OFF MARKET

8-10 Saunders Street
Colac East VIC 3250

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3869m2
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Property Details for 8-10 Saunders St, Colac East

Building Type
Land
Land Size
3869m2
Local Government
Colac Otway
Lot/Plan
1/TP105362

Last Listing description (October 2024)

This is a rare opportunity to acquire a larger industrial site in the popular Colac East business area.
The site is fully gravelled for hard stand and partly fenced. The block comprises two titles, incorporating a total of approximately 3850m2. Power is available from a pit at the boundary and the property is ripe for development at any time now or in the future.

Property History for 8-10 Saunders St, Colac East, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$232,000
07 Apr 2021
  • 03 Oct 2024
    Listed for Sale $550,000
  • 07 Apr 2021
    Sold for $232,000
  • 03 Jun 2014
    Listed for Sale $130,000 EACH OR $220,000 COMBINED
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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.

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