OFF MARKET

8 Richmond Street
Colac VIC 3250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 85m2
Land area: 725m2
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Last updated 11 Nov 2024
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Property Details for 8 Richmond St, Colac

8 Richmond St, Colac is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 725m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
House
Floor Size
85m2
Land Size
725m2
Local Government
Colac Otway
Lot/Plan
122/LP50939

Last Listing description (April 2020)

This neat and tidy home is situated within a short walk to Wydinia Kindergarten, South West Primary, Sacred Heart and Trinity College. Comprising of 3 bedrooms, 1 bathroom, 2 separate toilets. Special features of the property include a reverse cycle air conditioner in the living room along with a gas heater, the property is well fenced and secure for pets and parking. The backyard has a single carport, garden shed and well established high producing fruit trees. Situated across the road from the open space playground for games of cricket or a kick of the footy with the neighbours.

Property History for 8 Richmond St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$239,000
02 Dec 2019
Listed for Rent
$239/w
03 Apr 2020
  • 21 Feb 2020
    Listed for Rent - Price not available
  • 02 Dec 2019
    Sold for $239,000
  • 29 Oct 2019
    Listed for Sale $239,000 - $249,000

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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, 198 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.