OFF MARKET

393 Murray Street
Colac VIC 3250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 121m2
Land area: 526m2
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Last updated 16 Sep 2024
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Property Details for 393 Murray St, Colac

393 Murray St, Colac is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 526m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
House
Year Built
1960
Floor Size
121m2
Land Size
526m2
Local Government
Colac Otway
Lot/Plan
1/TP210810

Last Listing description (February 2022)

Stop paying rent and get yourself into this affordable three bedroom home. Offering a comfortable open plan with kitchen, meals and living area combined with floating floors throughout. A reverse cycle air-conditioner plus ceiling fan in the lounge controls the temperature all year round, whilst all three bedrooms also have ceiling fans. The tiled bathroom is located central to all three bedrooms and has a shower over the corner spa. Positioned on a corner block of approximately 525 sq. metres with single garage. This home has potential to update, however is comfortable as is. Currently tenanted for a further six months providing a great opportunity to secure an investment property with an excellent tenant or perhaps an affordable home for the owner occupier.

Property History for 393 Murray St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$382,000
21 Jan 2022
Listed for Rent
16 Apr 2015
  • 21 Jan 2022
    Sold for $382,000
  • 22 Dec 2021
    Listed for Sale $395,000
  • 05 Mar 2015
    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 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 20 properties listed for sale, and 6 properties listed for rent in Colac on OnTheHouse. According to CoreLogic's data, 195 properties were sold in the past 12 months in Colac.

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