OFF MARKET

1/22 Nelson Street
Apollo Bay VIC 3233

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 102m2
Land area: 353m2
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Property Details for 1/22 Nelson St, Apollo Bay

1/22 Nelson St, Apollo Bay is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 353m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in April 2018.

Building Type
Unit
Year Built
1990
Floor Size
102m2
Land Size
353m2
Local Government
Colac Otway
Lot/Plan
1/PS316361

Last Listing description (May 2018)

Exciting times for this attractive property with so many options. Located on the corner of Pascoe and Nelson Street, this commercially zoned property is only metres to the beach, shops and cafes and has the advantage of a separate studio.
The attractive detached studio comes with ensuite - perfect for elderly or teenage visitors or could be used as a space to start your dream business venture.

The opportunities are endless, the main 2-bedroom spacious house could be a full time residence, permanent residence or holiday home. The unit could earn a separate revenue as a commercial let, doubling your potential income.
The property includes 3 bedrooms, 2 bathrooms (one with spa bath), 3 toilets, a large open planning living area, laundry, balcony and modern kitchen and dining area with gas fire heater.
This property offers two entrances with a large garden with mature trees to the front of the property and a sunny north facing double drive way to the rear, this property is an outstanding investment opportunity.
Well exposed, the property has a wide frontage of 20 metres to Nelson Street and 30 metres to Pascoe Street

Property History for 1/22 Nelson St, Apollo Bay, VIC 3233

A timeline of how this property has performed in the market
Last Sold
$495,000
05 Apr 2018
  • 05 Apr 2018
    Sold for $495,000
  • 22 Mar 2018
    Listed for Sale $500,000
  • 01 Sep 2016
    Sold for $420,000
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About Apollo Bay 3233

The size of Apollo Bay is approximately 87.1 square kilometres. It has 18 parks covering nearly 52.7% of total area. The population of Apollo Bay in 2011 was 1,094 people. By 2016 the population was 1,618 showing a population growth of 47.9% in the area during that time. The predominant age group in Apollo Bay is 60-69 years. Households in Apollo Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Apollo Bay work in a labourer occupation. In 2011, 55.8% of the homes in Apollo Bay were owner-occupied compared with 64.5% in 2016.

Apollo Bay has 2,641 properties. Over the last 5 years, Houses in Apollo Bay have seen a 62.79% increase in median value, while Units have seen a 0.74% increase. As at 31 October 2024:

  • The median value for Houses in Apollo Bay is $1,036,333 while the median value for Units is $473,618.
  • Houses have a median rent of $500 while Units have a median rent of $500.
There are currently 39 properties listed for sale, and 2 properties listed for rent in Apollo bay on OnTheHouse. According to CoreLogic's data, 55 properties were sold in the past 12 months in Apollo bay.

Suburb Insights for Apollo Bay 3233

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.