There is a growing interest in quantifying Venusian seismic events through their infrasonic signatures detected by balloon-borne sensors at ∼ 55 km altitude. The extreme pressure and temperature at Venus’s surface correspond to supercritical conditions in the planet’s deep atmosphere. Therefore, an appropriate real-gas equation of state (EoS) must be used to study the acoustic properties and thermodynamics in the Venusian lower atmosphere. In previous work, the Peng-Robinson (P-R) EoS was used to obtain the acoustic sound speed and attenuation coefficient in the lower atmosphere of Venus. Here, the P-R EoS is coupled with the fluid dynamics equations in order to derive the acoustic and internal gravity wave (IGW) dispersion equations. Results show that in Venus’s deep atmosphere, the acoustic cut-off frequency corresponds to a period of ∼480 s (0.0020 Hz), and the buoyancy frequency corresponds to a period of ∼600 s (0.0016 Hz). By comparison, the values in Earth’s lower atmosphere are ∼310 and ∼340 s, respectively. These differences in acoustic and IGW propagation characteristics will be useful in later efforts to discriminate between the various waves detected by high-altitude sensors.