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Apollo Bay is in Colac Otway LGA, VIC, postcode 3233, with population 1,790.
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There are enough stretched or weaker signals here that you should assume trade-offs rather than a clean story. Use compare mode to see whether the downside is price, local quality, or weaker momentum before treating it as a target suburb.
The local employment base leans toward accommodation & food and construction. Local earnings momentum is not available from the linked ATO series. VIC employment is up +0.9% year-on-year (+33K jobs) and +13.9% over five years in the official NERO dataset. Read this as a broader state jobs backdrop combined with local employment mix, not a suburb-only new-jobs count.
VIC has 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2024-10-02. This suburb also matches 8 local transport stops or stations, which adds nearby access context but does not prove direct project exposure. Read this as a state delivery backdrop, not a suburb-specific project list.
Apollo Bay is a small community in Victoria within the Colac Otway local government area (postcode 3233). With a population of 1,790, the suburb has a mature demographic with a median age of 52. Households earn a median income of $59K per year, with an average household size of 2 people. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, labourers, technicians & trades. Employment in the area leans toward accommodation & food and construction. The top ancestries reported are English, Australian, Irish.
This suburb mixes release datasets, Census data, and matched local services. Use the data status block before treating every metric as equally fresh.
QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.
Manual release files parsed into suburb prices
Use current rent as a starting signal, not as a fixed underwriting truth.
Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.
Direct signals include Property prices, Market rent, Crime, and Schools. Missing or weaker areas are still shown so the page does not overstate precision.
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Property prices, Market rent, Crime, Schools
No fallback or lower-precision signals flagged.
Population growth, Building approvals
Transport coverage adds a practical access signal. Gross yield looks low for an income-first use case.
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Transport coverage adds a practical access signal.
Gross yield looks low for an income-first use case.
No decisive evidence gap was detected from the current inputs.
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Apollo Bay is a small community in Victoria within the Colac Otway local government area (postcode 3233). With a population of 1,790, the suburb has a mature demographic with a median age of 52. Households earn a median income of $59K per year, with an average household size of 2 people. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, labourers, technicians & trades. Employment in the area leans toward accommodation & food and construction. The top ancestries reported are English, Australian, Irish.
The median house price in Apollo Bay is $900,000, having dropped significantly 16.7% over the past year. The current median weekly rent is $410. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,700.
Apollo Bay is served by 1 school, including 1 combined. The average ICSEA score is 1043, which is around the national average of 1,000. Public transport access includes 8 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Colac Otway LGA is higher than average at 8,657 incidents per 100,000 population.
From an investment perspective, Apollo Bay offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($900K/$875K). The price-to-income ratio of 15.1x is considered stretched. House prices have moved -16.7% year-on-year.
Apollo Bay is a small community in Victoria within the Colac Otway local government area (postcode 3233). With a population of 1,790, the suburb has a mature demographic with a median age of 52. Households earn a median income of $59K per year, with an average household size of 2 people. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, labourers, technicians & trades. Employment in the area leans toward accommodation & food and construction. The top ancestries reported are English, Australian, Irish.
The median house price in Apollo Bay is $900,000, having dropped significantly 16.7% over the past year. The current median weekly rent is $410. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,700.
Apollo Bay is served by 1 school, including 1 combined. The average ICSEA score is 1043, which is around the national average of 1,000. Public transport access includes 8 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Colac Otway LGA is higher than average at 8,657 incidents per 100,000 population.
From an investment perspective, Apollo Bay offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($900K/$875K). The price-to-income ratio of 15.1x is considered stretched. House prices have moved -16.7% year-on-year.