3 Montrose Avenue, Apollo Bay, Vic, Apollo Bay, VIC 3233 | House for sale | OnTheHouse
 
FOR SALE
$750,000

3 Montrose Avenue, Apollo Bay, Vic 3233
Apollo Bay VIC 3233

Bedrooms: 2
Bathrooms: 1
Car spaces: 4
Land area: 752m2
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IN THE HEART OF APOLLO BAY - WALK EVERYWHERE

If location and lifestyle sit at the top of your wish list, this beach cottage is the one. Perfectly positioned right in the true heart of Apollo Bay, you’ll love being able to walk just minutes to the beach, cafes, shops, and restaurants, everything you need is right on your doorstep.
Already a highly successful Airbnb, this property is immaculately presented and ready to enjoy. Whether you’re seeking a permanent home, Holiday escape, or a proven income-generating investment, it ticks every box.
Even better, the property sits within Design and Development Overlay 6, which has no minimum lot size for subdivision. That means you could potentially build a second dwelling (STCA) and instantly double your income – a rare opportunity so close to town.
Step inside and you’ll find a fully renovated, freshly painted coastal home with a relaxed, beachy aesthetic. Warm timber-look flooring, fresh white finishes, and light-filled interiors create an inviting space designed for easy living. The layout includes two bedrooms, an open plan living and dining area, and a modern kitchen, ideal for laid-back holiday vibes or everyday comfort.
The front bedroom enjoys peaceful views of Apollo Bay’s surrounding hills, while the large rear deck is perfect for entertaining, soaking up the fresh sea air, or watching the kids play in the expansive backyard. The north-facing, fully fenced front yard also provides a safe, sunny space for children and pets.
Set on a generous 752 sqm block, this property delivers not just lifestyle, but real investment potential, whether through subdivision, expansion, or simply enjoying the excellent holiday rental returns.
GOODLIFE HIGHLIGHTS
• Prime central position – walk to beach, shops & dining
• Large 752 sqm block with subdivision potential (DDO6)
• Immaculately presented & operating as a successful Airbnb
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Property Details for 3 Montrose Avenue, Apollo Bay, Vic 3233, Apollo Bay, VIC 3233

3 Montrose Avenue Apollo Bay Vic 3233 Apollo Bay VIC 3233 is a 2 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 752m2. The place is currently for sale with Goodlife Local Real Estate.

Building Type
House
Land Size
752m2
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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 2016 was 1598 people. By 2021 the population was 1790 showing a population growth of 12.0% 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 managers occupation.In 2021, 67.80% of the homes in Apollo Bay were owner-occupied compared with 64.50% in 2016.

Apollo Bay has 2,690 properties. Over the last 5 years, Houses in Apollo Bay have seen a 44.58% increase in median value, while Units have seen a 7.30% increase. As at 31 October 2025:

  • The median value for Houses in Apollo Bay is $996,325 while the median value for Units is $549,685.
  • Houses have a median rent of $540 while Units have a median rent of $500.
There are currently 48 properties listed for sale, and 2 properties listed for rent in Apollo bay on OnTheHouse. According to Cotality's data, 76 properties were sold in the past 12 months in Apollo bay.

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Trisha O'Donnell
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Trish Goodlet
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Goodlife Local Real Estate
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