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 3.25% growth over a ten-year period. It ranks 2514th 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 7.31% for the past year, which is higher than average compared to its 11.51% growth within a five-year period.
With the median home price in APOLLO BAY sitting at $499,000, and the average rent at $350, property owners could potentially earn a 3.65% 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.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $499,000 | $350,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | -7.89% |
| Median 12 month | 7.31% | -15.66% |
| Median 3 years | 25.53% | -4.76% |
| Median 5 years | 11.51% | -15.92% |
| 10 years average annual | 3.25% | 1.92% |
| Weekly media advert. rent | $350 | $260 |
| Time on Market | 139.0 days | 0.0 days |
| Gross Rental Yield Percent | 3.65% | 3.86% |
There is a threshold for the land value...
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