OFF MARKET

2/10 Gravesend Street
Colac VIC 3250

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 88m2
Land area: 118m2
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Last updated 11 Nov 2024
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Property Details for 2/10 Gravesend St, Colac

2/10 Gravesend St, Colac is a 2 bedroom, 1 bathroom Unit. The property has a land size of 118m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Floor Size
88m2
Land Size
118m2
Local Government
Colac Otway
Lot/Plan
2/RP11484

Last Listing description (May 2021)

This brick veneer two-bedroom unit has so much to offer. Situated in a convenient central location, offering only a short walk to the main street and all its amenities.
Inside, the lounge room includes reverse cycle air conditioning and adjoins the functional kitchen, comprising of electric cooking and vibrant 70's flamingo pink overhead cabinetry. Storage should never be a problem with both bedrooms providing built in robes as well as built in storage in the hall. Set on a low maintenance block, the courtyard allows space to make your own veggie garden. Unit 2 10 Gravesend Street has excellent potential for buyers to bring the property into modern times. If you are looking for an investment, this unit has a potential rental income of $250 per week.
Just 1km to the supermarket, hospital, and a hop, skip and jump to the train station, simply move in and appreciate leaving the car at home each morning.

Property History for 2/10 Gravesend St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$392,777
06 Jun 2022
  • 06 Jun 2022
    Sold for $392,777
  • 06 Apr 2021
    Sold for $270,000
  • 10 Mar 2021
    Listed for Sale $255,000
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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.