FOR SALE
$395,000 - $425,000

43 Skene Street
Colac VIC 3250

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 797m2
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PRIME CENTRAL LOCATION

Take advantage of this opportunity to invest and secure property in such a central Colac location.
Situated just one block north of Murray Street and set on approximately 824sqm, makes this property an ideal development opportunity (STCA) or perhaps consider renovating and extending to the property as the depth of the block is 56 metres approx.
The home currently consists of three bedrooms, the kitchen, dining and living area are combined and include the convenience of a split system plus gas heater to comfortably heat and cool. An additional separate lounge is situated at the front of the home whilst the bathroom and laundry are found towards the back of the property. All services are available.
Enjoy the benefits of the convenient location being close to the CBD, Lake Colac and Primary Schools. Don't hesitate to contact our office today to arrange an inspection.
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Property Details for 43 Skene St, Colac

43 Skene St, Colac is a 3 bedroom, 1 bathroom House. The property has a land size of 797m2. The place is currently for sale with Ray White Colac.

Building Type
House
Land Size
797m2

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About Colac 3250

The size of Colac is approximately 37.5 square kilometres. It has 20 parks covering nearly 2.3% of total area. The population of Colac in 2011 was 8,696 people. By 2016 the population was 9,066 showing a population growth of 4.3% in the area during that time. The predominant age group in Colac is 20-29 years. Households in Colac are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Colac work in a labourer occupation. In 2011, 67.4% of the homes in Colac were owner-occupied compared with 66.6% in 2016.

Colac has 5,501 properties. Over the last 5 years, Houses in Colac have seen a 43.94% increase in median value, while Units have seen a 26.16% increase. As at 30 September 2024:

  • The median value for Houses in Colac is $432,100 while the median value for Units is $358,319.
  • Houses have a median rent of $430 while Units have a median rent of $360.
There are currently 16 properties listed for sale, and 3 properties listed for rent in Colac on OnTheHouse. According to CoreLogic's data, 192 properties were sold in the past 12 months in Colac.

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Chris Peeters
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Wayne Mackrell
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Ray White Colac
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