Apollo Bay at a glance
1,827
People
$920,000
Median sale
$456/wk
Median rent
2.58%
Suburb gross yield
Median sale from 7 recorded sales (last 24 months) — a Districts calculation.
VIC › Apollo Bay › Great Ocean Rd
$850,000–$900,000
For sale
Asking range
$872,000
Last sold
8 July 2021
2
Bedrooms
2
Bathrooms
2
Car spaces
675 m²
Land
Districts View
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$850,000–$900,000
Asking range · $1,259/m² of land
Last recorded sale $872,000 (8 July 2021).
Local land rate: recorded House sales in Apollo Bay (last 5 years) with land size have a median of $1,517/m² of land (n=26). Districts calculation from recorded sales — not a valuation.
Apollo Bay at a glance
1,827
People
$920,000
Median sale
$456/wk
Median rent
2.58%
Suburb gross yield
Median sale from 7 recorded sales (last 24 months) — a Districts calculation.
Vs Apollo Bay
-7.6%
Median sale
Suburb $920,000
+0.21 pp
Gross yield
Suburb 2.58%
Suburb median $920,000 from 7 recorded sales (last 24 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$51,863 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Apollo Bay's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning scheme
ZN
Zone
NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1
NRZ1
Jurisdiction
Colac Otway
Colac Otway, VIC
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1 · NRZ1 (ZN). Official parcel area about 427 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. The listing may look cheap relative to land or the street. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 7. This overlay can reduce what the land size appears to promise. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $456/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 2.8%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1 · NRZ1 (ZN). Official parcel area about 427 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownlowThe listing may look cheap relative to land or the street. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 7. This overlay can reduce what the land size appears to promise.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Apollo Bay at a glance
1,827
People
$920,000
Median sale
$456/wk
Median rent
2.58%
Suburb gross yield
Median sale from 7 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Oslo PropertyPositioned along one of Australia’s most renowned coastal destinations, 11 Great Ocean Road, Apollo Bay presents a rare investment and development opportunity just meters from the shoreline. Set on 676m² (approx.), the site has previously been subdivided and offers scope for future re-subdivision or redevelopment (STCA). Currently returning income from two fully self-contained one-bedroom residences, the property provides a reliable holding return while investors explore long-term development, land banking, or value-add strategies.
Maximizing a premium position with elevated outlooks across the Great Ocean Road and filtered ocean views, the property blends short-term earning capacity with long-term growth potential. Currently operating successfully as an Airbnb, it provides investors with immediate returns and flexibility to pivot to permanent rental, reconfiguration, or redevelopment.
Just a short walk to Apollo Bay’s vibrant township, retail, and dining, this property represents one of the few remaining tightly held, income-producing parcels along the iconic Great Ocean Road.
Considered: This unique dual-income property comprises two fully self-contained residences on a single title, each thoughtfully designed for comfortable, independent living and strong rental appeal.
Residence One – Open-plan living/dining, full kitchen, spacious bedroom and bathroom, timber flooring, split-system heating/cooling, private courtyard, and off-street parking.
Residence Two – Large bedroom and bathroom, bright living/dining, well-appointed kitchen, and off-street parking.
Both residences are functional, well-maintained, and tenanted via short-stay accommodation – underpinning strong cash flow potential while investors and developers assess next steps.
Close By Facilities: Just footsteps from Apollo Bay Beach and moments from the township’s retail and hospitality hub, the property is surrounded by established amenity including golf course (250m), harbour, boutique shops, and the Great Ocean Walk. With continued growth in both domestic and international tourism along the Surf Coast, this location offers strong fundamentals for capital appreciation and rental demand.
Ideal For: Astute investors seeking holding income with development upside, developers exploring dual-occupancy or multi-residential projects, or land-bankers looking to secure a rare parcel in a high-demand coastal growth corridor.
Listing description written by Trinity Paderno, Oslo Property — reproduced as published, not verified by Districts.