16 Donaldson StreetColac VIC 3250
Property Details for 16 Donaldson St, Colac
16 Donaldson St, Colac is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 634m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Colac in the last 12 months.
Last Listing description (April 2024)
Positioned on a generous 634 sqm block, this well-presented three-bedroom residence presents an enticing investment prospect with all the hard work already completed. Constructed with durable cement sheeting and freshly painted, this property seamlessly combines practicality with updates.
The kitchen, adorned with a variety of cupboards and drawers, offers electric cooking facilities, laminate benchtops, and resilient vinyl flooring, catering to both functionality and style.
The living area has been tastefully enhanced with new carpeting, complementing the inviting warmth provided by gas wall heating. Large windows bathe the interiors in natural light, accentuating the charm of the feature timber wall—a detail that adds character and appeal.
Polished floorboards grace all three bedrooms, adding elegance and ease of maintenance to the home, while the bathroom provides a bath and shower to meet everyone’s needs.
At the rear of the home is a lovely east facing undercover decked area with new laser light, making the perfect perch for breakfast and your newspaper. Additionally, a single garage provides secure parking, and the fully fenced property ensures privacy and security.
Conveniently situated within a short stroll from picturesque lake walking tracks, this property offers a serene escape while remaining just a brief drive away from the CBD, schools, and various sporting venues.
An ideal investment opportunity awaits, boasting a seamless blend of comforts and low-maintenance living. With all the necessary renovations completed, this property is primed to deliver both comfort and value for astute investors seeking a hassle-free addition to their portfolio.
Don't miss the chance to secure this turnkey investment property, offering convenience, comfort, and a promising return on investment.
*All information about the property has been provided to Richardson Real Estate by third parties. Richardson Real Estate has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property.
Property History for 16 Donaldson St, Colac, VIC 3250
- 28 Feb 2024Sold for $300,000
- 05 Dec 2023Listed for Sale $310,000 - $330,000
- 11 Jan 2013Listed for Rent - Price not available
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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 5,500 properties. Over the last 5 years, Houses in Colac have seen a 45.19% increase in median value, while Units have seen a 25.38% increase. As at 31 August 2024:
- The median value for Houses in Colac is $440,188 while the median value for Units is $350,584.
- Houses have a median rent of $430 while Units have a median rent of $365.
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