OFF MARKET

1/61 Gravesend Street
Colac VIC 3250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 115m2
Land area: 297m2
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Property Details for 1/61 Gravesend St, Colac

1/61 Gravesend St, Colac is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1991. The property has a land size of 297m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in September 2017.

Building Type
Unit
Year Built
1991
Floor Size
115m2
Land Size
297m2
Local Government
Colac Otway
Lot/Plan
1/PS313473

Last Listing description (January 2018)

Appealing and well-maintained, offering excellent investment potential or a very comfortable home for the owner occupier
- Sunny, light filled living/dining area
- Well-designed Blackwood kitchen

- Two bedrooms, plus large 3rd bedroom or second living area
- Spacious bathroom (Blackwood fixtures and separate shower)
- Good size private outdoor area and single garage.
- Convenient residential location close to schools, library, Bluewater Fitness centre and a short stroll to the CBD.

Property History for 1/61 Gravesend St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$287,000
13 Sep 2017
Listed for Rent
$235/w
16 Sep 2016
  • 13 Sep 2017
    Sold for $287,000
  • 31 Aug 2017
    Listed for Sale $287,000
  • 06 Jul 2016
    Listed for Rent $235 / 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 5,507 properties. Over the last 5 years, Houses in Colac have seen a 39.78% increase in median value, while Units have seen a 38.66% increase. As at 31 January 2025:

  • The median value for Houses in Colac is $451,870 while the median value for Units is $434,351.
  • Houses have a median rent of $430 while Units have a median rent of $360.
There are currently 10 properties listed for sale, and 5 properties listed for rent in Colac on OnTheHouse. According to CoreLogic's data, 211 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.