SOLD
Sold on 17 Jan 2024 for $320,000

81 Armstrong Street
Colac VIC 3250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 132m2
Land area: 891m2
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Property Details for 81 Armstrong St, Colac

81 Armstrong St, Colac is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 891m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom House sold in Colac in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
132m2
Land Size
891m2
Local Government
Colac Otway
Lot/Plan
2/LP7078

Last Listing description (December 2020)

With a combination of weatherboard charm and modern creature comforts, this is the place to be for summertime fun with friends around the inground pool.

With a floorplan typical of the era, the spacious interior features a living room at the front complete with decorative wall panels, gas heating and split system heating and cooling.

The three good-size bedrooms all stem from the central hallway and offer built-in robes and are serviced by the single bathroom which features a corner spa bath for just a touch of luxe.

The galley-style timber kitchen offers ample cupboard space, dishwasher, electric cooktop and wall oven with adjacent meals area and another split system to keep you cool while you cook up a storm. There is a good size laundry at the rear of the home.

One of the great features of this property is the block size of 892sqm with the convenience of rear lane access. You have room for a double garage, lawn space for kids and pets to play along with a fabulous inground pool guaranteeing summertime fun.

Ideally situated just a short drive from the centre of town and an easy walk to Colac South West Primary School.

Investors, this home is currently under management with our agency with a lease agreement and good reliable tenant in place until April 2021. Current rent is $350pw.

Property History for 81 Armstrong St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$320,000
17 Jan 2024
Listed for Rent
$320/w
26 Sep 2016
  • 17 Jan 2024
    Sold for $320,000
  • 27 Oct 2020
    Sold for $389,000
  • 20 Oct 2020
    Listed for Sale $380,000
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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.

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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.