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Sold on 09 May 2024 - Price Unavailable

55 Wallace Street
Colac VIC 3250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 933m2
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Property Details for 55 Wallace St, Colac

55 Wallace St, Colac is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 933m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Colac in the last 12 months.

Building Type
House
Land Size
933m2
Local Government
Colac Otway
Lot/Plan
4/LP206038

Last Listing description (May 2024)

Welcome to 55 Wallace Street, a charming 3 bedroom, 1 bathroom brick veneer home on a large 933sqm allotment. This is your opportunity for you to secure a solid, sound home in a great location!

As you step inside, you'll be greeted by a warm and inviting living area that leads to the kitchen, which is well-equipped with good quality appliances.

The 3 bedrooms feature built-in wardrobes and two have reverse cycle air conditioners. The bathroom is well thought out and the laundry is a good size with an extra toilet.

The double garage provides secure parking for two vehicles and offers remotes controls to both roller doors and grants access to the back yard.

Located in a sought-after area, this property is conveniently close to local amenities, including schools, shops, and parks. The surrounding neighborhood is family-friendly, making it an ideal house to call home!

Don't miss out on this fantastic opportunity!

Property History for 55 Wallace St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
09 May 2024
  • 09 May 2024
    Sold for $480,000
  • 06 Feb 2024
    Listed for Sale $485,000 - $517,000
  • 24 Oct 2010
    Transferred
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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 5,499 properties. Over the last 5 years, Houses in Colac have seen a 49.71% increase in median value, while Units have seen a 29.11% increase. As at 31 July 2024:

  • The median value for Houses in Colac is $459,852 while the median value for Units is $361,583.
  • Houses have a median rent of $430 while Units have a median rent of $360.
There are currently 20 properties listed for sale, and 6 properties listed for rent in Colac on OnTheHouse. According to CoreLogic's data, 193 properties were sold in the past 12 months in Colac.

Suburb Insights for Colac 3250

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Contact agent
Wayne Mackrell
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Chris Peeters
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Ray White Colac
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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.