38-40 Talbot StreetColac VIC 3250
Property Details for 38-40 Talbot St, Colac
Last Listing description (May 2024)
Have you been leasing a shed or space for your caravan and equipment? Situated at the end of a quiet cul de sac and within a short walk to the Eastern Reserve for recreation, the opportunity to purchase half an acre with a 14m x 9m shed and three phase power is here! Offering space for storage, potential to build your dream home or develop the generous parcel (Subject to Council Approval).
Rarely will you find properties in Colac's township offering 2000sqm. Contact Exclusive selling agents Stuart Nelson and Andrea Ivermee to find out more!
Property History for 38-40 Talbot St, Colac, VIC 3250
- 22 Mar 2024Sold for $320,000
- 14 Apr 2023Sold for $505,000
- 15 Mar 2023Listed for Sale EOI Closing Monday April 3rd 2023
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0About 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 5,500 properties. Over the last 5 years, Houses in Colac have seen a 45.19% increase in median value, while Units have seen a 25.38% increase. As at 31 August 2024:
- The median value for Houses in Colac is $440,188 while the median value for Units is $350,584.
- Houses have a median rent of $430 while Units have a median rent of $365.
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