Suburb Profile Report for Apollo Bay VIC (3233)

Apollo Bay House: Median price $486,000, Annual capital growth 3.52%, Number of sales 47, Weekly median advertised rent $205

Apollo Bay Unit: Median price $420,000, Annual capital growth 3.67%, Number of sales 11, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Apollo Bay has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.00%

Taking the average capital gain, or increase in median house value, Apollo Bay,3233 has racked up an average of 8.00% over the period. This ranks it number 2486th in the whole country for real estate investors looking at median house price increases.

The most recent median price for Apollo Bay is $486000, with sellers offering an average of -8.35% off the asking price.

Property investors should expect to get $205 weekly from the median priced house in this suburb.

Apollo Bay is in the TOP 20% in VIC when comparing median price capital growth over the last year. Apollo Bay gave property investors a very good capital gain figure when compared to the rest of the state, with 11.41%.

Over the longer term, Apollo Bay has seen property prices show investors a 27.27% return over the last 3 years. This is worse than over the last 12 months

Advertised rents are around the $260 mark per week – giving a return of 3.22% based on the median price in Suburb

HOUSE UNIT
$486,000 $420,000
2.32% 1.82%
8.00% 11.41%
3.52% 3.67%
$205 $260
47 11
2.19% 3.22%
166.3 N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Balanced (U)
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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
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