Coronet Bay vs Reedy Flat
Property investment comparison - Coronet Bay, VIC 3984 vs Reedy Flat, VIC 3895
Head-to-head across core investment metrics: Coronet Bay wins 1, Reedy Flat wins 0. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Coronet Bay | Reedy Flat |
|---|---|---|
| Median house price | $590K | $590K |
| Median unit price | $570K | - |
| Gross rental yield (houses) | 4.17% | 2.71% |
| Gross rental yield (units) | 5.38% | - |
| 1-year house growth | +4.7%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 1.3% | - |
| Population | 1,108 | 6 |
Coronet Bay vs Reedy Flat: what the numbers say
Houses cost about the same in both suburbs: the median house price is $590K in Coronet Bay and $590K in Reedy Flat.
On cash flow, Coronet Bay leads: houses there return a gross rental yield of 4.17%, compared with 2.71% in Reedy Flat, a gap of 1.46 percentage points.
Coronet Bay is the bigger suburb, with a population of 1,108 against 6, roughly 185 times the size of Reedy Flat; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Coronet Bay for rental income. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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