OFF MARKET

30 Mcgonigal Street
Colac VIC 3250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 101m2
Land area: 2155m2
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Last updated 28 Oct 2024
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Property Details for 30 Mcgonigal St, Colac

30 Mcgonigal St, Colac is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 2155m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
House
Floor Size
101m2
Land Size
2155m2
Local Government
Colac Otway
Lot/Plan
2/PS322548

Last Listing description (June 2022)

This may be your first home purchase, you may be looking to undertake a project or invest for the future. With just over half an acre perfect for a large shed, additional vehicles, the trailer, caravan or better yet explore the possibility to construct additional dwellings or subdivide (STCA). The location is ideal for those who like to walk along the lake, enjoy a meal at the East Hotel around the corner or jump in the car and reach Waurn Ponds in 45 minutes.
Currently tenanted achieving $250 per week, this property offers so much to many!

Property History for 30 Mcgonigal St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$500,000
14 Feb 2022
Listed for Rent
$250/w
08 Sep 2020
  • 14 Feb 2022
    Sold for $500,000
  • 04 Jan 2022
    Listed for Sale $535,000
  • 10 Aug 2020
    Listed for Rent $250 / week
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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 5,501 properties. Over the last 5 years, Houses in Colac have seen a 43.94% increase in median value, while Units have seen a 26.16% increase. As at 30 September 2024:

  • The median value for Houses in Colac is $432,100 while the median value for Units is $358,319.
  • Houses have a median rent of $430 while Units have a median rent of $360.
There are currently 18 properties listed for sale, and 5 properties listed for rent in Colac on OnTheHouse. According to CoreLogic's data, 188 properties were sold in the past 12 months in Colac.

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