OFF MARKET

59 Dennis Street
Colac VIC 3250

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 1027m2
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Last updated 16 Sep 2024
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Property Details for 59 Dennis St, Colac

59 Dennis St, Colac is a 3 bedroom, 1 bathroom House. The property has a land size of 1027m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
House
Land Size
1027m2
Local Government
Colac Otway
Lot/Plan
1/TP563064

Last Listing description (November 2021)

Centrally located and overlooking Colac wonderful Memorial Square, this 1010m parcel is zoned Commercial 1 and would be ideal for development for retail or business purposes.
The property features a character three bedroom dwelling, which confers existing residential use rights, and provides potential for multi-use purposes.
Featuring more than 20m street frontage, with ample on street parking and a location that would be perfect for offices, consulting rooms and many other business enterprises this property is prime for redevelopment.

Land dimensions: 20.1 x 50.2m

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Property History for 59 Dennis St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$430,000
09 Sep 2021
Listed for Rent
$200/w
02 Dec 2014
  • 09 Sep 2021
    Sold for $430,000
  • 05 Jul 2021
    Listed for Sale $450,000
  • 04 Nov 2014
    Listed for Rent $200 / week
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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 5,501 properties. Over the last 5 years, Houses in Colac have seen a 45.19% increase in median value, while Units have seen a 25.38% increase. As at 31 August 2024:

  • The median value for Houses in Colac is $440,188 while the median value for Units is $350,584.
  • Houses have a median rent of $430 while Units have a median rent of $365.
There are currently 19 properties listed for sale, and 6 properties listed for rent in Colac on OnTheHouse. According to CoreLogic's data, 196 properties were sold in the past 12 months in Colac.

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