Apollo Bay vs Leslie Manor
Property investment comparison - Apollo Bay, VIC 3233 vs Leslie Manor, VIC 3260
Head-to-head across core investment metrics: Apollo Bay wins 0, Leslie Manor wins 3. 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.
| Metric | Apollo Bay | Leslie Manor |
|---|---|---|
| Median house price | $800K | $795K |
| Median unit price | $710K | - |
| Gross rental yield (houses) | 3.33% | 3.64% |
| Gross rental yield (units) | - | - |
| 1-year house growth | -6.3%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 1.1% | 0.5% |
| Population | 1,790 | 66 |
Apollo Bay vs Leslie Manor: what the numbers say
The median house price is $800K in Apollo Bay and $795K in Leslie Manor, so Leslie Manor is the cheaper entry point, with Apollo Bay houses about 1% dearer.
On cash flow, Leslie Manor leads: houses there return a gross rental yield of 3.64%, compared with 3.33% in Apollo Bay, a gap of 0.31 percentage points.
Rental vacancy is 0.5% in Leslie Manor and 1.1% in Apollo Bay, so landlords in Leslie Manor face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Apollo Bay is the bigger suburb, with a population of 1,790 against 66, roughly 27 times the size of Leslie Manor; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Leslie Manor for rental income, Leslie Manor for a lower purchase price, Leslie Manor for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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