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 6.97% growth over a ten-year period. It ranks 1970th 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.
APOLLO BAY, 3233 has a capital gain of -10% for the past year, which is lower than average compared to its 8% growth within a five-year period.
With the median home price in APOLLO BAY sitting at $810,000, and the average rent at $540, property owners could potentially earn a 3.47% 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.
A steady increase in median property prices over a five-year period in APOLLO BAY, 3233 translates to a 0% capital gain.
APOLLO BAY, 3233 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $702,000.
Profits due to an upward trend in home prices in APOLLO BAY, 3233 averaged 0% per annum over a 3-year period.
Home owners selling their properties and realtors in APOLLO BAY usually have to wait an average of N/A days before their assets are lifted off the market.
Average weekly rents on listings have reached the $500 mark, reflecting a 3.7% increase in returns based on the current median price in APOLLO BAY.
APOLLO BAY, 3233 places th in Australia based on median property value growth during the quarter.