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VIC › Apollo Bay › Great Ocean Rd

89A Great Ocean Rd, Apollo Bay VIC 3233

For saleApartment for Sale

$900,000

For sale

Asking

3

Bedrooms

2

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $900,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $900,000(Listing record · 29 Nov 2024)
  • CalculationAsk is 2% below the Apollo Bay median recorded sale ($920,000, n=7, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Apollo Bay's advertised median rent ($456/wk), implied gross yield would be 2.63% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$900,000

Asking

No recorded sale for this property.

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.

See the full Apollo Bay report →

Vs Apollo Bay

-2.2%

Median sale

Suburb $920,000

+0.05 pp

Gross yield

Suburb 2.58%

Suburb median $920,000 from 7 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$900,000
Stamp Duty (Victoria)
$49,070
Transfer/Registration Fee
$2,210
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$954,980

$54,980 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Apollo Bay's advertised median rent — not a rent for this listing.

Net yield
1.13%
Annual cashflow (pre-tax)
$-36,588
Interest cover (DSCR)
0.22
Annual rent
$23,712
Operating expenses
$13,500
Loan amount
$720,000
Annual interest
$46,800
Gross yield
2.63%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$900,000available29 Nov 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.6%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Apollo Bay in one glance

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.

See the full Apollo Bay report →

Keep researching

  • Why Apollo Bay? Read the area thesis →
  • What else is on the market in Apollo Bay →
  • Other records on Great Ocean Rd →

Listing material

Listed by Great Ocean Road Real Estate Apollo Bay

LOCK, LEAVE & LOVE THE VIEW – CENTRAL BAY BLISS!

Perfectly positioned just steps from the beach and a short stroll to Apollo Bay's vibrant main street, this beautifully appointed two-level apartment offers the ultimate in low-maintenance coastal living. Whether you're seeking a permanent residence, a weekend escape, or a smart investment, this property delivers a rare blend of lifestyle, location, and luxury.

Set across two spacious levels, the apartment boasts two expansive balconies, ideal for entertaining or simply soaking up the breathtaking views of the Southern Ocean and coastline, stretching from Cape Patton to the Apollo Bay Harbour.

The light-filled open-plan living, dining, and kitchen area flows seamlessly onto the main balcony, creating a relaxed and inviting space to gather with family and friends. The kitchen is well-equipped with quality appliances and ample storage, making entertaining a breeze.

Read the full description

Two generous bedrooms with built-in robes are located on the first level, serviced by a central bathroom. Upstairs, the grand master suite offers a private retreat with its own lounge, private balcony, and a luxurious ensuite complete with a two-person spa.

Designed for a lock-up-and-leave lifestyle, this apartment is the epitome of easy living. With no lawns to mow and minimal upkeep, you can simply arrive, relax, and enjoy.

Please note: A fixed-term lease is currently in place through to July 2026, providing secure and immediate rental income for investors. Land Tax for the unit last year was $1,300.00, an important consideration for those assessing ongoing outgoings.

Property Highlights:

• 3 bedrooms, including a luxurious master suite with private lounge, BIR & ensuite

• 2 bathrooms

• 2 large balconies with panoramic ocean and coastline views

• Spacious open-plan living, kitchen, and dining area

• Low-maintenance, lock-and-leave lifestyle

• Unbeatable location - steps to the beach and moments from cafés, shops, and the foreshore

• Title includes an allocated parking space

• Apartment size approx. 235m²

• Land Tax (2024/25): $1,300.00

Listing description written by Darren Brimacombe, Great Ocean Road Real Estate Apollo Bay — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.