Venus Bay is in South Gippsland LGA, VIC, postcode 3956, with population 904.
Price, rent, or affordability signals are lining up without a clear local red flag, and the broader demand backdrop is at least supportive. Treat this as a suburb worth comparing seriously, then stress-test it in the calculator before making a conviction call.
Gross yield screens at about 9.5%. Entry price sits in the lower-cost range for a first-pass screen.
Small local population makes the signal set more fragile.
Indicative cashflow is interest-only and excludes tax — use the calculator for a full projection.
Owners with a mortgage repay a median of $1,083/mo, while renters pay about $1,876/mo — renting runs $793/mo higher on these medians.
LGA-level official projection (Victoria in Future 2023, DTP). Indicative of the wider council area, not a suburb-level forecast.
Venus Bay (postcode 3956) is a close-knit residential community in Victoria within the South Gippsland local government area. It is home to about 904 residents, with an older demographic and a median age of 58. Households earn a median income of $48K per year, with an average household size of 1.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.6% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, technicians & trades, managers. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Irish.
Venus Bay has a median house price of $237,000, holding roughly steady year-on-year. The current median weekly rent is $433. This gives a gross rental yield of approximately 9.5%. The median monthly mortgage repayment is $1,083.
The crime rate in the South Gippsland LGA is higher than average at 8,421 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 9.5%, which reads as high yield. Property prices sit below the state median ($237K/$875K), which can point to relative value. The price-to-income ratio of 4.9x is considered affordable. House prices have moved +0.0% year-on-year. Population growth of +0.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
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There is enough direct local evidence on Venus Bay for a first-pass decision.
QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.
DataVic-discovered annual suburb price workbooks parsed into suburb prices. Quarterly VIC resources are discovered and cached, but not yet used as current-price anchors.
Use current rent as a starting signal, not as a fixed underwriting truth.
Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.
Venus Bay is in the South Gippsland Local Government Area, VIC, postcode 3956. Council-level context for South Gippsland LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.
The current median house price in Venus Bay, VIC is $237K, based on the latest available sales data from state Valuers General offices and ABS Data by Region.
The median weekly rent in Venus Bay is $433/wk, based on the current market rent dataset. The current rent signal is rent-led investor candidate.
Rent-led investor candidate: Gross rent yield screens at about 9.5%. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.
QuickProperty's investment signals for Venus Bay show: High Yield, Below Median, Affordable. These are computed from price, rent, income, and population data — not an opaque score.
Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.
Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.