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%