OFF MARKET

16 Thomas Street
Colac VIC 3250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 123m2
Land area: 950m2
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Property Details for 16 Thomas St, Colac

16 Thomas St, Colac is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 950m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
House
Year Built
1950
Floor Size
123m2
Land Size
950m2
Local Government
Colac Otway
Lot/Plan
9/LP6334

Last Listing description (February 2019)

Behind a charming weatherboard facade is a sweetheart home with plenty of exciting options available to the lucky purchaser.
Primed for development (STCA), ready for rental or move in, the next residents will enjoy plenty of yard space in a quiet location on a no through road, just a stone's throw away from the Eastern Reserve and Joseph Paatch Reserve.
Lovely polished timber floorboards and a neutral colour palette are paired with a practical floor plan including a formal lounge room with split system, eat in kitchen, three bedrooms, a family bathroom, separate toilet and laundry.

Outside, the low maintenance yard has plenty of space for kids and pets to play as well as a mature spruce tree.
A variety of off-street parking options are also available with a single garage and long driveway.
The generous allotment of 950 sqm (approx.) has the added potential of dual street frontage with Talbot street, offering a possible future subdivision opportunity (STCA).
The home has been freshly painted inside, with all new blinds, kitchen and split system adding to this fabulous package.

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Property History for 16 Thomas St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$311,000
27 Nov 2018
Listed for Rent
24 Dec 2014
  • 27 Nov 2018
    Sold for $311,000
  • 13 Nov 2018
    Listed for Sale Not Disclosed
  • 10 Apr 2015
    Sold for $237,500
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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, 198 properties were sold in the past 12 months in Colac.

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