5/25-27 Gellibrand St, Colac is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1979. The property has a land size of 140m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
In such a handy location, this open and perfectly situated townhouse offers plenty of potential, whether you're looking to downsize, start out or invest.
Picturesque Gellibrand is in the heart of Colac's "North of Murray street" area, where you can leave the car at home and walk to the CBD, lake or Botanic Gardens.
Natural light floods in to the living/dining room and across to a functional and well laid out kitchen.
Neat and tidy throughout, features include 2 large bedrooms, a good size bathroom with separate shower and a well-appointed laundry with loads of cupboard space.
Providing excellent rental potential or an easy lifestyle, this low maintenance property also includes a secure and private rear yard and a single car garage.
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:
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