OFF MARKET

3/8 Mcadam Crescent
Colac VIC 3250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
Land area: 230m2
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Property Details for 3/8 Mcadam Cres, Colac

3/8 Mcadam Cres, Colac is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1979. The property has a land size of 230m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
1979
Floor Size
81m2
Land Size
230m2
Local Government
Colac Otway
Lot/Plan
3/RP5301

Last Listing description (September 2023)

Situated in a small block of just 3, this immaculate two-bedroom villa unit offers independent living at its finest. Perfect as an entry-level home, investment property, or downsizing option, this charming villa is nestled in the beautiful town of Colac. With multiple parks right at your doorstep and close proximity to shops and schools, it provides a convenient and comfortable lifestyle.

1. Secure single-car parking space with dual access via the main living area and kitchen, offering privacy and versatility.
2. Functional bathroom with separate shower ensuring relaxation and comfort.

3. Carpeted bedrooms, both equipped with built-in robes, providing ample storage space and a cosy atmosphere.
4. Well-appointed kitchen featuring a gas cooktop and plenty of storage options, making meal preparation a breeze.
5. Split System adds to the comfort of the living space.
6. Close proximity to the lake, allowing residents to enjoy peaceful walks and scenic views.
7. A short drive to shops and all local amenities, ensuring easy access to daily necessities.

Property History for 3/8 Mcadam Cres, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$275,000
22 Jul 2023
  • 22 Jul 2023
    Sold for $275,000
  • 29 Jun 2023
    Listed for Sale $280,000 - $305,000
  • 02 Nov 2020
    Listed for Sale $280,000
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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, 198 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.