![\"\"](\"https:\/\/timesnewsgroup.com.au\/wp-content\/uploads\/sites\/2\/2021\/02\/ApolloBayharbour_47355.png\")
<\/p>\n","protected":false},"excerpt":{"rendered":"Town Profile: Apollo Bay<\/p>\n
The size of Apollo Bay is approximately 87.1 square kilometres with the population recorded at 1,094 in 2011 and by the 2016 Census the population was 1,618 showing a population growth of 47.9% in the area during that time.
\nApollo Bay is a coastal township and holiday resort on the Great Ocean Road between Lorne and Cape Otway with a captivating bay that faces east which is further protected by a breakwater.
\nApollo Bay is fast becoming a popular getaway destination for those looking for a coastal escape and is being marketed as a town to visit in any season with so much on offer.
\nWith Covid on the retreat, once again visitors will be able to hit the waters of the Southern Ocean, wander the coast and explore petrified rainforests full of waterfalls, ferns and crystal-clear streams.
\nSwim, dive, surf and paddle out in the pristine coastal waters, take a dip at the beach, climb aboard a surfboard or kayak, and get up close to local seal colonies, Apollo Bay has it all.
\nAnglers have plenty on offer too, with a deep-sea fishing adventure at the top of the list.
\nFor the landlubbers, there are sunset beach rides on horseback, gift shops, galleries and teahouses along with countless culinary delights to choose from.
\nFishing is an important local industry, so seafood is always on the menu at the local cafes and restaurants.
\nThe town origins began when in 1846 the schooner \u2018Apollo\u2019 sheltered in the bay on the way from Port Phillip to Portland.
\nA few years after that event, timber cutters began taking timber from Apollo Bay and Lorne, and by 1853 the coast had been surveyed in detail and there were several timber camps.
\nA township proposed to be named Middleton, was surveyed on Apollo Bay.
\nThe combination of a relatively sheltered bay, the best of the limited flat land along the coast and the Cawood settlement finally stimulated the sale of town lots (renamed as Krambruk) in 1877.
\nAccess to Krambruk was by coastal vessel or by pack track over the ranges.
\nIn 1898 the name Apollo Bay (by which the settlement was generally known) was formally adopted by the post office.
\nCoreLogic data indicate that the predominant age group in Apollo Bay is 60-69 years with households in Apollo Bay being primarily childless couples and are likely to be repaying $1,800 \u2013 $2,399 per month on mortgage repayments, and inn general, people in Apollo Bay work in a labourer occupation.
\nIn 2011, 55.8% of the homes in Apollo Bay were owner-occupied compared with 64.5% in 2016.<\/p>\n
AGENT PERSPECTIVE:
\n\u201cThe Apollo Bay Market has never been stronger, following on from recent months of unprecedented activity with strong sales residentially and in the hinterlands surrounding Apollo Bay, along with new land releases also selling quickly.
\n\u201cWith high demand and low stock levels across the coast, competition has been fierce, resulting in multiple competitors on stock available, seeing the contract price happily exceeding the Vendors expectations in many cases.\u201d
\nDarren Brimacombe \u2013 Great Ocean Road Real Estate Apollo Bay<\/p>\n
TIDBIT:
\nIn 1936 a telephone cable was laid linking Apollo Bay, King Island and Tasmania<\/p>\n
Population: 1,618
\nMale: 48.9%
\nFemale: 51.1%
\nMedian age: 48
\n5 year population change: 47.9%
\nMedian house price: $659,000
\nChange in Median Price: (5yrs) is 38%
\nMedian asking rent per week: $480
\nAverage length of ownership: 11 years
\nOwner occupiers: 66%
\nRenters: 34%<\/p>\n
Historic median house price:
\nNovember 2020: $659,000
\nNovember 2019: $600,000
\nNovember 2018: $550,000
\nNovember 2017: $542,000
\nNovember 2016: $477,500<\/p>\n
House sales per annum:
\nPeriod ending November 2020: 44
\nPeriod ending November 2019: 41<\/p>\n
Land median sale price:
\nNovember 2020: $257,500
\nNovember 2019: $242,000<\/p>\n
Land sales per annum:
\nPeriod ending November 2020: 29
\nPeriod ending November 2019: 32<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Town Profile: Apollo Bay The size of Apollo Bay is approximately 87.1 square kilometres with the population recorded at 1,094 in 2011 and by the 2016 Census the population was 1,618 showing a population growth of 47.9% in the area during that time. Apollo Bay is a coastal township and holiday resort on the Great […]<\/p>\n