All About Apollo Bay, Colac Otway, VIC, 3233
Apollo Bay, located in the picturesque Colac Otway region of Victoria, Australia, is known for its stunning natural beauty and serene coastal lifestyle. The housing market in this charming seaside town reflects its status as a desirable destination for both permanent residents and holidaymakers. In recent years, Apollo Bay has seen a steady demand for properties, driven by its scenic ocean views, lush green hills, and close proximity to the Great Ocean Road. Housing options range from cozy beachside cottages and modern family homes to luxury properties that boast panoramic views of the Southern Ocean. The market generally experiences fluctuations typical of coastal towns, with heightened interest during summer months as tourists and potential buyers flock to the area, often leading to competitive pricing and bidding for available properties.
Living in Apollo Bay offers residents a unique blend of tranquility and a connected community lifestyle. The town is home to an array of amenities, including local cafes, boutique stores, and essential services that cater to both locals and visitors. The community is known for its welcoming and laid-back atmosphere, making it ideal for those seeking a peaceful escape from the hustle and bustle of city life. Residents enjoy an abundance of outdoor activities, such as hiking in the nearby Great Otway National Park, surfing, fishing, and exploring the pristine beaches. Despite its small-town charm, Apollo Bay is well-serviced with schools and medical facilities, providing a convenient and fulfilling living experience. Whether you're looking to settle down or seeking a holiday retreat, Apollo Bay offers a unique and rejuvenating lifestyle amidst some of Victoria's most breathtaking landscapes.
Household Makeup
| Median Weekly Rent | $305.50 |
| Median Monthly Mortgage | $1653.50 |
| Median Persons Per bed houseroom | 0.70 |
| Average Household Size | 2.00 |
| Average Age | 53.50 |
| Average Income | $692.50 |
| Average Cars Per Dwelling | 1.60 |
| Average Properties Within 50M | 13 |
| Typical 1 bed house | $920,000 |
| Typical 2 bed house | $836,000 |
| Typical 3 bed house | $1,073,000 |
| Typical 4 bed house | $1,372,000 |
| Typical 5 bed house | $1,376,000 |
| Typical 6 bed+ house | $2,256,000 |
Housing Stock
Local Internet Speeds
Download 25 Mbps / Upload 5 Mbps
Apollo Bay Real Estate Market Outlook
Thinking about buying in Apollo Bay? Now could not be a better time, with 3184 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $997,000 with prices in this suburb ranging from $196,000 to $15,581,000. Apollo Bay is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Low average incomes in Apollo Bay is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Apollo Bay changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Apollo Bay necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Apollo Bay we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Apollo Bay a better buying opportunity than it may have been in the past.
Instant Property ValuationHouses for sale Apollo Bay
|
276 Apollo Bay Road, Apollo Bay, TAS, 7150 |  3 |
 1 |
 1 |
Offers Over $795,000 |
Local Schools
Apollo Bay P-12 College
(While the above schools are located with the suburb of Apollo Bay there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Apollo Bay weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.1 | 13.2 | 22.3 | 46.9 | 83.7 | 4.8 | 22.5 |
| Feb | 1.0 | 13.1 | 21.3 | 50.6 | 84.7 | 4.4 | 18.2 |
| Mar | 1.5 | 12.2 | 20.1 | 53.4 | 85.5 | 4.1 | 13.1 |
| Apr | 1.1 | 10.4 | 17.6 | 54.4 | 85.8 | 4.0 | 9.0 |
| May | 1.3 | 8.5 | 15 | 58.8 | 86.7 | 4.0 | 6.0 |
| Jun | 1.8 | 7.2 | 13.2 | 64.8 | 88.3 | 3.6 | 4.9 |
| Jul | 1.3 | 6.3 | 12.6 | 60.9 | 86.4 | 4.2 | 6.1 |
| Aug | 1.8 | 6.1 | 13.2 | 59.5 | 86.2 | 4 | 8.7 |
| Sept | 1.2 | 7.6 | 15.1 | 53 | 84.5 | 4.7 | 12.7 |
| Oct | 1.2 | 8.8 | 17.2 | 51.4 | 84.5 | 4.8 | 17.6 |
| Nov | 1.4 | 10.2 | 18.4 | 51.2 | 86.3 | 4.6 | 19.9 |
| Dec | 1.6 | 12 | 20.4 | 50.0 | 84.0 | 4.8 | 22.8 |
source: Australian Government Bureau of Meteorology
Public Transport
Peppermint Bay Cruises - Greater then 10KM
MONA ferry - Greater then 10KM
Hobart City (Brooke St) Ferry Terminal - Greater then 10KM
Bellerive Village Ferry Terminal - Greater then 10KM
Bruny Island Ferry - Kettering - Greater then 10KM
Roberts Point Ferry Terminal - Greater then 10KM
Tasmanian Transport Museum - Greater then 10KM
Hobart Cruise Ship Terminal - Greater then 10KM
Nearby Suburbs
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!