OFF MARKET

126A Murray Street
Colac VIC 3250

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 288m2
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Last updated 26 Feb 2024
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Property Details for 126a Murray St, Colac

Building Type
Commercial
Land Size
288m2
Local Government
Colac Otway
Lot/Plan
1/TP394186

Last Listing description (March 2023)

Centrally located, only minutes from shops, cafes and supermarkets is this beautifully presented historic townhouse, offering 2 bedrooms, 2 bathrooms and an office. A large living and dining area is adjacent to a modern, well-appointed kitchen with electric appliances, dishwasher and huge pantry.
The main bedroom has a large ensuite bathroom with spa, and there is a second smaller bathroom and European laundry. The office space would also double as a third bedroom if necessary.
Situated on the second floor, the property is accessed by a staircase to a large outdoor entertaining deck. There are 2 off street secure car-parks with this townhouse. The townhouse is partly furnished and will ideally suit a couple or business person working in the region, available for lease on flexible terms that include long or shorter-term tenancies.

Property History for 126a Murray St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$910,000
06 Oct 2023
Listed for Rent
$450/w
09 Mar 2023
  • 06 Oct 2023
    Sold for $910,000
  • 22 Nov 2022
    Listed for Rent - Price not available
  • 15 May 2003
    Sold for $325,000

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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 5,501 properties. Over the last 5 years, Houses in Colac have seen a 43.94% increase in median value, while Units have seen a 26.16% increase. As at 30 September 2024:

  • The median value for Houses in Colac is $432,100 while the median value for Units is $358,319.
  • Houses have a median rent of $430 while Units have a median rent of $360.
There are currently 18 properties listed for sale, and 5 properties listed for rent in Colac on OnTheHouse. According to CoreLogic's data, 188 properties were sold in the past 12 months in Colac.

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