Coronet Bay VIC, 3984
Coronet Bay Real Estate: Suburb Profile
Making a move to Coronet Bay, VIC 3984? It's important to evaluate whether it is worth researching further. The Homes.com.au suburb profile aims to give you a better understanding of Coronet Bay house prices, demographics & market trends so that we can equip you in making the best decision on your future purchase.
If you're considering a move to Coronet Bay, keep reading for a brief history lesson to discover more about the amazing lifestyle and what makes this suburb so great.
Overview Coronet Bay is a suburb in Victoria, Australia, which lies on the eastern shore of Western Port Bay. It is located 114 km south-east of Melbourne via the M1 and the Bass Highway. As per the 2016 population census, 791 residents were living in the town.
Living in Coronet Bay Coronet Bay serves as a holiday destination as it is very popular for recreational fishing. It is a lovely suburb with some of the nicest beaches and facilities for visitors. As far as residential properties in Coronet Bay are concerned, houses are relatively affordable compared to other similar suburbs. Also, Coronet Bay is a great holiday home spot and good for a permanent home. Families often like it with kids and individuals due to its quiet location that is off the main highway. There is a general store and a community hall in the area located on the Fred Gration Reserve. As Coronet Bay is still evolving, there are no big shopping complexes. However, the suburb is evolving from a holiday destination to a mini-boom for permanent residents.
History of Coronet Bay In 1826, a settlement was founded just to the east of the present town from Sydney. The settlement was founded while responding to a concern for French territorial claims. A small group of the military called Fort Dumaresq was established near the present-day site of Rhyll. However, there wasn’t enough fresh water, and that’s why the outpost was moved to Corinella. At that time, Corinella was called Settlement Point. In the late 1970s, the Victoria Archaeological Survey put Corinella under extensive archaeological investigations. It was believed to be an important dig from Victoria’s history and European settlement point of view.
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