SOLD
Sold on 11 Oct 2024 for $389,000

2/57 Pollack Street
Colac VIC 3250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
Land area: 192m2
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Property Details for 2/57 Pollack St, Colac

2/57 Pollack St, Colac is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 192m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Colac in the last 12 months.

Building Type
Unit
Year Built
1960
Floor Size
57m2
Land Size
192m2
Local Government
Colac Otway
Lot/Plan
2/RP7924

Last Listing description (January 2015)

Purchasing a neat and tidy, brick unit North of Murray in one of Colac's best streets with a price tag of $150,000 and a rental return of $165 per week makes perfect sense. Add to that the opportunity to buy all three and you would be crazy not to look!

The home is composed of a simple and functional floor plan with two bedrooms both featuring BIR and there is electric heating and cooling, private courtyard
and a single carport.

Investing can be simple, straightforward and very successful. Look to the Pollack Street Units for a great addition to your portfolio.

Lynne Cole

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Property History for 2/57 Pollack St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$389,000
11 Oct 2024
Listed for Rent
$170/w
16 Aug 2013
  • 11 Oct 2024
    Sold for $389,000
  • 13 Jul 2021
    Sold for $279,000
  • 18 Jan 2018
    Sold for $135,000
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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 5,511 properties. Over the last 5 years, Houses in Colac have seen a 42.43% increase in median value, while Units have seen a 26.08% increase. As at 30 November 2024:

  • The median value for Houses in Colac is $444,729 while the median value for Units is $397,860.
  • Houses have a median rent of $430 while Units have a median rent of $368.
There are currently 16 properties listed for sale, and 6 properties listed for rent in Colac on OnTheHouse. According to CoreLogic's data, 200 properties were sold in the past 12 months in Colac.

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