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Apollo Bay
AREA REPORTS

Apollo Bay

Apollo Bay - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3233

house
unit

Based on its average 5-year and quarterly capital gains APOLLO BAY, 3233 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that APOLLO BAY, 3233 obtained a 5.39% growth over a ten-year period. It ranks 1557th on our list of suburbs that property investors should look into.

APOLLO BAY, 3233 in VIC belongs to the local government area of Colac-Otway (S).

APOLLO BAY, 3233 has a capital gain of 20% for the past year, which is higher than average compared to its 64.84% growth within a five-year period.

With the median home price in APOLLO BAY sitting at $750,000, and the average rent at $400, property owners could potentially earn a 2.77% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in APOLLO BAY are low, as opposed to average gains per annum over the past five years.

Data report can be found below

Apollo Bay
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $750,000 $520,000
GROWTH REPORT
Median Quarterly 6.76% 2.97%
Median 12 month 20% -5.45%
Median 3 years 35.14% 8.79%
Median 5 years 64.84% 29.6%
10 years average annual 5.39% 6.73%
Weekly media advert. rent $400 $375
Time on Market 111.6 days 0.0 days
Gross Rental Yield Percent 2.77% 3.75%
demographics (median values)*
Total Population
2030
Weekly Household Income
933
Household Size
2.00
Age
52
Monthly Loan Repayment
1365
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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