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