OFF MARKET

50 Drapers Road
Colac East VIC 3250

Bedrooms: 3
Bathrooms: 2
Car spaces: 5
Floor area: 206m2
Land area: 2869m2
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Property Details for 50 Drapers Rd, Colac East

50 Drapers Rd, Colac East is a 3 bedroom, 2 bathroom House with 5 parking spaces and was built in 1992. The property has a land size of 2869m2 and floor size of 206m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
House
Year Built
1992
Floor Size
206m2
Land Size
2869m2
Local Government
Colac Otway
Lot/Plan
1/LP148665

Last Listing description (March 2023)

Set on just over 1/2 an acre on the outskirts of town, this property will tick all the boxes, three bedrooms, two living areas, studio, outdoor entertaining area, and a large shed to top it off

Walk in the front door to the main living area on your right with a lovely bay window, quality carpeting and a split system to cater to all types of weather. Add a splash of colour with a feature wall to set the vibe. With a second living area at the back of the house and the studio adjoining this you will have ample space to relax and entertain.

Step into the galley style kitchen with a walk-through pantry, black cupboards with timber benchtops and quirky splash back tiles behind the large Omega oven with gas cooktop and electric oven. Included is a white double butler sink, dishwasher and an interesting blackboard for your daily reminders. The dining area includes a free-standing fireplace for those colder months and sliding door access to the outside undercover area to extend your entertaining.

The home includes three spacious bedrooms, two with build in robes and the master with a walk-in robe and ensuite. All distinctly decorated with their own individual flair of colour with feature walls.

The modern style main bathroom consists of a free-standing bath, a unique single vanity and frameless shower, all surrounded by large cream tiling and black floor tiles and includes a toilet. The ensuite provides an additional shower and toilet.

The undercover entertainment area will be a highlight of this home as you sit outside entertaining your guests in those summer months or just relaxing in the sun looking over Lake Colac and surrounds.

With an interesting established garden, three bay shed with storage area, a double garage and 3 x 3 garden shed all set up, and 8 1.5kw solar panels to help with the cost of power. This place will work for the investor or family wanting to walk straight in and settle down.

Just a short drive into Colac to all the supermarkets, sporting venues and schools and just up the road from the new BP, so you will never run out of petrol or milk again!!

Property History for 50 Drapers Rd, Colac East, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$640,000
09 Dec 2022
  • 09 Dec 2022
    Sold for $640,000
  • 18 Oct 2022
    Listed for Sale $620,000 to $680,000
  • 30 Jun 2010
    Sold for $259,000
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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.