SOLD
Sold on 06 Jun 2024 for $4,400,000

88 Forest Street
Colac East VIC 3250

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 49428m2
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Property Details for 88 Forest St, Colac East

Building Type
Commercial
Land Size
49428m2
Local Government
Colac Otway
Lot/Plan
1/PS529470

Property History for 88 Forest St, Colac East, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$4,400,000
06 Jun 2024
  • 06 Jun 2024
    Sold for $4,400,000

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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 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.

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.