FOR SALE
$137,500 - $150,000

8 Stepnell Crescent
Colac VIC 3250

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 765m2
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Step Into The Future On Stepnell

Situated on a generous 765 square metre allotment just off Rankin Street, this hidden gem is conveniently located within close proximity to Colac's best amenities.
Although the property lacks direct road access and services, the opportunities are limited only by your imagination. Surrounded by modern developments and well-maintained homes, this parcel of land presents long-term value and a pleasant living environment STCA.
This is a rare opportunity to plan for the future and secure a block in the centre of Colac. Contact us today to register your interest!
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Property Details for 8 Stepnell Cres, Colac

Building Type
Land
Land Size
765m2

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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 5,512 properties. Over the last 5 years, Houses in Colac have seen a 42.43% increase in median value, while Units have seen a 26.08% increase. As at 30 November 2024:

  • The median value for Houses in Colac is $444,729 while the median value for Units is $397,860.
  • Houses have a median rent of $430 while Units have a median rent of $368.
There are currently 18 properties listed for sale, and 6 properties listed for rent in Colac on OnTheHouse. According to CoreLogic's data, 205 properties were sold in the past 12 months in Colac.

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Rhyley Edge
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Toby Kent
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Ray White Colac
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