OFF MARKET

3/40 Montrose Avenue
Apollo Bay VIC 3233

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 85m2
Land area: 331m2
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Property Details for 3/40 Montrose Ave, Apollo Bay

3/40 Montrose Ave, Apollo Bay is a 2 bedroom, 1 bathroom House and was built in 1975. The property has a land size of 331m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
House
Year Built
1975
Floor Size
85m2
Land Size
331m2
Local Government
Colac Otway
Lot/Plan
3/SP31657

Last Listing description (September 2022)

Location is one of those things which is usually at the top of everyone's shopping list, and finding a well-appointed, functional unit in the heart of Apollo Bay makes this a great spot to invest or live in yourself. This solid 2-bedroom brick property is neat and tidy with a private north facing back yard, open plan layout and a functional kitchen. The property is the rear unit of three, situated on a decent allotment of 330m2 it offers that sought after privacy often not available in a unit. If you're a first homebuyer, downsizer or savvy investors seeking a base in the popular Apollo Bay this could be your way into the market. Low maintenance with space and privacy, this hugely promising package is close to some of Apollo Bay's best attractions and amenities.

The facts:

2 bedroom both with BIRs
Open plan living/kitchen/dinning
1 bathroom
Separate laundry
Double carport
North facing private yard
Rear unit of three privacy assured
Land size 331m2

This wonderful single-level unit presents an unmissable opportunity, a mere stone's throw from popular Caf's and restaurants, Apollo Bay P-12 College, and to top it all offthe beach!

Property History for 3/40 Montrose Ave, Apollo Bay, VIC 3233

A timeline of how this property has performed in the market
Last Sold
$540,000
14 Sep 2022
  • 14 Sep 2022
    Sold for $540,000
  • 10 Aug 2022
    Listed for Sale $550,000
  • 30 Mar 1990
    Sold for $75,000

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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.

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.