12 Douglas StreetColac VIC 3250
Property Details for 12 Douglas St, Colac
12 Douglas St, Colac is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1965. The property has a land size of 896m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Last Listing description (July 2023)
Situated in quiet Douglas Street this low maintenance and well presented home is perfect for investors. Boasting dual zoning (Residential/Industrial), an established strong high yield with a 2 year rolling company lease in place. This great opportunity to invest in a solid return for your portfolio!
The property offers a low maintenance investment to its new purchaser, consisting of 4 bedrooms, separate living areas featuring a cozysplit system air conditioning to make sure your renters are comfortable within their tenancy. The kitchen has all the features you would seek including plenty of benchtop space, electric cooktop, oven and rangehood. The centrally located bathroom, and a very handy separate toilet add to the property conveniences.
Positioned on a block of approximately 896sq meters externally this property offers a full-length driveway with a single garage and attached workshop is a feature. The large backyard is easy to maintain and gives plenty of room for future development into commercial shedding and alternative investment opportunities (STCA).
This is not an opportunity to be missed! Contact us today to register your interest on 52 31 31 31.
Property History for 12 Douglas St, Colac, VIC 3250
- 05 Jun 2023Sold for $430,000
- 09 Dec 2022Listed for Sale $440,000
- 27 Apr 2021Listed for Rent $130 / week
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0About 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.
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