrison
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OBrien Real Estate Narre Warren
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.