2/22 Polwarth StreetColac VIC 3250
Property Details for 2/22 Polwarth St, Colac
2/22 Polwarth St, Colac is a 1 bedroom, 1 bathroom Unit. The property has a land size of 104m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in September 2022.
Last Listing description (October 2022)
Set within walking distance to the CBD and around the corner from IGA supermarket, this one bedroom unit is perfectly suited to an investor or retiree.
The compact unit offers a generous north facing lounge which is open with the kitchen, offering plenty of storage and electric cooking. The large light filled bedroom provides built in robes. A spacious bathroom is combined with the laundry and provides shower and separate toilet. Outside, the generous courtyard would be perfect for the garden enthusiast with plenty of scope to further develop,
Nestled in a convenient location within easy walking distance to the Botanic Gardens and CBD, this great value property would be a fantastic addition to the investment portfolio or as a downsizer.
Property History for 2/22 Polwarth St, Colac, VIC 3250
- 30 Sep 2022Sold for $239,000
- 31 Aug 2022Listed for Sale $239,000
- 28 Jul 1998Sold for $35,000
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0About 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.
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