OFF MARKET

22 Corangamite Street
Colac VIC 3250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 432m2
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Property Details for 22 Corangamite St, Colac

22 Corangamite St, Colac is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 432m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
House
Land Size
432m2
Local Government
Colac Otway
Lot/Plan
1/TP390521

Last Listing description (February 2021)

If you have been considering using your talents to renovate a charming Victorian cottage, 22 Corangamite Street presents tradespeople and handypersons the opportunity to secure loads of character and original features with scope to create a future rental investment, flip or restore the property to its former glory.
The floorplan consists of three bedrooms, separate lounge and kitchen, bathroom and laundry. Located in an unbeatable location; north of Murray Street, within walking distance to the Botanical Gardens and Lake Colac, and a short stroll to schools and churches. There is no doubt the location is enviable and the possibilities are big!
With interest rates still at an all time low, investing in real estate has never been so affordable. We welcome you to take a look!

Contact Andrea Ivermee or Lorin Fisk to book your private inspection.

Property History for 22 Corangamite St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$325,000
11 Jan 2021
Listed for Rent
$270/w
08 Dec 2020
  • 11 Jan 2021
    Sold for $325,000
  • 22 Dec 2020
    Listed for Sale $290,000 - $310,000
  • 16 Oct 2020
    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 5,499 properties. Over the last 5 years, Houses in Colac have seen a 49.71% increase in median value, while Units have seen a 29.11% increase. As at 31 July 2024:

  • The median value for Houses in Colac is $459,852 while the median value for Units is $361,583.
  • Houses have a median rent of $430 while Units have a median rent of $360.
There are currently 20 properties listed for sale, and 6 properties listed for rent in Colac on OnTheHouse. According to CoreLogic's data, 193 properties were sold in the past 12 months in Colac.

Suburb Insights for Colac 3250

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Disclaimer
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.