3 Manifold StreetColac VIC 3250
Property Details for 3 Manifold St, Colac
3 Manifold St, Colac is a 3 bedroom, 1 bathroom House. The property has a land size of 988m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Colac in the last 12 months.
Last Listing description (May 2024)
Set on one of Colac's most desirable streets, just a short stroll to the Lake Bowls Club, St Mary's Primary School and Lake Colac with the Main Street just around the corner. Offering potential in abundance to bring a classic beauty to modern life or restore with respect to the original period. It isn't for the faint hearted though! Structural works are in progress but the vendor has paused the process.
Take advantage of this versatile 988sqm property by investing/land banking now, jumping straight into planning a subdivision or perhaps designing townhouses (STCA) or getting to work to restore this beauty.
3 Manifold Street is surrounded by character and charm in this unbeatable location it is sure to be a standout once complete, move quickly!
Property History for 3 Manifold St, Colac, VIC 3250
- 19 Mar 2024Sold for $525,000
- 07 Mar 2024Listed for Sale $495,000 - $545,000
- 01 Sep 1989Sold for $75,000
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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.
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