357 Killala Road, Apollo Bay, VIC 3233 | Property Value & History | OnTheHouse
 
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357 Killala Road
Apollo Bay VIC 3233

Bedrooms: 6
Bathrooms: 4
Car spaces: 2
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Last updated 15 Dec 2025
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Property Details for 357 Killala Rd, Apollo Bay

357 Killala Rd, Apollo Bay is a 6 bedroom, 4 bathroom House with 2 parking spaces and was built in 1980.

Building Type
House
Year Built
1980
Local Government
Colac Otway
Lot/Plan
1/TP95841

Last Listing description (July 2024)

TOP OF THE WORLD

This tranquil property located high on the hills overlooking Apollo Bay comprises multiple accommodation offerings situated on over 100 acres of fully-fenced countryside with stunning ocean views.

Previously run as an organic sheep farming property, 'Alyeska', an Aleutian word meaning 'Great Land' is situated just 10 minutes drive from the coastal tourist hotspot of Apollo Bay, with its beautiful beaches, eateries and shops. Accommodation consists of a main dwelling and two self-contained studio apartments. There are also multiple outbuildings, 200,000 litres of rainwater storage and a solar panel system with storage battery, enabling the property to run fully off grid.

The main dwelling delivers generous accommodation in the form of 3 robed bedrooms (main with ensuite), a fabulous light-filled home office or fourth bedroom and family bathroom with claw-foot bath. The open-plan living areas open up to breathtaking views over the landscape towards the sea. Blackwood cabinetry paired with Peruvian marble benchtops and stainless-steel appliances deliver a handsome well-designed kitchen. A split system and wood-burning fire supply year-round comfort, whilst the large stunning deck complete with spa provide a very inviting additional living space.

Further accommodation is provided by two fully self-contained studio apartments. The ground floor studio is currently rented out on a permanent basis and the delightful first floor studio with its views of the hills and ocean beyond is a very popular holiday rental. The studios are set in pretty gardens private from the main residence and have designated parking areas.
Outside, there are multiple outbuildings including a two-car carport, workshop/shed, a shearing shed, wood shed, stables and a large hot house. There is also a quirky four-person sauna in the established gardens and opportunities to fish and paddle in the West Barham River, which runs through the property. Part of the land is currently leased to a neighbouring farmer, providing an additional income stream. Local wildlife is abundant, with resident wallabies, koalas, and native birds all enjoying this peaceful environment.

This property could be the perfect retreat for a large extended family. Alternatively, the current rental offerings could be maintained or extended further, or it could be returned to a working farm. The possibilities on offer here are endless.

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Property History for 357 Killala Rd, Apollo Bay, VIC 3233

A timeline of how this property has performed in the market
  • 15 Apr 2024
    Listed for Sale $1,950,000
  • 15 Nov 2023
    Listed for Sale Not Disclosed
  • 12 Feb 2019
    Sold for $1,050,000
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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 2,692 properties. Over the last 5 years, Houses in Apollo Bay have seen a 38.24% increase in median value, while Units have seen a 1.56% increase. As at 30 November 2025:

  • The median value for Houses in Apollo Bay is $993,041 while the median value for Units is $519,438.
  • Houses have a median rent of $540 while Units have a median rent of $505.
There are currently 51 properties listed for sale, and 3 properties listed for rent in Apollo bay on OnTheHouse. According to Cotality's data, 74 properties were sold in the past 12 months in Apollo bay.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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