Colac Otway
Apollo Bay
Apollo Bay at a glance
Median house
$777,500
Median unit
$270,000
Walk score
72
Very walkable
Population
2,363
Median age 53
The brief
What to know about Apollo Bay.
Apollo Bay (3233) sits in the Colac Otway region of Victoria. The median house here is $777,500, in line with the Victoria median of around $850K.
Apollo Bay has roughly 2,363 residents, with a retiree-heavy demographic. Households are dominated by renters. Day-to-day life here is very walkable, with most errands manageable on foot.
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Day to day
What it’s like to live here.
Apollo Bay scores 72/100 on walkability, which makes it very walkable with limited public transport. Coffee, groceries and a meal out are mostly walking-distance, which keeps a household viable on one car.
Summer days here average around 25°C (mild), winter mornings around 3°C (cold). Annual rainfall lands at about 612mm. Data comes from the Bureau of Meteorology's Geelong Racecourse station, 83.9km away.
Schooling within or near the suburb covers 2 government primary.
Who lives here
Demographics.
The 2021 Census put Apollo Bay's population at 2,363, with a median age of 53. That sits as a retiree-heavy demographic.
Population
2,363
Median age
53
Family households
–
Lone person
–
Houses change hands at $777,500 on a typical sale, in line with the Victoria median. Units come in around $270,000, roughly 65% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $156,000. Prices are in line with the Victoria median, so the broader state lending settings apply.
Market
The price of a home here.
Median house price
$777,500
+0.0% over the past year. Median unit price $270,000.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$300/wk
Weekly rent (unit)
$255/wk
Owner occupied
–
Renter occupied
–
At a deeper level
$777,500
$270,000
2,363
Median age: 53
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For investors
Investment overview.
Gross rental yield on houses sits at 2.01% (median rent $300/wk against a $777,500 price tag). Units yield 4.91% gross, often the better cash-flow play for first-time investors.
Gross Yield (House)
Source: Land Victoria / DTP · May 20262.01%
Based on $777,500 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20264.91%
Based on $270,000 median
Annual Growth (House)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021–
Higher = more owner-occupier demand
Days on Market
Source: Land Victoria / DTP · May 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Safety
Crime and safety.
50
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Getting around
Walkability.
72
0
10
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Apollo Bay.
Local schools for Apollo Bay
View the catchment for each school to find out more.
Government School Catchment
Apollo Bay P-12 College
Lavers Hill K-12 College
Forrest Primary School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
612 mm
Hottest Month (avg max)
25.6°C
Coldest Month (avg min)
3.0°C
Monthly Rainfall (mm)
Weather data from BOM station Geelong Racecourse (84 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Apollo Bay.
- What is the median house price in Apollo Bay?
- The median house price in Apollo Bay, VIC 3233 is $777,500. The median unit price is $270,000. Annual growth is +0.0%.
- What is the Apollo Bay postcode?
- Apollo Bay is in the 3233 postcode, in VIC, in the Colac Otway region.
- What is the average rent in Apollo Bay?
- The median weekly rent for houses is $300, for units it's $255.
- What schools are in Apollo Bay?
- There are 5 schools serving Apollo Bay on this page, including Apollo Bay P-12 College, Lavers Hill K-12 College, Forrest Primary School.
- How walkable is Apollo Bay?
- Apollo Bay has a Walk Score of 72 out of 100, very walkable. transit score 0, bike score 10.
- What suburbs are near Apollo Bay?
- Apollo Bay is close to Marengo, Skenes Creek, Petticoat Creek, Skenes Creek North, Tanybryn.
- What is the population of Apollo Bay?
- Apollo Bay has approximately 2,363 residents. The median age is 53.
For Sale
Apollo Bay
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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