SOLD
Sold on 28 Jun 2024 for $5,500,000

425 Princes Highway
Colac West VIC 3250

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 34199m2
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Property Details for 425 Princes Hwy, Colac West

Building Type
Land
Land Size
34199m2
Local Government
Colac Otway
Lot/Plan
1/PS613888

Last Listing description (September 2016)

34,200m (3.422 hectare) with 325m Princes Highway frontage
Zoned Commercial 2
Great exposure to east and west bound traffic

Wonderful green-field business site
Marvellous development site or land bank opportunity
Largest and only available business site on the Princes Highway

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Property History for 425 Princes Hwy, Colac West, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$5,500,000
28 Jun 2024
  • 28 Jun 2024
    Sold for $5,500,000
  • 02 Jun 2016
    Sold for $715,000
  • 05 Mar 2015
    Listed for Sale 695,000 + GST
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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 38.43% increase in median value. As at 28 February 2025:

  • The median value for Houses in Colac West is $601,934.
There are currently 1 property listed for sale, and no properties listed for rent in Colac west on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Colac west.

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