OFF MARKET

40 Rae Street
Colac VIC 3250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 123m2
Land area: 753m2
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Property Details for 40 Rae St, Colac

40 Rae St, Colac is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 753m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in March 2011.

Building Type
House
Floor Size
123m2
Land Size
753m2
Local Government
Colac Otway
Lot/Plan
1/TP108678

Last Listing description (September 2016)

Love to walk, don't have a licence, then this is the property for you. You will be within walking distance to the supermarkets, shops, cinema and train station.
This comfortable home offers three good sized bedrooms, all with BIR. The lounge is big enough for the family, including gas heating and an A/C. The spacious timber kitchen boost plenty of cupboard space, gas cook-top and electric oven.
Bathroom includes shower over the bath. The large yard includes a garage, garden shed and bird aviary.

Property History for 40 Rae St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$173,000
25 Mar 2011
Listed for Rent
16 Sep 2016
  • 11 Jul 2016
    Listed for Rent $260 / week
  • 25 Mar 2011
    Sold for $173,000
  • 29 Sep 1992
    Sold for $58,000
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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 5,512 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.
There are currently 21 properties listed for sale, and 5 properties listed for rent in Colac on OnTheHouse. According to CoreLogic's data, 189 properties were sold in the past 12 months in Colac.

Suburb Insights for Colac 3250

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Disclaimer
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.