Apartment

3/40 Montrose Avenue

Apollo Bay VIC 3233, Australia

2 Bedrooms

1 Bathrooms

2 Parking

331 m² Land size

106 m² Internal area

$75,000 Last sale (1990)

About this property

3/40 Montrose Avenue is in Apollo Bay, VIC and is presented as an Apartment with 2 bedrooms, 1 bathroom, 2 parking spaces, land size of 331 m², internal area of 106 m². Sold for $75,000 on 30 Mar 1990. The estimated market value is $524,000 and the estimated weekly rent is $500 per week

Key details

Locality: Apollo Bay
State: VIC
Coordinates: 38.7547532 / 143.6615646
GNAF PID: GAVIC410758939
Legal parcel ID: 3\SP31657
Remoteness area: Regional
Property type: Apartment
Unit land size: 331 m²
Unit internal area: 106 m²
Mobile coverage: 3G
Zoning: Residential land use; within Apollo Bay P‑12 College catchment
Land Use Category: Residential

Market estimates

Based on web rent evidence, web value evidence.

Expected weekly rent

$500

Expected property value

$524,000

Estimated yield

4.96%

Confidence

Medium

Based on the comparable property evidence currently available.

Sales history

Event	Date	Price	Price per m²
Sale	14 Sep 2022 Sale agent Darren Brimacombe.	$540,000	—
Sale	30 Mar 1990	$75,000	—

Property insights

Building profile

The address houses a low‑rise townhouse block of four units. All four units are owner‑occupied, with an average owner‑occupier tenure of approximately 12 years 6 months. The building is constructed of brick on a single level, providing a private and secluded setting within the central part of Apollo Bay

Unit 3 at 40 Montrose Avenue in Apollo Bay is a 2‑bedroom, 1‑bathroom flat with two surface car spaces Greatoceanroadrealestate.com.au Homely.com.au
Estimated market value: $498,000 (high confidence range $440k – $550k)

Property Features

Private and secluded location in the heart of Apollo Bay Greatoceanroadrealestate.com.au
Single‑level brick construction with south‑facing orientation
North‑facing private backyard
Open‑plan living, kitchen and dining area
Separate laundry and functional kitchen
Double carport with carpeted surface parking for two vehicles
Private & secluded location in the heart of Apollo Bay Greatoceanroadrealestate.com.au Homely.com.au
Single-level brick construction
Open‑plan living/kitchen/dining area
Separate laundry
Functional kitchen
Double carport with carpeted surface parking
Long‑term owner occupancy: Average tenure 12 years 6 months ( building profile)

Recorded sales and leasing agents

The 2022 sale was facilitated by Great Ocean Road Real Estate – Apollo Bay Greatoceanroadrealestate.com.au Homely.com.au
The primary selling agent was Darren Brimacombe (phone: 0418 317 424)
An additional agency contact is Kirsten Body (phone: 0457 899 941)

Recorded sale agency (2022 sale): Great Ocean Road Real Estate – Apollo Bay recorded for the 2022 sale Great ocean road real estate
Recorded listing contacts: Darren Brimacombe 0418 317 424 Primary selling agent for 2022 sale Kirsten Body 0457 899 941 Additional agency contact

Ownership mix

Approximate occupancy mix for the surrounding area

Owner-occupied

100%

Renter-occupied

Area insights

The surrounding precinct places hospitality venues and public transport within easy reach. The nearby mix of destinations supports everyday convenience and local foot traffic

Apollo Bay Fire Station local emergency services; 0.6 km away
Apollo Bay Post Office postal services; 0.7 km away
Apollo Bay Backpackers hostel located on the same street; 0.0 km away
Captains at The Bay Bed & Breakfast hotel offering accommodation; 0.5 km away
Seaview Motel & Apartments accommodation venue; 0.6 km away

Read suburb profile

Real Estate Agencies

Ordered by:

Great Ocean Properties - Apollo Bay

0.6 km

1A, 3 Hardy Street, Apollo Bay, VIC 3233

Goodlife Real Estate

0.6 km

Shop 3/157 Great Ocean Road, Apollo Bay, VIC 3233

Great Ocean Road Real Estate - Apollo Bay

0.7 km

93 Great Ocean Road, Apollo Bay, VIC 3233

Smyth Real Estate - Apollo Bay

0.6 km

149 Great Ocean Road, Apollo Bay, VIC 3233

Nearby schools

Type:

Ordered by:

Apollo Bay P-12 College

0.1 km

Combined school | Government

Apollo Bay Child Care Services

0.2 km

Apollo Bay Kindergarten

0.4 km

Frequently asked questions

How many bathrooms are in the unit?

The unit includes one bathroom

Which school catchment does the property belong to?

The property is within the Apollo Bay P‑12 College catchment

How many bedrooms does the unit have?

The unit has two bedrooms

What parking facilities are provided?

Two surface car spaces with a carpeted surface are provided

When was the unit last sold and for how much?

It sold on 14 September 2022 for $540,000

What type of building is the unit part of?

It is part of a low‑rise townhouse building comprising four separate units

What is the population of Apollo Bay?

Apollo Bay had a population of 1,790 at the 2021 census

What nearby accommodation is located within walking distance?

Apollo Bay Backpackers hostel is situated directly adjacent to the property

Related profiles

Jump to the related profiles for this address.

Suburb profile

Apollo Bay

Browse the suburb profile, property mix, and related area data.

View suburb profile

Street profile

Montrose Avenue

See the street-level property page and compare nearby listings.

View street profile