OFF MARKET

2/26 The Esplanade
Colac VIC 3250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
Land area: 131m2
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Last updated 16 Sep 2024
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Property Details for 2/26 The Esplanade, Colac

2/26 The Esplanade, Colac is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1979. The property has a land size of 131m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in September 1999.

Building Type
Unit
Year Built
1979
Floor Size
81m2
Land Size
131m2
Local Government
Colac Otway
Lot/Plan
2/RP14186

Last Listing description (September 2018)

This two-bedroom unit will come available early September and is waiting for new people to lease. Both large bedrooms have built in robes. Separate lounge room with gas heating and split system. Kitchen comes with electric cooking and dishwasher. Bathroom with shower and bath, separate laundry. The unit is upstairs what means; beautiful views over Lake Colac.
** Applications are pending, no further inspections **

Property History for 2/26 The Esplanade, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$92,000
18 Sep 1999
Listed for Rent
23 Aug 2018
  • 15 Aug 2018
    Listed for Rent - Price not available
  • 29 Aug 2016
    Listed for Rent $235 / week
  • 20 Jul 2015
    Listed for Rent $230 / week
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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 5,501 properties. Over the last 5 years, Houses in Colac have seen a 45.19% increase in median value, while Units have seen a 25.38% increase. As at 31 August 2024:

  • The median value for Houses in Colac is $440,188 while the median value for Units is $350,584.
  • Houses have a median rent of $430 while Units have a median rent of $365.
There are currently 19 properties listed for sale, and 6 properties listed for rent in Colac on OnTheHouse. According to CoreLogic's data, 196 properties were sold in the past 12 months in Colac.

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