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Investment Property Colac, VIC, 3250

Suburb Snapshot

Colac is a suburb in the Colac-Otway Region of Victoria. Colac has a population of 9,048 people and 24.42% of its occupants live in rental accommodation. The median listing price for houses is $536,000 and this has changed 7.84% over the past year and changed 9.72% over 2 years.

The median rent in Colac for houses is $420 per week and the median rental yield is 4.07%. Stock on the market for houses/townhouses has changed 7.41% compared to last year and the average time to sell a house/townhouse is 105 days.The median listing price for units is $431,000 and this has changed 0.93% over the past year. The average unit takes 86 days to sell and the median rent for a unit in Colac is $320 per week, producing a rental yield of 3.86%.

Supply & Demand in Colac, Colac-Otway

0.38%

Current vacancy rate


18

Rental stock available


9,048

Population


24.42%

Rental population


0.41%

Current vacancy rate


57

Rental stock available


20,974

Population


16.05%

Rental population


0.93%

Current vacancy rate


28,886

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, Colac-Otway

  House Townhouses Units
Median listing price $536,000 NA $431,000
Median price change - last quarter 0.47% NA 1.42%
Median price change - 1 year 7.84% NA 0.93%
Median price change - 2 years 9.72% NA 7.08%
  House Townhouses Units
Median weekly rent $420 $400 $320
Median yield % 4.07% NA 3.86%
Median rent change - 1 year 5.00% NA -4.48%
  House Units
Previous month sales 7 0
Stock on market previous month 145 6
Stock variance vs. last year 7.41% -33.33%
Average days on market 105 86

Colac investment property listings

Showing 5 of 85 investment properties found in Colac on realestateinvestar.com.au

N/A, Colac

$628,800

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Secure a Brand-New Investment Property with Certainty and Expert

This brand-new, full turnkey investment package offers something investors rarely get in today's market: certainty. With a guaranteed fixed price, guaranteed build time and a Grade A inclusion list, this opportunity delivers a safe and structured pathway into a high-performing new build without ...

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House

VIC 3250


148 Hearn St, Colac

$515,000

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Effortless Central Living

Positioned on a generous corner allotment of 690sqm, this well-presented three-bedroom home offers comfort, convenience, and broad appeal for families, investors, and retirees alike. Inside, the home features a functional kitchen with plenty of storage, ideal for everyday living and entertaining. ...

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House

VIC 3250


3/59 Skene St, Colac

$430,000

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Simple & Sound!

Positioned perfectly north of Murray Street in one of Colac's most sought after locations that offers the perfect pathway to enter the market, downsize or invest in. This solid red brick unit built by a renowned local builder is the property you've been searching for. Inside, comprising of three ...

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Unit

VIC 3250


8 Queens Ave, Colac

$1,390,000

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Lakeside Dream

Watching the sunrise through to sunset over Lake Colac from your very own master suite is just one of the exceptional offerings at 8 Queen Street, Colac. Renovated to the highest standard, this Federation double storey home possesses elegance, history and a stunning vista. Walk along the ...

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House

VIC 3250


22 Churchill Square, Colac

$370,000

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Recent Revival

This two bedroom home is situated within a short walk to Bluewater Fitness Centre, Colac Secondary College and the corner milkbar. Boasting new window coverings, a fresh coat of neutral paint to lighten and brighten each space and a new split system, this property is comfortable and quaint. Ideal ...

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House

VIC 3250


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