Coongulla
Suburb profile, market snapshot and recent listings for Coongulla, VIC 3860.
About Coongulla
Welcome to Coongulla
Coongulla sits on the shores of Lake Glenmaggie in Victoria's Gippsland region, well over two hours east of Melbourne's CBD. It's a small, quiet settlement built around lake life rather than commuting, and it shows in the numbers: a population of just 229 and a median age of 61 tell you plainly that this is a place favoured by retirees, weekenders and those after a slower pace rather than growing families chasing city jobs.
Bordered by Glenmaggie, Tinamba West and Maffra West Upper, Coongulla is more a lakeside community than a conventional suburb. It suits people who want water on their doorstep, space between neighbours, and no particular urgency to be anywhere else.
Lifestyle & recreation
Life in Coongulla revolves almost entirely around Lake Glenmaggie, a popular spot for boating, water-skiing, fishing and camping that draws visitors from across Gippsland and beyond. The local caravan park and boat ramp are the social hubs of the area, and weekends often bring a steady trickle of day-trippers and holidaymakers to supplement the small permanent population.
Beyond the lake itself, the surrounding countryside offers walking tracks, birdwatching and the kind of open rural scenery that's increasingly hard to find within a couple of hours of Melbourne. There's little in the way of formal entertainment precincts here, and that's rather the point — Coongulla is a destination for people who make their own fun on the water or around a campfire.
Getting around
Coongulla is a car-dependent community, with no train line running through it. The nearest services and connections are found in the larger Gippsland towns of Maffra and Heyfield, both a short drive away, while Traralgon and the Princes Freeway provide the main link back towards Melbourne. Locals and visitors alike rely on their own vehicles, and boat trailers are as common a sight on the roads here as anything else.
Shopping & everyday needs
With such a small resident population, Coongulla itself has minimal retail of its own, and residents typically head to Maffra or Heyfield for supermarkets, banks, medical services and the fuller range of everyday shopping. Both towns are within easy reach and offer the kind of solid country-town amenity that supports the surrounding lake communities, including Glenmaggie and Tinamba West.
Housing & architecture
Housing in Coongulla is overwhelmingly detached and low-key, with current listings running 96% houses and just 4% vacant land. Expect a mix of older weekenders, renovated lake shacks and more substantial permanent homes, many designed to make the most of water views or easy access to the lake foreshore. There's little in the way of high-density or unit development — this is a suburb of standalone blocks, often generously sized.
The property market
Coongulla's median house price currently sits at $470,000, with recent growth flat at 0.0%. That stability reflects the suburb's niche appeal: it's not a market driven by rapid turnover or speculative buying, but by a steady, small pool of buyers after a lake lifestyle or an investment in a well-loved holiday spot. With population and buyer demand naturally limited by the suburb's size and location, price movements tend to be gradual rather than dramatic, and land opportunities remain scarce given the tightly held nature of blocks around the lake.
Market snapshot
Coongulla property market
Median sale price
$470k
House · 3 bed
Median rent
—
per week
Gross rental yield
—
annual rent ÷ sale price
Typical price range
Entry
$362k
Median
$470k
Premium
$678k
Days on market
—
Auction clearance
0%
Sold this year
10
Median sold price trend · House 3 bed
Property types on market
Share of current listings in Coongulla by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Coongulla, VIC 3860.
Population
229
residents (2021)
Median age
61
years
Household income
$1,057
median, per week
Median rent
$210
per week
Median mortgage
$1,100
per month
Mortgage / income
24%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Recent results
Recently sold in Coongulla
$430k
270 Ryans Road
Sold ~July 2026
$720k
31 Hodges Road
Sold ~July 2026
$490k
19 Macalister Drive
Sold ~June 2026
$2.50m
53 Ryans Road
Sold ~June 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Coongulla
Compare the area
Price map around Coongulla
Every listing for sale near Coongulla, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Nearby suburbs
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Common questions
Coongulla suburb FAQ
What is the median property price in Coongulla?
The median house price in Coongulla, VIC is $470k for a 3-bedroom home.
Is Coongulla a good place to live?
Coongulla is a town in Victoria, Australia, located on Ryans Road, on the shores of Lake Glenmaggie in the Shire of Wellington. Coongulla is an established residential suburb in VIC, with a population of around 229.
What is the population of Coongulla?
Coongulla has a population of 229 (ABS 2021 Census), with a median age of 61.
How much do you need to buy in Coongulla?
Entry-level properties in Coongulla start around $362k, while premium homes reach $678k.
What suburbs are near Coongulla?
Suburbs near Coongulla include Glenmaggie, Tinamba West and Maffra West Upper.
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