OFF MARKET

26 Gravesend Street
Colac VIC 3250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 584m2
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Last updated 18 Nov 2024
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Property Details for 26 Gravesend St, Colac

26 Gravesend St, Colac is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1910. The property has a land size of 584m2. While the property is not currently for sale or for rent, it was last sold in February 2016.

Building Type
House
Year Built
1910
Land Size
584m2
Local Government
Colac Otway
Lot/Plan
1/TP257772

Last Listing description (May 2016)

Ideally located this weatherboard home awaits the astute investor, developer, first home buyer or renovator. The current home offers three bedrooms, kitchen/dining, lounge, bathroom, toilet and laundry and certainly is in need of some restoration work. Complementing the home is the near new colorbond garage with concrete floor with access via the rear lane. Properties this close to the CBD, Bowls Clubs & Central Reserve rarely come onto the market so make the most of this unique opportunity.

Property History for 26 Gravesend St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$150,000
09 Feb 2016
  • 09 Feb 2016
    Sold for $150,000
  • 17 Nov 2015
    Listed for Sale $167,000
  • 11 Sep 2006
    Sold for $120,000
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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 5,512 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, 194 properties were sold in the past 12 months in Colac.

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