Apollo Bay

Apollo Bay is a coastal suburb with a relatively small population. The demographic profile skews towards older age groups, with a significant number of residents aged 45 years and above. The area has a diverse range of occupations, with a notable presence of Managers, Professionals, and Technicians and Tradesworkers. Residents have access to various commuting options, with a good proportion working from home. For Houses, the suburb offers a good opportunity for renovators due to a high Sale Price IQR ratio. However, the market absorption rate indicates a lower demand. For Units, the market shows potential with a lower vacancy rate and higher market absorption rate. Investors may find opportunities for steady rental returns. Apollo Bay presents a peaceful coastal living environment with a mix of older age residents and diverse occupations. The area offers potential investment opportunities in both Houses and Units. Residents enjoy a relaxed lifestyle with convenient commuting options, including a significant number of people working from home. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022