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Sold on 15 Dec 2023 - Price Unavailable

159 Hearn Street
Colac VIC 3250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 2037m2
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Property Details for 159 Hearn St, Colac

159 Hearn St, Colac is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 2037m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Colac in the last 12 months.

Building Type
House
Land Size
2037m2
Local Government
Colac Otway
Lot/Plan
1/TP371329

Last Listing description (December 2023)

Set in a perfect location and within easy reach of an array of schools, this half acre (approx.) size property is sure to attract plenty of interest. Whether you're looking for a fantastic block of land for subdivision / development STCA, your next renovation project or an investment opportunity - there is no doubt 159 Hearn St has endless potential!

Inside, you will be greeted by period features including high ceilings, original wooden wall paneling, as well as fireplaces, timber fretwork and stained glass windows, along with floorboards and picture rails, providing much sought after charm and character.

With 3 generous sized bedrooms on offer and a large living zone including an updated kitchen, the house is more than functional but with a small tweak of the existing floorplan the living space could become a fabulous modern open plan living zone making it the perfect place for spending precious time year round with family and friends.

Add ducted central heating and reverse cycle air conditioning as well as a large north facing undercover patio overlooking the fully fenced back yard and all of your creature comforts are well and truly catered for.

Alternatively, the block size is definitely an attractive prospect for savvy developers looking for their next project. Having had an excellent rental history and positioned in an established street in central Colac this property is conveniently located near local amenities and schools. The surrounding nature and urban landscape create a picturesque setting for you to enjoy.

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Property History for 159 Hearn St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
15 Dec 2023
Listed for Rent
$450/w
19 Mar 2024
  • 19 Mar 2024
    Listed for Rent - Price not available
  • 15 Dec 2023
    Sold for $600,000
  • 21 Nov 2023
    Listed for Sale AUCTION
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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 5,501 properties. Over the last 5 years, Houses in Colac have seen a 43.94% increase in median value, while Units have seen a 26.16% increase. As at 30 September 2024:

  • The median value for Houses in Colac is $432,100 while the median value for Units is $358,319.
  • Houses have a median rent of $430 while Units have a median rent of $360.
There are currently 18 properties listed for sale, and 5 properties listed for rent in Colac on OnTheHouse. According to CoreLogic's data, 188 properties were sold in the past 12 months in Colac.

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