SOLD
Sold on 23 May 2024 for $360,000

25 Richmond Street
Colac VIC 3250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 95m2
Land area: 682m2
Sold By
Charles Stewart & Co Pty Ltd
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Property Details for 25 Richmond St, Colac

25 Richmond St, Colac is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 682m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Colac in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
95m2
Land Size
682m2
Local Government
Colac Otway
Lot/Plan
72/LP50940

Last Listing description (July 2024)

Conveniently located, 25 Richmond Street offers a prime opportunity for both first home buyers to enter the market and investors looking to expand their portfolio.
With an open plan kitchen, living and dining, stunning polished floor boards and plenty of natural light flowing through, this home ensures a comfortable atmosphere year-round.
The bright kitchen offers a dishwasher, gas cooktop with electric coven and ample storage and reverse cycle air conditioning and gas heater in the living area. An additional reverse cycle is located in the master bedroom.

The large bathroom/laundry has been updated in a modern colour palette.
This low maintenance property boasts a private and secure backyard with an established garden and single lock up garage, all set on a neat and tidy 683sqm allotment (approximately).
Ideally situated just a short walk to Sacred Heart and Trinity College and within walking distance of the Bluewater Fitness Centre.

DISCLAIMER: While utmost care has been taken to verify the accuracy of the information provided above, it should not be construed as a representation by the vendor or the agent/agency. All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.

Property History for 25 Richmond St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$360,000
23 May 2024
Listed for Rent
$250/w
23 Sep 2015
  • 23 May 2024
    Sold for $360,000
  • 01 May 2024
    Listed for Sale $379,000
  • 04 Mar 2016
    Sold for $175,000
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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 5,499 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.

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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.