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Real Estate in Apollo Bay, Australia | Expat Exchange
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Real Estate in Apollo Bay, Australia

By Betsy Burlingame

Last updated on Aug 11, 2024

Summary: People living in Apollo Bay, Australia offer advice about real estate. How do you find a home in Apollo Bay? Should you buy or rent? What is the cost of housing?

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How do I find a place to live in Apollo Bay?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"Finding a place to live in Apollo Bay involves several steps. First, you need to determine your budget and the type of accommodation you're looking for. This could range from a small apartment to a larger house, depending on your needs and financial situation. Next, you should research the different neighborhoods in Apollo Bay to find one that suits your lifestyle and preferences. Consider factors such as proximity to work or school, access to public transportation, safety, and the presence of amenities such as shops, restaurants, and parks. Once you have a clear idea of what you're looking for, you can start your search. There are several online real estate platforms that you can use, such as realestate.com.au or domain.com.au. These websites allow you to filter properties based on location, price, property type, and number of bedrooms, among other factors. In addition to online searches, you might also want to consider hiring a real estate agent. An agent can provide valuable local knowledge, help you negotiate prices, and guide you through the legal aspects of renting or buying a property in Australia. Once you've found a property you're interested in, arrange a viewing. This will give you a chance to inspect the property in person and ask any questions you might have. If you decide to proceed with a property, you'll need to submit an application or make an offer. This usually involves providing proof of income and references. If your application is accepted or your offer is approved, you'll then need to sign a lease or purchase agreement. Finally, before moving in, you'll likely need to pay a deposit and the first month's rent. Make sure to also arrange for utilities and internet to be connected, and consider purchasing home insurance for your new place. Remember, finding a place to live can take time, so it's a good idea to start your search well in advance of when you plan to move," explained one expat living in Apollo Bay, Australia.

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What is a typical expat home or apartment like in Apollo Bay?

"A typical expat home or apartment in Apollo Bay, is often a spacious, modern property with a blend of contemporary and traditional Australian architecture. These homes usually have large windows to take advantage of the stunning views of the ocean or the lush greenery of the Otway Ranges. They often feature open-plan living areas, fully equipped kitchens, and comfortable bedrooms. Many homes also have outdoor spaces such as balconies or patios, perfect for barbecues or simply enjoying the mild climate. Some properties may also have a swimming pool or access to a community pool. The interior design often reflects the laid-back coastal lifestyle, with light, airy spaces, neutral colours, and natural materials. Many expats choose homes that are within walking distance to the beach, local shops, and restaurants. Despite being in a small town, these homes are often equipped with modern amenities such as high-speed internet, making it convenient for expats who work remotely," said one person in Apollo Bay.

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What is the average cost of housing in Apollo Bay?

If you are thinking about moving to Apollo Bay, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Apollo Bay can vary greatly depending on the type and size of the property. However, as of recent data, the median price for a house in this coastal town is typically around the mid to high six-figure range in Australian dollars. For apartments or units, the median price tends to be somewhat lower. It's important to note that these are median prices, meaning that there are properties both more expensive and cheaper than this range. Prices can also fluctuate based on market conditions and other factors," said one person in Apollo Bay.

Should I buy or rent a home in Apollo Bay?

If you have not spent a lot of time in Apollo Bay, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"The decision to buy or rent a home in Apollo Bay, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Apollo Bay for a long period, buying a home could be a good investment. Owning a home allows you to build equity over time and could provide financial security in the future. On the other hand, renting might be a better option if you're not planning to stay in Apollo Bay for a long time. Renting offers more flexibility, as you can move without the hassle of selling a property. It also allows you to avoid the costs and responsibilities that come with home ownership, such as maintenance and repairs. If you're uncertain about your future plans or financial stability, renting might be the safer choice. However, if you're financially stable and plan to stay in Apollo Bay for many years, buying a home could be a wise investment. It's also important to consider the current housing market in Apollo Bay. If property prices are high, it might be more cost-effective to rent until prices drop. Conversely, if property prices are low and you have the necessary funds, it could be a good time to buy. In conclusion, the decision to buy or rent a home in Apollo Bay should be based on your personal circumstances, financial situation, and long-term plans. It's always a good idea to seek advice from a financial advisor or real estate professional before making such a significant decision," said one expat in Apollo Bay.

About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

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