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Apollo Bay vs Childers

Property investment comparison - Apollo Bay, VIC 3233 vs Childers, VIC 3824

Head-to-head across core investment metrics: Apollo Bay wins 2, Childers wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricApollo BayChilders
Median house price$800K$805K
Median unit price$710K-
Gross rental yield (houses)3.33%3.77%
Gross rental yield (units)--
1-year house growth-6.3%estimate-
3-year house growth--
Vacancy rate1.1%1.1%
Population1,79091

Apollo Bay vs Childers: what the numbers say

The median house price is $800K in Apollo Bay and $805K in Childers, so Apollo Bay is the cheaper entry point, with Childers houses about 1% dearer.

On cash flow, Childers leads: houses there return a gross rental yield of 3.77%, compared with 3.33% in Apollo Bay, a gap of 0.44 percentage points.

Rental vacancy is the same in both, at 1.1%.

Apollo Bay is the bigger suburb, with a population of 1,790 against 91, roughly 20 times the size of Childers; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Childers for rental income, Apollo Bay for a lower purchase price. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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