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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 $389,000 and this has changed 10.35% over the past year and changed 16.11% over 2 years.

The median rent in Colac for houses is $350 per week and the median rental yield is 4.67%. Stock on the market for houses/townhouses has changed -21.31% compared to last year and the average time to sell a house/townhouse is 107 days.The median listing price for units is $340,000 and this has changed 17.24% over the past year. The average unit takes 170 days to sell and the median rent for a unit in Colac is $270 per week, producing a rental yield of 4.12%.

Supply & Demand in Colac, Colac-Otway

0.51%

Current vacancy rate


23

Rental stock available


9,048

Population


24.42%

Rental population


0.41%

Current vacancy rate


51

Rental stock available


20,974

Population


16.05%

Rental population


1.37%

Current vacancy rate


39,814

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 $389,000 NA $340,000
Median price change - last quarter 3.73% NA 3.03%
Median price change - 1 year 10.35% NA 17.24%
Median price change - 2 years 16.11% NA 22.74%
  House Townhouses Units
Median weekly rent $350 $400 $270
Median yield % 4.67% NA 4.12%
Median rent change - 1 year 9.37% NA 0.00%
  House Units
Previous month sales 4 0
Stock on market previous month 48 4
Stock variance vs. last year -21.31% -33.33%
Average days on market 107 170

Colac investment property listings

Showing 5 of 37 investment properties found in Colac on realestateinvestar.com.au

20A Dowling St, Colac

$650,000

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Big Family Home in a Brilliant Location!

Centrally located to Trinity College and Colac Secondary College, this four-bedroom two-bathroom home provides space for the biggest of families. Taking advantage of the level block of 617sqm, the simple low maintenance garden and home are set at the front leaving plenty of space for outdoor ...

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VIC 3250


40 Stodart St, Colac

$400,000

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Neat as a Pin

40 Stodart Street presents the ideal opportunity to enter the market and not have to undertake a major renovation! Invest in the ever-growing suburb of Colac and enjoy a positive return on your investment. Offering an updated kitchen with modern colour palette and stainless steel Westinghouse ...

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VIC 3250


34 Calvert St, Colac

$425,000

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An investment as solid as the brick

If you're in the market to add to your property portfolio or ensure a home for yourself into the future, this is an opportunity to acquire a red brick home in the 'blue chip' zone of Colac, North of Murray Street. With a gentle walk to Murray Street, the lake and botanical gardens, this prime gem ...

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VIC 3250


13 McLaughlin St, Colac

$650,000

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IN A CLASS OF ITS OWN

Located in one of Colac's prettiest streets this character weatherboard home combines timeless period elegance along with all the comforts you'd expect from a home of this calibre. The attention to detail is evident from the moment you enter with beautiful leadlight windows featuring throughout, ...

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VIC 3250


94 Marriner St, Colac

$625,000

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MOVE STRAIGHT IN

This impressive brick home is conveniently located on the eastern fringe of Colac and offers great views and sunsets over Lake Colac. A quality built home surrounded by established properties that offers ample living spaces including an undercover entertainment area. The formal lounge and dining ...

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VIC 3250


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