397 Murray StreetColac VIC 3250
Property Details for 397 Murray St, Colac
397 Murray St, Colac is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 675m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in August 2019.
Last Listing description (September 2019)
This three bedroom weatherboard home has many features that will please including;
-Set on 675sqm with lane access to the double garage with concrete floor
-High Ceilings
-Just a short walk to the milkbar and butcher
-Reverse cycle heating and cooling
-Solar hot water
Properties at this price don't stay on the market for long, with the added bonus of a rental return of 5.6%, don't miss this opportunity and book your inspection today.
Currently tenanted at $280 per week until September 2019
Property History for 397 Murray St, Colac, VIC 3250
- 01 Aug 2019Sold for $255,000
- 05 Jun 2019Listed for Sale $260,000
- 05 Jan 2018Listed for Rent - Price not available
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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 5,512 properties. Over the last 5 years, Houses in Colac have seen a 42.29% increase in median value, while Units have seen a 28.04% increase. As at 31 October 2024:
- The median value for Houses in Colac is $441,147 while the median value for Units is $368,492.
- Houses have a median rent of $440 while Units have a median rent of $365.
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