SOLD
Sold on 05 Mar 2024 for $561,000

38 Mcdonald Street
Colac VIC 3250

Bedrooms: 3
Bathrooms: 1
Car spaces: 8
Floor area: 128m2
Land area: 920m2
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Property Details for 38 Mcdonald St, Colac

38 Mcdonald St, Colac is a 3 bedroom, 1 bathroom House with 8 parking spaces. The property has a land size of 920m2 and floor size of 128m2. 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.

Building Type
House
Floor Size
128m2
Land Size
920m2
Local Government
Colac Otway
Lot/Plan
8/LP14611

Last Listing description (March 2024)

Nestled at 38 McDonald Street is a property that defies expectations, offering a plethora of surprises waiting to be discovered. Upon inspection, the charm and possibilities for the new owner unfold both internally and externally. Positioned in one of Colac's esteemed areas, the location is a standout feature. A brief two-minute walk leads to the tranquil shores of Lake Colac, scenic walking paths, and, in the opposite direction, a five-minute stroll places you in the heart of Colac, emphasizing the unparalleled convenience.

The initial impression is nothing short of delightful as you step into the immaculate home. An expansive open-plan living area and a formal dining space greet you, warmed by two virtually new gas artificial log heaters, a large reverse cycle split system, and central gas heating throughout. Comfort is guaranteed for the entire family. The refurbished kitchen stands out with quality features, including delightful shaker style cabinetry and stone benchtops, creating an inviting space for meal preparation.

This home boasts three generously proportioned bedrooms, two of which are impressively sized and all three feature built-in robes. The central bathroom has been tastefully updated, featuring a walk-in shower and a convenient second toilet.

At the rear of the home, with direct access from the master bedroom, is an oversized, generous deck for entertaining. Family and friends will love the opportunity to share this space with lovely views over the impeccably maintained back yard complete with an automatic watering system.

Venturing further afield will unveil the property's hidden gem - a substantial shed designed for vehicle storage, workshops, and entertaining. Measuring 19 meters long by 8 meters deep, it seamlessly integrates into the generous 919 sqm allotment. Purpose-built for versatility, the shed includes a kitchenette, split system, and a convenient third toilet, creating an ideal space for car enthusiasts, woodworkers, teenagers or visitors seeking privacy.

With every detail attended to, this property invites you to simply move in and relish the comfort and convenience it offers.

*All information about the property has been provided to Richardson Real Estate by third parties. Richardson Real Estate has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property.

Property History for 38 Mcdonald St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$561,000
05 Mar 2024
  • 05 Mar 2024
    Sold for $561,000
  • 13 Feb 2024
    Listed for Sale Not Disclosed
  • 22 Oct 2020
    Sold for $450,000
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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 5,500 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.
There are currently 19 properties listed for sale, and 6 properties listed for rent in Colac on OnTheHouse. According to CoreLogic's data, 196 properties were sold in the past 12 months in Colac.

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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.