Suburb Profile Report for Apollo Bay VIC (3233)

Apollo Bay House: Median price $615,000, Annual capital growth 3.56%, Number of sales 45, Weekly median advertised rent $425

Apollo Bay Unit: Median price $570,000, Annual capital growth 6.90%, Number of sales 13, Weekly median advertised rent N/A

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

At number 1184th in the list of Australian suburbs ordered by increase in median house value over the last year, Apollo Bay, 3233 is in the top 30% with a property value increase of 4.41% recorded in median house prices.

Apollo Bay,3233 was ranked 2257 in Australia by increase in median property value over the quarter.

Our latest figures would indicate that property sellers in Apollo Bay are currently offering property investors an average price cut of -6.36% below the asking price at the moment.

The VIC suburb of Apollo Bay, 3233 is in the Colac-Otway (S) local government area.

Investment property in Apollo Bay has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 80.95%

The five-year average increase in median property values for Apollo Bay,3233 has given property investors a potential capital gain of 83.87% across each of those five years.

Metrics i HOUSE UNIT
$615,000 $570,000
0.41% 6.54%
4.41% 80.95%
3.56% 6.90%
$425 N/A
45 13
3.59% N/A
104.379310344828 N/A

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (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