515 Corinella Road, Coronet Bay, VIC 3984 sold on 29 August 2025 | OnTheHouse
SOLD
Sold on 29 Aug 2025 for $385,000

515 Corinella Road
Coronet Bay VIC 3984

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 534m2
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Property Details for 515 Corinella Rd, Coronet Bay

515 Corinella Rd, Coronet Bay is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 534m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 3 bedroom House sold in Coronet Bay in the last 12 months.

Building Type
House
Land Size
534m2

Last Listing description (August 2025)

Offering endless potential in a coastal setting, this 3-bedroom, 1-bathroom cottage presents an exceptional opportunity for renovators, first home buyers, or investors ready to unlock its full potential. With a spacious open-plan kitchen, living area, and a light-filled sunroom, the home offers a solid foundation for your creative vision.

While the property is in need of some TLC, it is brimming with promise – whether you’re looking to restore and revitalise the existing cottage or start fresh and build your dream home (STCA), with the potential to capture water views of the beautiful Western Port Bay.

Set on a generous 534m2 allotment in a prime location, this property is ideally positioned within minutes to local shops, restaurants, fresh produce markets, a winery, and essential services including an ambulance depot and bus stops. With popular tourist attractions nearby and just a short 15-minute drive to San Remo - Phillip Island, you’ll enjoy the best of coastal living with the convenience of an easy commute to Melbourne’s CBD and the South Eastern Suburbs.

This is more than just a property – it’s a blank canvas ready for your ideas to take shape. Don’t miss your chance to secure a piece of Coronet Bay with endless possibilities!

Property History for 515 Corinella Rd, Coronet Bay, VIC 3984

A timeline of how this property has performed in the market
Last Sold
$385,000
29 Aug 2025
  • 12 Aug 2025
    Sold for $385,000
  • 19 Jun 2025
    Listed for Sale $399,000
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About Coronet Bay 3984

The size of Coronet Bay is approximately 5.0 square kilometres. It has 4 parks covering nearly 2.8% of total area. The population of Coronet Bay in 2016 was 791 people. By 2021 the population was 1108 showing a population growth of 40.1% 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 $1400 - $1799 per month on mortgage repayments. In general, people in Coronet Bay work in a trades occupation.In 2021, 77.10% of the homes in Coronet Bay were owner-occupied compared with 71.90% in 2016.

Coronet Bay has 1,307 properties. Over the last 5 years, Houses in Coronet Bay have seen a 32.82% increase in median value. As at 31 October 2025:

  • The median value for Houses in Coronet Bay is $553,560 while the median value for Units is $683,016.
  • Houses have a median rent of $478.
There are currently 29 properties listed for sale, and 1 property listed for rent in Coronet bay on OnTheHouse. According to Cotality's data, 70 properties were sold in the past 12 months in Coronet bay.

Suburb Insights for Coronet Bay 3984

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Stacey Homicki
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Hodges Bentleigh
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.