6 Murray StreetColac VIC 3250
Property Details for 6 Murray St, Colac
6 Murray St, Colac is a 5 bedroom, 3 bathroom House. The property has a land size of 2560m2 and floor size of 268m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 5 bedroom House sold in Colac in the last 12 months.
Last Listing description (September 2024)
Every once in a while there's a property that comes to market that simply commands attention. Well for Colac, that time has come. Ray White Colac is proud to present 'The Prince of Wales'.
Oozing history, character and tales of old - this property offers a once in a lifetime opportunity to purchase a piece of South West Victoria's history.
First licensed in 1875, the Prince of Wales operated as pub until 1921. It was then used as a boarding home for Italian migrants. Since then, it has been utilised as a private residence, cafe, craft store and other business pursuits.
Its commanding brick presence can't be missed as you drive past the captivating facade, in the heart of Colac. Inside, all of its character and original features remain with some modern functional upgrades. The dwelling boasts five bedrooms and multiple bathrooms if you wish to use the property as a one of a kind personal residence. Alternatively, take advantage of the original bar and lounge fit out to operate your very own artisanal cafe or other commercial pursuit (STCA).
Sitting on a large 2,560sqm parcel of land, the opportunity awaits to further develop the property with infrastructure or subdivide (STCA).
The opportunities are only limited by your imagination and the time has come for a lucky new purchaser to write their own piece of history.
An inspection truly is a must!
Property History for 6 Murray St, Colac, VIC 3250
- 11 Sep 2024Sold for $770,000
- 14 Aug 2024Listed for Sale AUCTION GUIDE - $700,000 - $770,000
- 15 Dec 2018Listed for Rent $40,000 / year
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0About 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.
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