SOLD
Sold on 19 Apr 2024 for $410,000

1/1 Skene Street
Colac VIC 3250

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 81m2
Land area: 208m2
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Property Details for 1/1 Skene St, Colac

1/1 Skene St, Colac is a 2 bedroom, 1 bathroom Unit and was built in 1994. The property has a land size of 208m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Colac in the last 12 months.

Building Type
Unit
Year Built
1994
Floor Size
81m2
Land Size
208m2
Local Government
Colac Otway
Lot/Plan
1/PS333351

Last Listing description (June 2024)

Situated in the heart of town, this two-bedroom brick unit is located in the central business district, ideal for those that like to leave the car at home and walk. Both bedrooms are generous in size with built-in robes and are serviced by the centrally located bathroom with a separate shower, vanity and bath.
The light filled living room opens up to the dining area and kitchen which has an electric stove, overhead cupboards and breakfast bar. The unit has a split system unit and gas heater for year round comfort.
Outside you'll find a single car garage, a simple and low maintenance concrete backyard perfect to enjoy your morning and afternoon cuppa in privacy.

Property History for 1/1 Skene St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$410,000
19 Apr 2024
Listed for Rent
21 Dec 2021
  • 19 Apr 2024
    Sold for $410,000
  • 26 Mar 2024
    Listed for Sale Not Disclosed
  • 09 Dec 2021
    Listed for Rent $310 / week
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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 5,500 properties. Over the last 5 years, Houses in Colac have seen a 45.19% increase in median value, while Units have seen a 25.38% increase. As at 31 August 2024:

  • The median value for Houses in Colac is $440,188 while the median value for Units is $350,584.
  • Houses have a median rent of $430 while Units have a median rent of $365.
There are currently 19 properties listed for sale, and 6 properties listed for rent in Colac on OnTheHouse. According to CoreLogic's data, 196 properties were sold in the past 12 months in Colac.

Suburb Insights for Colac 3250

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.