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Unit 1,
135 GREAT OCEAN ROAD Apollo Bay VIC 3233

This property is Off Market

All about Apollo Bay Homes for sale in Apollo Bay


  • The Average property price in this area is $998,559, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 0.15 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Powerlines within 200m 0
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School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Otway

With an average age of 52, households expect an average monthly mortgage payment of $1,517 or a weekly rent payment of $300. The average family earns a weekly income of $1,463 with a typical household size of 1.8 and a 94.64% employment rate.

Consistent high demand relative to supply is a key feature in Apollo Bay driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Apollo Bay due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. 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. Lower than average population density constrains growth in Apollo Bay to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Apollo Bay the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

General Points of Interest


Population

(Country of Birth not stated 14%)

Are people healthy?

There are a recorded 394 asthma sufferers and 184 people living with diabetes. In addition, 250 people have a heart/vascular condition and 452 people live with three or more chronic diseases.

A good place to invest in property?

Otway a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

33 / 100

52 / 100

Industry

04 / 100

17 / 100

Population

16 / 100

32 / 100

House Prices

85 / 100

70 / 100

Jobs

20 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Apollo Bay P-12 College
  • Apollo Bay P-12 College

    Apollo Bay, VIC, 3233 State Prep-12

  • Lavers Hill K-12 College

    Lavers Hill, VIC, 3238 State Prep-12


Property Story

Unit 1, 135 Great Ocean Road, Apollo Bay, Vic, 3233 is a residential property . The estimated distance to the sea is only 0.15km and 0.07KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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