OFF MARKET

1B Railway Street
Colac VIC 3250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 132m2
Land area: 349m2
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Property Details for 1b Railway St, Colac

1b Railway St, Colac is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2010. The property has a land size of 349m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in July 2013.

Building Type
Unit
Year Built
2010
Floor Size
132m2
Land Size
349m2
Local Government
Colac Otway
Lot/Plan
3/PS618252

Last Listing description (September 2013)

WHEN LOCATION MATTERS!
DON'T SIT BACK AND PROCRASTINATE. THIS TOWNHOUSE POSITIONED IN A BLOCK OF THREE, IS SITUATED IN ONE OF COLAC'S MOST CONVENIENT LOCATIONS WITHIN A SHORT STROLL OF THE TOWNS CAFES, RESTAURANTS, SHOPS, SUPERMARKET AND CINEMA THIS IMPRESSIVE HOME OFFERS ALL MODERN APPLIANCES. COMPRISING OPEN PLAN KITCHEN/DINING, LARGE LOUNGE, ENTRANCE HALL, AND COMPRISING THREE BEDROOMS MAIN WITH ENSUITE AND WALK IN ROBE. A CENTRAL BATHROOM AND LARGE LAUNDRY ADDS TO THE APPEAL OF THE PROPERTY WHILE ALSO OFFERING DOUBLE GARAGE WITH INTERNAL ACCESS. HE WHO HESITATES IS LOST.

Property History for 1b Railway St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$269,000
07 Jul 2013
  • 24 Jul 2013
    Listed for Sale $285,000
  • 07 Jul 2013
    Sold for $269,000
  • 02 Sep 2011
    Listed for Sale $273,000
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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.

Suburb Insights for Colac 3250

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.