OFF MARKET

101 Murray Street E
Colac VIC 3250

Bedrooms: 3
Bathrooms: 1
Car spaces: 5
Floor area: 96m2
Land area: 676m2
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Property Details for 101 Murray St E, Colac

101 Murray St E, Colac is a 3 bedroom, 1 bathroom House with 5 parking spaces and was built in 1965. The property has a land size of 676m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Year Built
1965
Floor Size
96m2
Land Size
676m2
Local Government
Colac Otway
Lot/Plan
23/LP20575

Last Listing description (February 2016)

Be quick and secure this cosy three bedroom home perfect as a first home or investment, minutes to school, kinder and IGA Supermarket.
The home has been updated with a renovated kitchen, dishwasher and heaps of cupboard space and adjoins the lounge with the ever popular polished timber floors, modern downlights and reverse cycle air conditioner. Keeping the home at the right temperature will never be a problem as you also have gas central heating and if ambiance is required a wood fire. Off the main hallway you will find the three bedrooms all with built in robes and family bathroom with separate shower and bathtub.
Outside you have a single carport, double garage, new roof, fully fenced rear yard and sunny deck area so if you are looking for an affordable home with renovations under way and only 10 minute walk into town with IGA just up the road.

This home currently rents at $280 per week, giving the savy investor a return of over 8%, certainly worthy of consideration.

Property History for 101 Murray St E, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$338,000
04 Sep 2023
Listed for Rent
$280/w
20 May 2015
  • 04 Sep 2023
    Sold for $338,000
  • 28 Oct 2015
    Sold for $177,000
  • 08 Oct 2015
    Listed for Sale $179,000
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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 5,512 properties. Over the last 5 years, Houses in Colac have seen a 42.29% increase in median value, while Units have seen a 28.04% increase. As at 31 October 2024:

  • The median value for Houses in Colac is $441,147 while the median value for Units is $368,492.
  • Houses have a median rent of $440 while Units have a median rent of $365.
There are currently 19 properties listed for sale, and 5 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.