Apollo Bay has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of 7.31% to date .
Apollo Bay,3233 has offered an average of 7.31% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Apollo Bay should be aiming for at least -4.99% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 68 properties changed hands in Apollo Bay, which puts it as the 372th most active market in VIC when comparing the number of sales per suburb.
With a capital gain of -15.66% for the last 12 months, Apollo Bay, 3233 has performed for property investments than its average annual 1.92% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Apollo Bay comes in at number 341th in VIC.
With the median price for a house in Apollo Bay being $350000 and the advertised rent reaching $260 the gross rental yield for property investors calculates out to be 3.86%