OFF MARKET

3 Johnstone Crescent
Colac VIC 3250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 100m2
Land area: 532m2
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Last updated 11 Nov 2024
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Property Details for 3 Johnstone Cres, Colac

3 Johnstone Cres, Colac is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 532m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Year Built
1960
Floor Size
100m2
Land Size
532m2
Local Government
Colac Otway
Lot/Plan
11/LP21681

Last Listing description (October 2024)

The Oxford dictionary states that Revival (noun) is an improvement in the condition of something. Well 3 Johnstone Crescent exemplifies just that! In recent months, the vendors have poured hours of time and capital into modernising this three bedroom home making for a light and bright makeover.

Polished timber flooring flows through the property, with the wet areas and kitchen boasting large striking tiles. A split system air conditioner in the cosy lounge, takes care of the heating and cooling. The well laid out floorplan offers the convenience of two toilets too!

On a 532sqm block with two car garages, 3 Johnstone Crescent offers a lifestyle of ease within a short walk to the town's amenities such as Colac Secondary College and Bluewater Fitness Centre. An affordable price point with improvements galore - revival mode has been activated!

*Please note there are now renters in place until January 21st.
The current renters are paying $500 per week as the property is fully furnished.

Property History for 3 Johnstone Cres, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$340,000
31 Jul 2023
Listed for Rent
$260/w
22 Dec 2015
  • 23 Sep 2024
    Listed for Sale $395,000 - $435,000
  • 31 Jul 2023
    Sold for $340,000
  • 28 Nov 2019
    Sold for $235,000
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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.