SOLD
Sold on 26 Feb 2024 for $395,000

20 Sinclair Street
Colac VIC 3250

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 126m2
Land area: 924m2
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Property Details for 20 Sinclair St, Colac

20 Sinclair St, Colac is a 2 bedroom, 1 bathroom House and was built in 1960. The property has a land size of 924m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom House sold in Colac in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
126m2
Land Size
924m2
Local Government
Colac Otway
Lot/Plan
1/LP20387

Last Listing description (April 2024)

20 Sinclair Street is situated just one block from Lake Colac and neighbours the laneway leading to the lakeside walking track. Previously leased generating a weekly income of $390 with the opportunity to further modernise in the future, there is also the option to complete the subdivision already in progress. Planning Permit and Plan of Subdivision are currently with council for certification and compliance.

This property offers a neat and simple three bedroom home on an impressive block of 924sqm. Two of the three bedrooms offer built in robes, there are two split system units and the kitchen has a 900mm oven. With a 5m x 9m shed and vehicle access to the backyard, bring the caravan too! Allotments of this size are in limited supply north of Murray Street. We invite you to book a private inspection to see 20 Sinclair Street for yourself.

Property History for 20 Sinclair St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$395,000
26 Feb 2024
Listed for Rent
$390/w
01 Oct 2022
  • 26 Feb 2024
    Sold for $395,000
  • 23 Jan 2024
    Listed for Sale $398,000
  • 05 Sep 2022
    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, 198 properties were sold in the past 12 months in Colac.

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