SOLD
Sold on 07 May 2024 for $480,000

31 Polwarth Street
Colac VIC 3250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 120m2
Land area: 850m2
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Property Details for 31 Polwarth St, Colac

31 Polwarth St, Colac is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1955. The property has a land size of 850m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Colac in the last 12 months.

Building Type
House
Year Built
1955
Floor Size
120m2
Land Size
850m2
Local Government
Colac Otway
Lot/Plan
1/TP947479

Last Listing description (February 2019)

This contemporary three-bedroom home offers affordability for the first home buyer or investor who wants to add value with some upgrades/renovations. Features include lounge room with decorative ceilings, eat in kitchen with gas cooking, separate toilet and bathroom with separate shower and a gas hot water system. Outside features include a magnificent art deco chimney, solar system, established gardens, single garage and carport, all set on 850 sqm (approx.) allotment. This home is located within a very short distance from Colac Primary School, Colac East Kindergarten, IGA supermarket as well as ALC, AKD, Bulla and Barongarook Gardens.

Property History for 31 Polwarth St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$480,000
07 May 2024
  • 07 May 2024
    Sold for $480,000
  • 20 Dec 2018
    Sold for $249,000
  • 04 Dec 2018
    Listed for Sale SOLD
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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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