220 Wilson St, Colac is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 889m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in June 2016.
On a level block of 889sqm with vehicle access to the backyard via the laneway this 2/3 bedroom home is the ideal entry level home for a couple, tradie or young family. The property boasts gas central heating, an updated kitchen in cream and grey and modern bathroom. There is storage aplenty in all three bedrooms, the third bedroom provides access to the sunroom, laundry and separate loo. There is excellent value adding potential and will most certainly appeal to the renovator wanting to continue with the upgrades already completed. Just a short walk to South West Primary School and Wydinia Kindergarten. The backyard features a kids play area and shed with concrete floor and power connected. Previously tenanted at $260 per week this property represents an investment opportunity.
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:
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