Over the last year, property investments in Apollo Bay, 3233 have given investors a capital gain of 6.11%. This compares badly with the 7.80% for VIC as a whole.
A 4.37% growth in median value for property investors in Apollo Bay,3233 puts this suburb at number 114th in terms of best performing suburbs in VIC
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Apollo Bay, 3233. Typically our figures indicate that -8.87% is being offered, which puts this VIC suburb at 555th most discounted overall in Australia.
Advertised rents are around the $250 mark per week – giving a return of 2.72% based on the median price in Suburb
Property value increases in Apollo Bay have tracked just higher than the VIC average of 3.63% over the last 12 months.
While Apollo Bay,3233 ranked number 257th in VIC for increase in median house value (annualised) increase, it is ranked 202th over the last 5 years.
Situated 154.05km from the CBD, Apollo Bay is one of Colac-Otway localities in the postcode 3233.