First settled in 1838 Coleraine is one of regional Victoria s oldest pastoral townships, with this property presents an affordable opportunity to secure an affordable allotment in an established part of town. Zoned residential one this corner allotment offers sealed road frontages, mains water already connected with all other services (town sewer, power & phone) immediately available for connection. Price aimed to appeal to investors and developers by a no nonsense vendor who wants a prompt sale.
The size of Coleraine is approximately 173.5 square kilometres. It has 10 parks covering nearly 0.8% of total area. The population of Coleraine in 2011 was 1,243 people. By 2016 the population was 1,024 showing a population decline of 17.6% in the area during that time. The predominant age group in Coleraine is 60-69 years. Households in Coleraine are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Coleraine work in a managers occupation. In 2011, 76.7% of the homes in Coleraine were owner-occupied compared with 77.5% in 2016.
Coleraine has 833 properties. Over the last 5 years, Houses in Coleraine have seen a 73.27% increase in median value. As at 31 October 2024:
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