13 Railway StreetColac VIC 3250
Property Details for 13 Railway St, Colac
13 Railway St, Colac is a 2 bedroom, 1 bathroom House. The property has a land size of 662m2. While the property is not currently for sale or for rent, it was last sold in November 1980.
Last Listing description (November 2024)
This residentially zoned block offers an incredible opportunity with a generous 658m? of land, perfect for those looking to invest in a property with ample potential. The existing dwelling is a renovator?s dream, providing a solid foundation for creative vision and the chance to transform this space into something truly special. It?s an ideal find for developers seeking a project in a prime location, or for first-home buyers who are ready to put in a bit of TLC and make this house their home.
Situated in close proximity to the CBD, this property combines convenience with potential, offering easy access to supermarkets, transport options including the nearby train station, and a range of local amenities. Whether you?re drawn to the investment possibilities or the opportunity to craft a personalised residence, this property promises both location and potential in one.
*All information about the property has been provided to Richardson Real Estate by third parties. Richardson Real Estate has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property.
Property History for 13 Railway St, Colac, VIC 3250
- 06 Nov 2024Listed for Sale $320,000 to $350,000
- 04 Jan 2013Listed for Rent - Price not available
- 04 Apr 2007Listed for Rent - Price not available
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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 5,500 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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