OFF MARKET

6295 Princes Highway
Colac East VIC 3250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 20229m2
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 16 Sep 2024
Low
High
Share
Save

Property Details for 6295 Princes Hwy, Colac East

6295 Princes Hwy, Colac East is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 20229m2. While the property is not currently for sale or for rent, it was last sold in January 2014.

Building Type
House
Land Size
20229m2
Local Government
Colac Otway
Lot/Plan
1/LP218943

Last Listing description (August 2023)

This site is about as iconic as it gets in this area. In the 1980's this was a buzzing site of a 'Golden Fleece' service station and roadhouse and now you have the opportunity to create an equally iconic new home for your business.

Located at the eastern gateway to Colac, this location will ensure maximum exposure for your enterprise. Close to 10,000 cars pass by this site each day*, providing publicity that could only be wished for.

Categorised as commercial / industrial land by the Colac Otway Shire, and zoned farming, this 2.02 ha parcel is over 2 titles. Water, gas and power are all connected and there is a septic service.

There is a three-bedroom dwelling on the property, currently leased until May 2023 at $200 per week.

Strategically positioned on the Princes Highway, with enormous redevelopment potential, subject to council approval, this is a once in a generation opportunity that is not to be passed over.

*Statistic comes from the Vic Roads Traffic data volume records

Inspections by appointment only, please call Jake Theodore 0417 507 692

Show More

Property History for 6295 Princes Hwy, Colac East, VIC 3250

A timeline of how this property has performed in the market
Last Sold
08 Jan 2014
Listed for Rent
$170/w
07 Jan 2015
  • 20 Jun 2024
    Sold for $1,000,000
  • 07 Dec 2021
    Listed for Sale $1,000,000
  • 07 Jan 2015
    Listed for Rent $170 / week
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

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 262 properties. Over the last 5 years, Houses in Colac East have seen a 25.77% increase in median value, while Units have seen a 289.70% increase. As at 30 September 2024:

  • The median value for Houses in Colac East is $551,882 while the median value for Units is $214,822.
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.

Colac East Profile Page

Suburb Insights for Colac East 3250

Visit Colac East profile page
Market Insights
Colac East Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Colac East Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Colac East profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED