SOLD
Sold on 16 Feb 2024 for $295,000

5/21 Ross Street
Colac VIC 3250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 78m2
Land area: 277m2
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Sold By
Charles Stewart & Co Pty Ltd
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Property Details for 5/21 Ross St, Colac

5/21 Ross St, Colac is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 277m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Colac in the last 12 months.

Building Type
Unit
Year Built
1999
Floor Size
78m2
Land Size
277m2
Local Government
Colac Otway
Lot/Plan
5/PS327833

Last Listing description (June 2024)

There is a lot to like with this townhouse-style unit in this established group. Unit 5 is at the rear, ensuring minimal road noise or comings and goings.
The large, rear courtyard is tucked away from street view, offering the valued privacy this position can bring. A grassy area out front provides a private green outlook from the living area, with a visitors' parking space for convenience. The northern sun will shine into your front door and living area, giving a warm ambiance to your morning cuppa! Modern wall colours, and with up-to-date internal blinds and window furnishings, a modern split system air-con, you really won't have to do a lot.
The updated kitchen is neat, includes gas cooking and both bedrooms have built-ins. There is undercover access to your garage as well as a lockup garden shed. A separate laundry provides access to the outside.

Currently leased for $330 per week on a periodical agreement. Well maintained and presented, this complex is a good one to buy into. There's a bus stop nearby on Murray Street. Close to the brand new Lake Colac School.

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Property History for 5/21 Ross St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$295,000
16 Feb 2024
Listed for Rent
13 Aug 2019
  • 16 Feb 2024
    Sold for $295,000
  • 26 Sep 2023
    Listed for Sale Not Disclosed
  • 08 Jul 2019
    Listed for Rent - Price not available
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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 19 properties listed for sale, and 5 properties listed for rent in Colac on OnTheHouse. According to CoreLogic's data, 198 properties were sold in the past 12 months in Colac.

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