Suburb Profile Report for Apollo Bay VIC (3233)

Apollo Bay House: Median price $489,000, Annual capital growth 3.75%, Number of sales 54, Weekly median advertised rent $250

Apollo Bay Unit: Median price $392,000, Annual capital growth 1.86%, Number of sales 14, 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 11.14%

Taking the average capital gain, or increase in median house value, Apollo Bay,3233 has racked up an average of 11.14% over the period. This ranks it number 2244th in the whole country for real estate investors looking at median house price increases.

Our latest figures would indicate that property sellers in Apollo Bay are currently offering property investors an average price cut of -8.24% below the asking price at the moment.

Often selling an investment property can take time, and in Apollo Bay the average time real estate has been on the market is 177.06 days.

Apollo Bay, 3233’s gross rental yield is 2.66%

Apollo Bay has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -2.18% to date .

A 5.95% growth in median value for property investors in Apollo Bay,3233 puts this suburb at number 333th in terms of best performing suburbs in VIC

Apollo Bay, 3233’s gross rental yield is 3.45%

HOUSE UNIT
$489,000 $392,000
1.88% -5.54%
11.14% -2.18%
3.75% 1.86%
$250 $260
54 14
2.66% 3.45%
177.06 N/A

Source: CoreLogic

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