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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 $500,000 and this has changed 1.01% over the past year and changed 13.12% over 2 years.

The median rent in Colac for houses is $400 per week and the median rental yield is 4.16%. Stock on the market for houses/townhouses has changed 44.19% compared to last year and the average time to sell a house/townhouse is 89 days.The median listing price for units is $410,000 and this has changed 1.86% over the past year. The average unit takes 73 days to sell and the median rent for a unit in Colac is $330 per week, producing a rental yield of 4.18%.

Supply & Demand in Colac, Colac-Otway

0.72%

Current vacancy rate


34

Rental stock available


9,048

Population


24.42%

Rental population


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, Colac-Otway

  House Townhouses Units
Median listing price $500,000 NA $410,000
Median price change - last quarter -1.48% NA -6.82%
Median price change - 1 year 1.01% NA 1.86%
Median price change - 2 years 13.12% NA 19.53%
  House Townhouses Units
Median weekly rent $400 NA $330
Median yield % 4.16% NA 4.18%
Median rent change - 1 year 1.26% NA -2.95%
  House Units
Previous month sales 3 0
Stock on market previous month 124 8
Stock variance vs. last year 44.19% 14.29%
Average days on market 89 73

Colac investment property listings

Showing 5 of 87 investment properties found in Colac on realestateinvestar.com.au

2/22 Ross St, COLAC

$499,000

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VIC 3250


19 Hill St, Colac

$569,000

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The Work is Done!

Nestled towards the end of a court, this immaculately kept brick residence offers warmth, comfort and modern convenience. Step inside to discover three cozy bedrooms, two are fitted with ceiling fans for comfort. An open plan family room seamlessly connects to the modern kitchen and meals area ...

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VIC 3250


64 Sinclair St, Colac

$400,000

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Unlock the Potential...

Nestled on a spacious 677 sqm block, this 3-bedroom weatherboard home is filled with character and potential, making it a compelling opportunity for investors, renovators, or first-time buyers eager to infuse their personal style into their new home. At the heart of the home is the lounge room, ...

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VIC 3250


86 Polwarth Street South, Colac

$795,000

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Spacious Home - Perfect for Entertaining!

Beautifully presented and set within an established area, this home is perfect for those who love to entertain. Set on approximately 867sqm of land, 86 Polwarth Street South is a haven where you can relax and enjoy. The floorplan will suit either the growing family or downsizer alike. Situated at ...

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VIC 3250


34 Hart St, Colac

$630,000

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Opportunities Galore

Welcome to 34 Hart Street, Colac, this charming mid-century home invites you to embrace a lifestyle of convenience with the town's conveniences at your doorstep! The striking and distinctive red/blue clinker brick façade perfectly represents the era in which this home was built. Step onto the ...

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VIC 3250


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