2/21 Ross St, Colac is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 258m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in September 2018.
This two bedroom unit is in a very neat five unit development. Offering two good sized bedrooms with built in robes and bathroom that offers toilet, vanity and separate shower. Impressive north facing lounge open to the well appointed kitchen with gas cooking and ample bench space. There is also gas heating to keep you warm on those chilly winter nights. The unit has been carpeted throughout. Off street vehicle parking is by the single carport with access to the secure backyard.
This unit will certainly surprise you with its well set out floorplan and is definitely going to suit a large range of buyers from the elderly to the young person, couple or investor. Currently leased at $210 per week, presenting a rental yield of over 5%. You will not be disappointed in having an inspection and the unit is priced to sell so don't delay!
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:
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