OFF MARKET

5 Gallop Street
Colac East VIC 3250

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1829m2
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Property Details for 5 Gallop St, Colac East

Building Type
Commercial
Land Size
1829m2
Local Government
Colac Otway
Lot/Plan
1/TP98805

Last Listing description (April 2015)

INDUSTRIAL BUILDING
With outstanding exposure to the Princes Highway and in an easy to find location, just off the highway and only minutes from the centre of Colac, this property represents exceptional value for the business operator or investor. The buildings are high and long enough to cater for heavy transport and B Doubles. The floor area is approximately 1170 sq mts and the buildings are divided by a washdown area with interceptor pit. Situated on approx 2000sq metre allotment, with side and rear lane access.

Property History for 5 Gallop St, Colac East, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$680,000
18 Nov 2015
  • 18 Nov 2015
    Sold for $680,000
  • 12 Nov 2014
    Listed for Sale $630,000 EX
  • 22 May 2014
    Listed for Sale $630,000 EX
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About Colac East 3250

The size of Colac East is approximately 5.4 square kilometres. It has 4 parks covering nearly 0.1% of total area. The population of Colac East in 2011 was 306 people. By 2016 the population was 226 showing a population decline of 26.1% in the area during that time. The predominant age group in Colac East is 50-59 years. Households in Colac East are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Colac East work in a trades occupation. In 2011, 67.1% of the homes in Colac East were owner-occupied compared with 53.2% in 2016..

Colac East has 264 properties. Over the last 5 years, Houses in Colac East have seen a 21.90% increase in median value, while Units have seen a 289.70% increase. As at 30 November 2024:

  • The median value for Houses in Colac East is $545,491 while the median value for Units is $270,602.
There are currently 2 properties listed for sale, and no properties listed for rent in Colac east on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Colac east.

Suburb Insights for Colac East 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.