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.
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!
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:
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