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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


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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 1 of 1 investment properties found in Colac on realestateinvestar.com.au

242 Murray St, Colac

$370,000

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HIGH-EXPOSURE TAKEAWAY/RETAIL OPPORTUNITY

Positioned in a premium location on Murray Street (Princes Highway), this outstanding commercial property sits at the heart of Colac's thriving takeaway food precinct. Surrounded by major national and local operatorsincluding KFC, McDonald's, Noodle Box, Thai and Kebab outletsthis is a ...

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Commercial

VIC 3250


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