3/12 Manifold StreetColac VIC 3250
Property Details for 3/12 Manifold St, Colac
3/12 Manifold St, Colac is a 2 bedroom, 1 bathroom Unit. The property has a land size of 131m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Last Listing description (May 2023)
Low maintenance, great location and minimal garden If these are the top three things on your check list for your next investment, then look no further.
This low maintenance two-bedroom unit is in the best location, just a short walk to the center of town, with hospitals, cafes and restaurants just up the street.
Walk into the open plan living with kitchen, dining and living area which is a generous size and features electric cooking and plenty of cupboard space. With easy to care for vinyl flooring, a gas wall heater and split system to accommodate all types of weather.
Both bedrooms have built-in robes and new carpet with neutral tones to make your own relaxing space. The bathroom/laundry includes a shower, vanity and laundry sink with a separate toilet located near the bedrooms.
This unit has a practical layout with an east facing courtyard, ideal for the downsizer, retired couple or the astute investor who can expect a rent return of $300 - $320 per week.
Property History for 3/12 Manifold St, Colac, VIC 3250
- 11 Apr 2023Sold for $320,000
- 02 Nov 2022Listed for Sale $340,000
- 01 Sep 1989Sold for $66,500
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0About 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.
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