40 Gellibrand StreetColac VIC 3250
Property Details for 40 Gellibrand St, Colac
40 Gellibrand St, Colac is a bedroom, bathroom House. The property has a land size of 165m2. While the property is not currently for sale or for rent, it was last sold in September 2011.
Last Listing description (August 2011)
Affordale Freehold Opportunity
A fantastic position and a rare opportunity to purchase this freestanding building which is currently vacant and ready for immediate occupancy.
Currently zoned business 2 with 3 offices, waiting room and store room with a floor space of approx 66 sqm which of course can be modified to your own requirements. This prime investment building has many possibilities and is conveniently located to all CBD services and facilities and represents a very affordable entry price to investing in Colac's commercial future.
Property History for 40 Gellibrand St, Colac, VIC 3250
- 07 Sep 2011Sold for $155,000
- 08 Aug 2011Listed for Sale $165,000
- 18 Oct 1993Sold for $23,000
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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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