OFF MARKET

14 Richmond Street
Colac VIC 3250

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 108m2
Land area: 725m2
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Last updated 18 Nov 2024
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Property Details for 14 Richmond St, Colac

14 Richmond St, Colac is a 3 bedroom, 1 bathroom Unit and was built in 1960. The property has a land size of 725m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
Unit
Year Built
1960
Floor Size
108m2
Land Size
725m2
Local Government
Colac Otway
Lot/Plan
176/LP50939

Last Listing description (November 2022)

Colac to Coast Real Estate like to think of ourselves as matchmakers, we make it our mission to find the perfect match for every property. 14 Richmond Street is looking for a little love. Its best attributes are:
- A single storey dwelling with fabulous potential
- A generous 725sqm block

- Two living areas
- Location so close to schools, Wydinia Kindergarten and the playground just down the street

Now as far as looks go...it may not be at its best right now but with some investment and vision, we are confident this property can return to its former glory.

If you have been looking to enter the market, perhaps considering using your skills to grow your wealth, we have no doubt that this property has a bright future. We think this property is a match made in tradie heaven!

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Property History for 14 Richmond St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$340,000
15 Sep 2022
Listed for Rent
$190/w
27 Mar 2013
  • 15 Sep 2022
    Sold for $340,000
  • 10 Dec 2019
    Sold for $237,000
  • 16 Jul 2019
    Listed for Sale $297,000
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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, 198 properties were sold in the past 12 months in Colac.

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