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
Median Weekly Rent | $305.50 |
Median Monthly Mortgage | $1653.50 |
Median Persons Per Bedroom | 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 |
1 Bed  $920,000 |
2 Bed  $836,000 |
3 Bed  $1,073,000 |
4 Bed  $1,372,000 |
5 Bed  $1,376,000 |
6 Bed+$2,256,000 |
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.
276 apollo bay rd, apollo bay, tas, 7150 | 3 | 1 | 1 | Offers Over $795,000 |
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)Incidents Trend State Average
(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
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