OFF MARKET

15 Brown Street
Colac VIC 3250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 101m2
Land area: 862m2
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Last updated 11 Nov 2024
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Property Details for 15 Brown St, Colac

15 Brown St, Colac is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 862m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in September 2018.

Building Type
House
Floor Size
101m2
Land Size
862m2
Local Government
Colac Otway
Lot/Plan
10/LP13179

Last Listing description (January 2019)

Looking to renovate or rebuild?
If you have been considering using your talents to renovate then look no further. 15 Brown Street presents tradespeople and handypersons the opportunity to enter the property market and create a future rental investment or flipper within the centre of town. Neighbouring the recently renovated Central Reserve, the home of the Colac Tigers Netball and Football club, hockey and soccer club and City Bowling Club. Walking distance to Bluewater Fitness Centre, Colac Secondary College and the milk bar for the milk and bread each day. There is no doubt the location is convenient for all ages and the generous allotment of 862sqm provides scope for future development (STCA).
With interest rates still at an all time low, investing in real estate has never been so affordable. The possibilities are big and we welcome you to take a look!

Property History for 15 Brown St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$148,000
26 Sep 2018
  • 26 Sep 2018
    Sold for $148,000
  • 13 Sep 2018
    Listed for Sale For Sale now or by Auction
  • 11 Sep 2003
    Transferred

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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, 194 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.