OFF MARKET

2/21 Ross Street
Colac VIC 3250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 258m2
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Last updated 11 Nov 2024
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Property Details for 2/21 Ross St, Colac

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.

Building Type
Unit
Year Built
1980
Floor Size
83m2
Land Size
258m2
Local Government
Colac Otway
Lot/Plan
2/PS327833

Last Listing description (December 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!

Property History for 2/21 Ross St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$205,000
06 Sep 2018
Listed for Rent
22 Jul 2016
  • 06 Sep 2018
    Sold for $205,000
  • 22 May 2018
    Listed for Sale $215,000
  • 23 Jun 2016
    Listed for Rent - Price not available
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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, 194 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.