48 Chapel StreetColac VIC 3250
Property Details for 48 Chapel St, Colac
48 Chapel 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 753m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in May 2020.
Last Listing description (July 2020)
This neat little weatherboard home really has a lot going for it. Representing great value for money, this is a fantastic opportunity for first-time buyers to enter the property market.
Set on a nice size block, the location is ideal and always popular with the large workforce on the east side of town.
The cosy lounge room offers split system heating and cooling and retains the original picture rails.
The combined kitchen and dining area have a wood fire which we suspect will heat the whole home in the winter months. The functional kitchen has been updated and offers an electric upright stove, dishwasher, plenty of cupboard space and large pantry.
The three bedrooms are all a good size with two at the front and one at the rear which could also be repurposed into a handy home office. With the bathroom featuring a shower over the bath and timber vanity.
The sliding glass door in the dining room leads out to a paved, undercover outdoor entertaining area and a nice size backyard, ideal for the kids and pets to play in. You also have a chicken coup in the back corner and plenty of room for a veggie patch. The long driveway to a double garage completes the picture.
An ideal location close to Colac Primary School, the Colac Showgrounds and the regions biggest employees in Australian Lamb Company and AKD Softwoods. Investor, we expect a weekly rent return of $320 - $340pw.
Property History for 48 Chapel St, Colac, VIC 3250
- 21 May 2020Sold for $279,000
- 17 Apr 2020Listed for Sale $279,000
- 26 May 2005Listed for Sale 158000
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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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