OFF MARKET

247 Great Ocean Road
Apollo Bay VIC 3233

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 984m2
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Last updated 16 Sep 2024
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Property Details for 247 Great Ocean Rd, Apollo Bay

247 Great Ocean Rd, Apollo Bay is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 984m2. While the property is not currently for sale or for rent, it was last sold in January 2016.

Building Type
House
Land Size
984m2
Local Government
Colac Otway
Lot/Plan
1/TP145763

Last Listing description (May 2016)

Elevated and set back from the road, this solid brick home has one of the best locations in Apollo Bay. There is nothing to disturb the amazing sea views, even the power lines are at the rear of the property. Enjoying dual access, from front and rear, this property has loads of potential from a quick makeover to luxurious renovation or subdivision (council approval in place).
Providing a comfortable coastal lifestyle on 983sqm, this 3 bedroom, 2 bathroom home with open plan living/kitchen offers a unique elevated position across from the beach ensuring uninterrupted views.

There is no shortage of storage, with a huge shed and garage to the rear and further storage under the house. The large rear garden catches the sun and is home to mature shrubs and established fruit trees.
This property has council approval for a two lot subdivision should this be the desired outcome for a new owner. All the infrastructure (including power, water, driveways, sewerage, etc) is complete.
With cafes and shops only a short walk away, a property of this size and location is a rare find and offers many opportunities for a renovator, builder, or developer.

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Property History for 247 Great Ocean Rd, Apollo Bay, VIC 3233

A timeline of how this property has performed in the market
Last Sold
$950,000
12 Jan 2016
  • 12 Jan 2016
    Sold for $950,000
  • 23 Oct 2015
    Listed for Sale $980,000

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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 2,659 properties. Over the last 5 years, Houses in Apollo Bay have seen a 58.00% increase in median value, while Units have seen a -1.84% decrease. As at 31 August 2024:

  • The median value for Houses in Apollo Bay is $998,347 while the median value for Units is $441,432.
  • Houses have a median rent of $500 while Units have a median rent of $500.
There are currently 36 properties listed for sale, and 4 properties listed for rent in Apollo bay on OnTheHouse. According to CoreLogic's data, 64 properties were sold in the past 12 months in Apollo bay.

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