Suburb Profile Report for Apollo Bay VIC (3233)

Apollo Bay House: Median price $477,500, Annual capital growth 2.55%, Number of sales 50, Weekly median advertised rent $250

Apollo Bay Unit: Median price $407,000, Annual capital growth 1.97%, Number of sales 12, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report
  • Unit Report

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.

HOUSE UNIT
$477,500 $407,000
4.37% -1.33%
6.11% 7.96%
2.55% 1.97%
$250 $260
50 12
2.72% 3.32%
168.09 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (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