55 Banksia St, Colo Vale is a 2 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 809m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
This unpolished gem is ready and waiting for a new lease of life which is bursting with potential, whether you're looking for your first home, or investors looking at renovating and reaping the rewards with future potential for granny flat with great side access subject to council approval. Set on a large 836sm block sits this two bedroom clad and iron home which features combined lounge and dining area, original bathroom and internal laundry. With a little imagination you could create a beautiful home in a prime position with ample grassed areas for detached shedding. Properties like this are in demand so call today to avoid disappointment.
The size of Colo Vale is approximately 65.7 square kilometres. It has 4 parks covering nearly 23.7% of total area. The population of Colo Vale in 2011 was 1,718 people. By 2016 the population was 1,616 showing a population decline of 5.9% in the area during that time. The predominant age group in Colo Vale is 40-49 years. Households in Colo Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Colo Vale work in a trades occupation. In 2011, 78.4% of the homes in Colo Vale were owner-occupied compared with 79.2% in 2016.
Colo Vale has 800 properties. Over the last 5 years, Houses in Colo Vale have seen a 66.48% increase in median value. As at 31 October 2024:
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