OFF MARKET

50 Gravesend Street
Colac VIC 3250

Bedrooms: 3
Bathrooms: 2
Car spaces: 10
Floor area: 120m2
Land area: 843m2
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Property Details for 50 Gravesend St, Colac

50 Gravesend St, Colac is a 3 bedroom, 2 bathroom House with 10 parking spaces. The property has a land size of 843m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Floor Size
120m2
Land Size
843m2
Local Government
Colac Otway
Lot/Plan
3/LP12736

Last Listing description (September 2023)

This property offers a character home consisting of three generous bedrooms, study, open plan kitchen dining and living, two bathrooms and huge amount of shedding all on a large allotment of approximately 870 sqm.

With this home you could consider living comfortably in the home as it currently is or renovate and make further improvements, the choice is yours.

The shedding is a major part and selling point of this property as there is approximately 200 sqm of concrete flooring with access via three roller doors. The sheds could easily be used by a tradie to operate out of or for storage for many many vehicles once again the choice is yours.

This property is in a fantastic central part of Colac not far to the Railway Station, Colac Performing Arts Centre, Bluewater Fitness Centre , Central Reserve, Colac Secondary College, CBD and Shopping Centre.

All precautions have been undertaken to establish the accuracy of the above information. Interested parties should make and rely on their own enquiries in relation to all aspects of this property.

Property History for 50 Gravesend St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$451,500
17 May 2023
  • 07 Sep 2023
    Listed for Sale $417,000 - $447,000
  • 17 May 2023
    Sold for $451,500
  • 01 May 2023
    Listed for Sale $417,000 - $447,000
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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 19 properties listed for sale, and 5 properties listed for rent in Colac on OnTheHouse. According to CoreLogic's data, 194 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.