SOLD
Sold on 11 Jun 2024 for $348,000

3/25-27 Gellibrand Street
Colac VIC 3250

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 81m2
Land area: 140m2
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Property Details for 3/25-27 Gellibrand St, Colac

3/25-27 Gellibrand St, Colac is a 2 bedroom, 1 bathroom Unit and was built in 1979. The property has a land size of 140m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Colac in the last 12 months.

Building Type
Unit
Year Built
1979
Floor Size
81m2
Land Size
140m2
Local Government
Colac Otway
Lot/Plan
3/RP11071

Last Listing description (August 2024)

Situated on the corner of one of Colac's most sought after streets, 3/25 - 27 Gellibrand Street offers a low maintenance two bedroom brick unit with a single garage and paved courtyard. Both bedrooms offer built in robes and the kitchen and bathroom are simple yet functional and the lounge welcomes the morning sun.
Easy living can be done with the position offering a short walk to the supermarket, hospital, restaurants, and the lake whilst the body corporate takes care of the lawns and maintenance! What a location on the Northside!

Property History for 3/25-27 Gellibrand St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$348,000
11 Jun 2024
  • 11 Jun 2024
    Sold for $348,000
  • 06 Nov 2023
    Listed for Sale Not Disclosed
  • 07 May 2021
    Sold for $342,000
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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 5,500 properties. Over the last 5 years, Houses in Colac have seen a 45.19% increase in median value, while Units have seen a 25.38% increase. As at 31 August 2024:

  • The median value for Houses in Colac is $440,188 while the median value for Units is $350,584.
  • Houses have a median rent of $430 while Units have a median rent of $365.
There are currently 19 properties listed for sale, and 6 properties listed for rent in Colac on OnTheHouse. According to CoreLogic's data, 196 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.