Suburb Profile Report for Apollo Bay VIC (3233)

Apollo Bay House: Median price $499,000, Annual capital growth 3.25%, Number of sales 68, Weekly median advertised rent $350

Apollo Bay Unit: Median price $350,000, Annual capital growth 1.92%, Number of sales 18, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report
  • Unit Report

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%

Metrics i HOUSE UNIT
$499,000 $350,000
0.00% -7.89%
7.31% -15.66%
3.25% 1.92%
$350 $260
68 18
3.65% 3.86%
139.06 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Below average (H)
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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
Chart Table
Recent sales & rentals