Suburb Profile Report for Apollo Bay VIC (3233)

Apollo Bay House: Median price $499,000, Annual capital growth 3.32%, Number of sales 56, Weekly median advertised rent $283

Apollo Bay Unit: Median price $350,000, Annual capital growth -1.64%, Number of sales 14, Weekly median advertised rent $260

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a stable capital gain of 10.89% for the last year, Apollo Bay, 3233 is the 1143th highest performer in Australia in this respect.

If we look at median property appreciation over just the last three months, Apollo Bay has given property investors a paper return of 4.50%. This puts Suburb as 188 on a list of fastest fasting appreciating suburbs in VIC

At number 323th of VIC’s most discounted properties, Apollo Bay is in the middle of the state/territory when listing in order of most discounted to least.

At number 3516 in a list of fastest selling suburbs, Apollo Bay is in the bottom 10% of suburbs in Australia with an average of days on market 141.7 for properties listed there.

Renters in Suburb are facing rents around $3390 per annum or $282.5 every week.

If you compare the increase in value of investment property in Apollo Bay, 3233 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -14.63%.

Across a shorter period, Apollo Bay, 3233 has seen a median price increase of -12.28% over the last quarter.

On average over the past year, suburb has had 1.17 sales per month, which equates to 14 per year.

Using the current median advertised rental of $260 and the average annual increase in value of a median property of -1.64%, investors should hope to achieve an overall return of 3.86%

Metrics i HOUSE UNIT
$499,000 $350,000
4.50% -12.28%
10.89% -14.63%
3.32% -1.64%
$283 $260
56 14
2.94% 3.86%
141.7 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Below average (H)
Find a mortgage broker in Apollo Bay VIC
Demographics
Total population 1094
Median household income ($/weekly) 812
Median age of persons 47
Median housing loan repayment ($/monthly) 1300
Average household size 2
  • Census Count Percent(%)
    25-34 years 120 11.0
    35-44 years 127 11.6
    45-54 years 161 14.7
    55-64 years 190 17.4
    65-74 years 125 11.4
    Others 371 33.9
    Age Group
    Census Count Percent(%)
    Not Married 319 43.5
    Registered Married 315 42.9
    Defacto Relationship 100 13.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 860 85.2
    Papua New Guinea 13 1.3
    Philippines 7 0.7
    United Kingdom 68 6.7
    Other 19 1.9
    Others 42 4.2
    Country of Birth
    Census Count Percent(%)
    Christianity 596 63.1
    No Religion 326 34.5
    Buddhism 11 1.2
    Other Religious Groups 11 1.2
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 47 12.1
    $400-$599 72 18.5
    $600-$799 49 12.6
    $800-$999 48 12.3
    $1,000-$1,249 41 10.5
    Others 133 34.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 334 39.5
    Employed, worked full-time 246 29.1
    Employed, worked part-time 192 22.7
    Employed, away from work 54 6.4
    Unemployed, looking for work 20 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 92 18.6
    Professionals 79 16.0
    Technicians & trades workers 68 13.8
    Sales 52 10.5
    Labourers 90 18.2
    Others 113 22.9
    Occupation
    Census Count Percent(%)
    Pre-school 15 9.8
    Infants/Primary 51 33.3
    Secondary 49 32.0
    Technical or Further Educational Institution 23 15.0
    University or other Tertiary Institutions 9 5.9
    Others 6 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 538 61.6
    Semi-detached, row or terrace house, townhouse 229 26.2
    Flat, unit or apartment 81 9.3
    House or flat attached to a shop, office 20 2.3
    Caravan, cabin, houseboat 5 0.6
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 171 41.3
    Fully owned 155 37.4
    Being purchased 88 21.3
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals