15 Richmond StreetColac VIC 3250
Property Details for 15 Richmond St, Colac
15 Richmond St, Colac is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 751m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Last Listing description (April 2023)
This outstanding 3 bedroom home on Richmond Street is the perfect first home for those looking to enter the market or would make a fantastic addition to any investment portfolio.
The home features three bedrooms including a master with a built in robe and a spacious loungeroom boasting a gas log fire and air conditioning unit that will keep you comfortable in any weather. The modern and functional kitchen is ideally situated next to the lounge in an open plan space that flows outdoors.
A spacious, decked, outdoor entertaining area, complete with roof and railings is the perfect way to entertain friends and family on those warm summer days and a 2 bay shed and backyard bordered by beautiful established gardens make the outdoors the place to be.
Currently with an excellent return on investment with an established lease this could be the investment you are looking for, or a great first home for those happy to wait. Either way, it's sure to have plenty of interest so talk to us today to register your interest!
Property History for 15 Richmond St, Colac, VIC 3250
- 03 Mar 2023Sold for $405,000
- 05 Jan 2023Listed for Sale $390,000 - $410,000
- 01 Nov 2011Sold for $150,000
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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 5,512 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.
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