2/21 Pengilley AvenueApollo Bay VIC 3233
Property Details for 2/21 Pengilley Ave, Apollo Bay
Last Listing description (March 2026)
Positioned in the heart of Apollo Bay's established township, this 500m rear allotment offers the perfect foundation for your dream home. Nestled within a two-lot subdivision, the block enjoys a prized north-facing orientation, ensuring natural light and warmth throughout the seasons.Set in the older part of Apollo Bay, a convenient location, just a short stroll to the local school, shops, cafs, and the foreshore. Everything you need is within easy walking distance, making this an ideal site for a permanent residence, holiday retreat, or investment property.With services available and the subdivision complete, this parcel is ready for you to bring your plans to life. Whether you envision a modern coastal escape or a low-maintenance family home, the convenience and lifestyle on offer here are hard to beat.Property Highlights: 500m rear block in a 2-lot subdivision Highly sought-after north-facing orientation Central location in old Apollo Bay walk to school, shops, and beach Fully serviced and ready for development Private setting with excellent lifestyle appealOpportunities in such a central position are rare secure this block today and start building your Apollo Bay dream.
Property History for 2/21 Pengilley Ave, Apollo Bay, VIC 3233
- 03 Mar 2026Listed for Sale $385,000
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0About 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 2,695 properties. Over the last 5 years, Houses in Apollo Bay have seen a 10.91% increase in median value, while Units have seen a 18.04% increase. As at 30 April 2026:
- The median value for Houses in Apollo Bay is $952,615 while the median value for Units is $687,678.
- Houses have a median rent of $540 while Units have a median rent of $500.
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