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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 $367,000 and this has changed 5.15% over the past year and changed 8.90% over 2 years.

The median rent in Colac for houses is $340 per week and the median rental yield is 4.81%. Stock on the market for houses/townhouses has changed -12.50% compared to last year and the average time to sell a house/townhouse is 119 days.The median listing price for units is $329,500 and this has changed 31.80% over the past year. The average unit takes 111 days to sell and the median rent for a unit in Colac is $270 per week, producing a rental yield of 4.26%.

Supply & Demand in Colac, Colac-Otway

0.58%

Current vacancy rate


26

Rental stock available


9,048

Population


24.42%

Rental population


0.37%

Current vacancy rate


47

Rental stock available


20,974

Population


16.05%

Rental population


1.52%

Current vacancy rate


43,992

Rental stock available


5,926,624

Population


24.77%

Rental population


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

Statistical data for Colac, Colac-Otway

  House Townhouses Units
Median listing price $367,000 NA $329,500
Median price change - last quarter 1.67% NA 12.82%
Median price change - 1 year 5.15% NA 31.80%
Median price change -2 years 8.90% NA 34.48%
  House Townhouses Units
Median weekly rent $340 $365 $270
Median yield % 4.81% NA 4.26%
Median rent change - 1 year 6.25% NA 8.00%
  House Units
Previous month sales 5 0
Stock on market previous month 56 7
Stock variance vs. last year -12.50% 75.00%
Average days on market 119 111

Colac investment property listings

Showing 5 of 51 investment properties found in Colac on realestateinvestar.com.au

1 Forbes St, Colac

$765,000

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Stylish character home- Prominent location.

This superbly restored and renovated character home in one of Colac's most prominent locations is the property you can usually only dream of owning. But this meticulously remastered, four bedroom home is on the market, and inspection is a must to truly understand the sense of style and livability ...

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VIC 3250


58 Murray Street East, Colac

$420,000

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Handy location

As you step into the front entry of this contemporary and elegant double brick home, you will appreciate that this home was a special build in an era of quality. The family have immaculately maintained this property over these years, so all the charming traits still shine through today. This very ...

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House

VIC 3250


172 Queen St, Colac

$395,000

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Queen Street Gem!

Don't miss this opportunity to secure a terrific family home within a stone's throw to Colac Secondary College and Bluewater Fitness Centre, inspire the whole family to keep active. The milk bar is located across the road and Coles complex is just a short drive further down Queen Street. A wide ...

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House

VIC 3250


3/8 Polwarth St, Colac

$430,000

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Low Maintenance Modern Living

It is Unit 3's turn to hit the market! Find out what your neighbours already know, low maintenance modern living is the simply the best! Situated in a fantastic north of Murray Street location within a very short walk to Colac Primary School and IGA supermarket, across the road from the East ...

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VIC 3250


30 Pollack St, Colac

$797,000

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UNIQUE BLUE RIBBON OPPORTUNITY

On offer are four units in Colacs blue ribbon residential area. Three blocks to the CBD and two blocks too the Botanic Gardens and Lake Colac. UNIT 1 & 2 consist of two bedrooms with lounge, kitchen, bathroom and laundry, whilst unit 3 & 4 offer one bedroom, kitchen, lounge, laundry, bathroom & ...

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VIC 3250


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