OFF MARKET

386 Princes Highway
Colac West VIC 3250

Bedrooms: 3
Bathrooms: 1
Car spaces: 12
Land area: 2719m2
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Property Details for 386 Princes Hwy, Colac West

386 Princes Hwy, Colac West is a 3 bedroom, 1 bathroom House with 12 parking spaces. The property has a land size of 2719m2. While the property is not currently for sale or for rent, it was last sold in April 2005.

Building Type
House
Land Size
2719m2
Local Government
Colac Otway
Lot/Plan
2/LP118437

Last Listing description (March 2021)

This prime freehold opportunity is positioned on the outskirts of one of Victoria's major rural country cities, Colac. The property is zoned Business 4 and represents an excellent opportunity for a business wishing to decentralise or a business looking for prime freehold location. There is a three bedroom residence on site as well as the well-appointed workshop with vehicle hoists, gantry and excellent showroom. This holding has excellent exposure to the busy Princes Highway, dual access, plenty of parking, lots of sundry shedding and high security perimeter fencing. This property demands inspection.

Property History for 386 Princes Hwy, Colac West, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$325,000
12 Apr 2005
  • 13 Sep 2019
    Listed for Sale $650,000
  • 06 Oct 2015
    Listed for Sale $650,000
  • 12 Apr 2005
    Sold for $325,000

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About Colac West 3250

The size of Colac West is approximately 6.9 square kilometres. The population of Colac West in 2011 was 136 people. By 2016 the population was 69 showing a population decline of 49.3% in the area during that time. The predominant age group in Colac West is 40-49 years. Households in Colac West are primarily couples with children and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Colac West work in a managers occupation. In 2011, 84% of the homes in Colac West were owner-occupied compared with 79.3% in 2016..

Colac West has 110 properties. Over the last 5 years, Houses in Colac West have seen a 41.40% increase in median value. As at 30 September 2024:

  • The median value for Houses in Colac West is $614,340.
There are currently 1 property listed for sale, and no properties listed for rent in Colac west on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Colac west.

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