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Investment Property Colac-Otway, VIC

Region Snapshot

Colac-Otway is a region in Victoria, Australia. Colac-Otway has a population of 20,974 people and 16.05% of its occupants live in rental accommodation. The median listing price for houses is $675,000 and this has changed -0.67% over the past year and changed 3.84% over 2 years.

The median rent in for houses is $415 per week and the median rental yield is 3.19%. Stock on the market for houses/townhouses has changed 35.78% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $477,500 and this has changed 4.94% over the past year. The average unit takes NA days to sell and the median rent for a unit in Colac-Otway is $340 per week, producing a rental yield of 3.70%.

Supply & Demand in Colac-Otway

0.51%

Current vacancy rate


71

Rental stock available


20,974

Population


16.05%

Rental population


0.87%

Current vacancy rate


26,641

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Colac-Otway

  House Townhouses Units
Median listing price $675,000 $812,500 $477,500
Median price change - last quarter -2.88% -2.11% -3.54%
Median price change - 1 year -0.67% -4.08% 4.94%
Median price change - 2 years 3.84% 67.52% 32.82%
  House Townhouses Units
Median weekly rent $415 $400 $340
Median yield % 3.19% 2.56% 3.70%
Median rent change - 1 year 5.06% 0.00% -2.86%
  House Units
Previous month sales 5 0
Stock on market previous month 296 23
Stock variance vs. last year 35.78% 9.52%
Average days on market NA NA

Colac-Otway investment property listings

Showing 5 of 316 investment properties found in Colac-Otway on realestateinvestar.com.au

5170 Great Ocean Rd, Wongarra

$3,200,000

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Cape View

Welcome to your coastal sanctuary, this stunningly located 84-hectare (207-acre approx.) property offers a harmonious blend of natural beauty, modern comforts, and boundless potential. Nestled directly opposite one of the coast's most enchanting coves and the renowned "boneyards' surf break, start ...

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Rural

VIC 3234


365 Sinclair Street South, Elliminyt

$907,000

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Idyllic Country Living Just Minutes from Town...

Discover the perfect blend of country charm and modern convenience in this stunning four-bedroom brick veneer home, built by Dennis Family Homes in 2007. Set in idyllic country surroundings on a generous 2.6-acre lot, this property is surprisingly just 5 minutes from the town's CBD, sports ...

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House

VIC 3250


141 Hearn St, Colac

$395,000

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Cosy Living with Convenient Location...

This cosy, no-frills home is nestled on a generous size block, offering a straightforward, manageable lifestyle perfect for families. The well-appointed eat-in kitchen, featuring gas appliances and classic white timber cabinetry, provides a quaint space for meal preparation and dining. The ...

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House

VIC 3250


230 Cockerills Rd, Dreeite

$1,800,000

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Excellent Value per Acre, Excellent Return

Let us reveal a little secret to you! Something astute local graziers are well aware of, and something outside buyers need to know. Undulating volcanic barriers with black loam soils in between and quality groundwater (aquifers) all combine to offer 397ac of quality grazing country, proven for ...

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Rural

VIC 3249


9 Mahoney Ct, Elliminyt

$730,000

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WHEN LOCATION AND QUALITY COUNT

This classic family home with instant street appeal, offers the perfect blend of comfort and style. Surrounded by established homes and situated on a spacious block of approximately 827 sq. metres in a quiet, court location. Lovingly maintained and ideally located close to primary and secondary ...

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House

VIC 3250


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