2. VIC
  3. South Gippsland

Venus Bay VIC 3956

Houses Units

Here you can find what you need to know about Venus Bay, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$575K Median Sale Price (National Average $485k) 555th In VIC
-15.44% Median Sale Price Change (1yr) (National Average 4.30%) 2760th In VIC
$395pw Median Rent (National Average $395) 579th In VIC
3.6% Median Gross Yield (National Average 4.24%) 285th In VIC
Properties sold 56
Average discounting -8.85%
Average Days on Market 162
Stock on Market 145 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
Upgrade to Premium to view Investment Strategy Scores for every available property and suburb in Australia
Upgrade to Premium to view pros & cons and Investment Strategy Scores for every available property and suburb in Australia
How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Venus Bay, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Venus Bay, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Venus Bay, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Venus Bay


Loading

State Auction Clearance Rates


Loading

Local Schools


Loading

Suburb Information

Venus Bay, VIC 3956

Part of: South Gippsland Council No data available

The size of Venus Bay is approximately 17 square kilometres. It has 1 park covering nearly 36.8% of total area. The population of Venus Bay in 2011 was 589 people. By 2016 the population was 932 showing a population growth of 58.2% in the area during that time. The predominant age group in Venus Bay is 60-69 years. Households in Venus Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Venus Bay work in a trades occupation. In 2011, 73.8% of the homes in Venus Bay were owner-occupied compared with 75.3% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Venus Bay

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Venus Bay   for Houses in last 12 months


There have been 56 Houses sold in Venus Bay in the past 12 months with a median sale price of $575K, down 15.4% annually. It takes on average 142 days to sell with vendor discounting of -8.9%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Vermont VIC, 3133 2.22% $1,242,000 $590pw 2.5% View Suburb Profile
Paradise Beach VIC, 3851 -13.51% $320,000 Unavailable Unavailable View Suburb Profile
Cape Paterson VIC, 3995 6.41% $830,000 $470pw 2.9% View Suburb Profile
Venus Bay SA, 5607 Unavailable Unavailable Unavailable Unavailable View Suburb Profile
Coburg VIC, 3058 5.06% $1,224,000 $695pw 3.0% View Suburb Profile
Inverloch VIC, 3996 -6.84% $885,000 $495pw 2.9% View Suburb Profile

Currency

Version 2 of these Property Value Terms of Use are current as and from 16 June 2022.
© 2022 RP Data Pty Ltd trading as CoreLogic Asia Pacific. All rights reserved.

Disclaimers

This publication reproduces materials and content owned or licenced by RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic) and may include data, statistics, estimates, indices, photographs, maps, tools, calculators (including their outputs), commentary, reports and other information (CoreLogic Data).
© Copyright 2024. CoreLogic and its licensors are the sole and exclusive owners of all rights, title and interest (including intellectual property rights) the CoreLogic Data contained in this publication. All rights reserved.

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

The State of Victoria owns the copyright in the Property Sales Data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the Property Sales Data and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

Product Data licenced by CoreLogic under a Creative Commons Attribution licence. For details regarding licence, data source, copyright and disclaimers, see https://www.corelogic.com.au/legals/third-party-restrictions

This publication contains data and statistics provided by the Australian Bureau of Statistics, available at http://www.abs.gov.au/ and reproduced under Creative Commons Attribution 2.5 http://creativecommons.org/licenses/by/2.5/au/legalcode