4 Johnstone CrescentColac VIC 3250
Property Details for 4 Johnstone Cres, Colac
4 Johnstone Cres, Colac is a 2 bedroom, 1 bathroom House and was built in 1960. The property has a land size of 531m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
Last Listing description (February 2021)
If you have been searching for a project, then 4 Johnstone Crescent will appeal. Presenting tradespeople or the home handyperson an opportunity to create a new and improved rental investment or flipper close to Colac Secondary College and Bluewater Fitness Centre. Within walking distance to Coles complex or a little closer is the corner milk bar for the essentials each day. This two bedroom one bathroom home has been recently painted outside and there is a functional kitchen, lounge with gas heating and low maintenance secure yard with storage sheds. Currently tenanted and with a little TLC and investment, there is no doubt the rental income will also increase. With interest rates at an all time low, and the Colac region experiencing high demand, investing in local real estate has never been so popular. We welcome you to take a look, don't forget to bring the tools!
Property History for 4 Johnstone Cres, Colac, VIC 3250
- 23 Dec 2020Sold for $215,000
- 16 Dec 2020Listed for Sale $209,000
- 30 May 2019Sold for $150,000
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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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