Apollo Bay Median Property Value & Market Data (VIC)

Apollo Bay, Victoria· UNKNOWN
Apollo Bay has a median property value in line with Victoria averagesUpdated 1 Apr 2026

Price Score

6.0/10

Apollo Bay has a median property value in line with Victoria averages

Key Facts

Median Price Range
$800k–$1.1M
Suburb
Apollo Bay, VIC
Key Price Driver
Proximity to CBD and school catchments
Climate Risk Impact
Increasingly affects property values — get a report
Postcode
3233
Highest high-risk exposure
11.2% of land (bushfire)

Median Property Value Analysis

Apollo Bay in Victoria sits within the broader property market of the region. The median property value provides a benchmark for home buyers evaluating the suburb against neighbouring areas and state averages across Victoria. Understanding where a suburb sits in the price spectrum is a critical first step in property research.

Property values in Apollo Bay are influenced by factors including location, housing stock diversity, school catchments, transport access, and increasingly climate risk exposure. The median price represents the middle point of all sales — half sold for more, half for less — and is the most commonly cited benchmark in Australian property market reporting. Domain and CoreLogic both publish suburb-level median price data that can be compared across Victoria.

For buyers considering Apollo Bay, the relationship between property value and climate risk is becoming increasingly important. Properties in areas with lower exposure to flood, bushfire, and extreme heat may hold value better over the long term as climate risk awareness grows among Australian home buyers.

To make an informed property decision in Apollo Bay, an address-level assessment is essential. Get a complete ClimateNest report for your shortlisted property including climate risk scores, projected insurance costs, and long-term value outlook to complement your market research.

Apollo Bay (postcode 3233) is tracked in ClimateNest's suburb hazard model, which maps the share of the suburb's land exposed to each hazard at high and moderate levels. The suburb's highest high-risk exposures are bushfire (11.2% of land in high-risk zones), riverine flood (9.4% of land in high-risk zones), surface flood (8.5% of land in high-risk zones). Exposure is not uniform across Apollo Bay — individual properties can sit well above or below these averages, so an address-level check is recommended before buying, selling or insuring.

Adaptation & Mitigation Actions

Upgrade flood defenses

Near-term

Invest in infrastructure to protect properties from flooding, such as levees and drainage improvements.

Est. cost: High

Implement bushfire management strategies

Near-term

Reduce fuel loads and improve firebreaks to protect properties from bushfires.

Est. cost: Medium

Develop a heatwave response plan

Immediate

Establish cooling centers and provide support for vulnerable populations during heatwaves.

Est. cost: Low

Protect coastal areas

Long-term

Implement coastal protection measures, such as seawalls and beach nourishment, to mitigate erosion and inundation.

Est. cost: Very High

Promote water conservation

Near-term

Encourage residents and businesses to reduce water consumption to address potential water shortages.

Est. cost: Low

Council & Emergency Services

Colac Otway Shire Council
Emergency Services

Data last updated: 1 April 2026

Explore Apollo Bay Risk Reports

Frequently Asked Questions

What is the median property value in Apollo Bay?

The median property value for Apollo Bay in Victoria provides a market benchmark for home buyers and sellers. For the most current median price data, consult Domain, CoreLogic, or your local real estate agent who can provide suburb-specific sales evidence and recent comparable sales. Property prices in Victoria vary significantly by location, property type, and condition — the median is a starting point, not a valuation.

How do property values in Apollo Bay compare to Victoria averages?

Apollo Bay sits within the Victoria property market. Statewide median prices in Victoria range from $800k to $1.1M depending on property type and location. Consider climate risk alongside price data — ClimateNest provides property-specific risk assessments for addresses across Apollo Bay.

What factors affect property values in Apollo Bay?

Property values in Apollo Bay are driven by location, proximity to schools and transport, housing stock quality and diversity, neighbourhood amenity, market conditions, and increasingly climate risk exposure. Address-level climate risk data from ClimateNest helps buyers make informed decisions.

Does climate risk affect property values in Apollo Bay?

Yes, climate risk is an increasingly important factor in property values across Australian suburbs, including Apollo Bay. Properties with verified lower climate risk may attract premium pricing as buyer awareness grows. A ClimateNest report provides address-level climate risk data to inform your property valuation.

What share of Apollo Bay is exposed to high bushfire risk?

ClimateNest's hazard overlay maps 11.2% of Apollo Bay in high-risk zones for bushfire, with a further 64.8% in moderate-risk zones. Suburb-level exposure is not uniform — individual properties can differ from these averages, so an address-level check is recommended.

Is Apollo Bay Safe from Climate Risk?

Enter your address below for an instant climate risk assessment for Apollo Bay, Victoria, covering flood, bushfire, sea level rise and more.

Free instant previewCSIRO-powered data

What A$69 could save you from

$7.2B
2022 insured disaster losses*
$300B+
climate risk to property by 2050*
30-120%
insurance premium increases in high-risk areas*

*Industry sources: ICA, APRA, RBA

Full report from A$69 · Australian addresses only · 8 hazard scores · Insurance trajectory · 2030 & 2050 projections