1 Mckenzie StreetColac VIC 3250
Property Details for 1 Mckenzie St, Colac
1 Mckenzie St, Colac is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 720m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 3 bedroom House sold in Colac in the last 12 months.
Last Listing description (December 2024)
1 McKenzie Street offers you a great opportunity to make a venture into the property market or with rental potential of $380 per week, this home would also be a savvy buy for the smart investor.
Features we love include:
- Updated kitchen with electric cooking, ample storage and plenty of bench space
- Three generous sized bedrooms
Set on a spacious 719sqm allotment, the backyard has been lovingly cared for with established gardens, yet still provides plenty of potential to be further developed. All within close proximity to schools, the main street and Bluewater Fitness Centre, 1 McKenzie Street is ideal for those looking to get into the market or expand their investment portfolio.
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.
Property History for 1 Mckenzie St, Colac, VIC 3250
- 21 Nov 2024Sold for $340,000
- 09 Oct 2024Listed for Sale $349,000
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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.
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