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Sold on 26 Nov 2024 - Price Unavailable

1 Edgar Street
Colac VIC 3250

Bedrooms: 10
Bathrooms: 7
Car spaces: 7
Floor area: 81m2
Land area: 2227m2
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Charles Stewart Colac Residential & Rentals
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Property Details for 1 Edgar St, Colac

1 Edgar St, Colac is a 10 bedroom, 7 bathroom Unit with 7 parking spaces and was built in 1979. The property has a land size of 2227m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 10 bedroom Unit sold in Colac in the last 12 months.

Building Type
Unit
Year Built
1979
Floor Size
81m2
Land Size
2227m2
Local Government
Colac Otway
Lot/Plan
16/LP4559

Last Listing description (November 2024)

1-4/1 Edgar Street, Colac and 6, 6A and 6B William Street, Colac

On offer is not one, not two but seven self-contained units in one of Colac's most desirable residential areas.
Situated just a short walk to town and to Lake Colac, the location is within close proximity to Colac Primary School and two of the region's largest employers, AKD Softwoods and Australian Lamb Company.

Providing an attractive return of more than 8%, with potential for increased rental in the future, this is a fantastic opportunity for investors to increase their portfolio.

Unit 1/1 Edgar Street - 2 bed, 1 bath, 1 car
- Gas heater, kitchen with electric cooking
Unit 2/1 Edgar Street - 2 bed, 1 bath, 1 car
- Recently received a fresh coat of paint, updated shower and new floor coverings
Unit 3/1 Edgar Street - 1 bed, 1 bath, 1 car
- Gas heater, gas cooking
Unit 4/1 Edgar Street - 1 bed, 1 bath, 1 car
- Gas heater, electric cooking

Unit 1/6 William Street - 2 bed, 1 bath
- Gas heater, electric cooking, large bathroom with bath and separate shower
Unit 2/6 William Street - 1 bed, 1 bath 1 car
- Gas heater, electric cooking, polished floorboards
Unit 3/6 William Street - 1 bed, 1 bath, 1 car
- Gas heater, electric oven, polished floorboards

Inspections is strictly by appointment. Please contact our sales team to arrange an appropriate time.

DISCLAIMER: While utmost care has been taken to verify the accuracy of the information provided above, it should not be construed as a representation by the vendor or the agent/agency. All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.

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Property History for 1 Edgar St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
26 Nov 2024
Listed for Rent
$135/w
16 Aug 2008
  • 26 Nov 2024
    Sold
  • 04 Jun 2024
    Listed for Sale Not Disclosed
  • 16 Apr 2008
    Listed for Rent - Price not available
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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 5,511 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 16 properties listed for sale, and 6 properties listed for rent in Colac on OnTheHouse. According to CoreLogic's data, 200 properties were sold in the past 12 months in Colac.

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