SOLD
Sold on 05 Jul 2024 for $220,000

2/7 Moet Street
Colac VIC 3250

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 41m2
Land area: 143m2
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Property Details for 2/7 Moet St, Colac

2/7 Moet St, Colac is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 143m2 and floor size of 41m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Colac in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
41m2
Land Size
143m2
Local Government
Colac Otway
Lot/Plan
2/RP16665

Last Listing description (September 2024)

This cosy one-bedroom unit, set on a 143m2 block north of Murray Street, offers charming and functional living space within a well-maintained and cohesive community. The kitchen features a brand-new electric oven, cream cabinetry, and laminate bench tops, combining style with practicality. Hardwood flooring runs throughout the kitchen, dining, and living areas, adding warmth and character to the home, complemented by a brand-new split system for optimal comfort.

The bedroom is equipped with a built-in robe and heating and adjoins the combined bathroom and laundry area. The bathroom includes a shower over a corner bath, a vanity, and a toilet, along with a laundry sink and space for a washing machine, ensuring convenience and efficient use of space.

Outdoor access is provided via a ramp leading to a cedar garden shed, ideal for additional storage, a small garden area and back deck . The north-facing front windows are fitted with electric roller shutters, enhancing both privacy and security, while a security camera and lights further ensure peace of mind. Additionally, there is a small utility room perfect for extra storage needs. The unit also features a private front veranda, adding a delightful outdoor space.

The property's location north of Murray street, offers easy walking access to the lake and gardens, providing a scenic and serene environment. In the current market this property would be advantageous to produce an income of $250 - $270 per week.

*All information about the property has been provided to Richardson Real Estate by third parties. Richardson Real Estate has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property.

Property History for 2/7 Moet St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$220,000
05 Jul 2024
  • 05 Jul 2024
    Sold for $220,000
  • 18 Jun 2024
    Listed for Sale Not Disclosed
  • 23 Aug 2011
    Sold for $127,000
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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.

Suburb Insights for Colac 3250

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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.