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Investment Property Colac-Otway, VIC

Region Snapshot

Colac-Otway is a region in Victoria, Australia. Colac-Otway has a population of 20,974 people and 16.05% of its occupants live in rental accommodation. The median listing price for houses is $625,000 and this has changed 13.63% over the past year and changed 30.61% over 2 years.

The median rent in for houses is $370 per week and the median rental yield is 3.07%. Stock on the market for houses/townhouses has changed -8.00% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $369,000 and this has changed 0.40% over the past year. The average unit takes NA days to sell and the median rent for a unit in Colac-Otway is $290 per week, producing a rental yield of 4.08%.

Supply & Demand in Colac-Otway

0.28%

Current vacancy rate


35

Rental stock available


20,974

Population


16.05%

Rental population


1.05%

Current vacancy rate


30,825

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-Otway

  House Townhouses Units
Median listing price $625,000 $485,000 $369,000
Median price change - last quarter 4.00% 0.00% -7.83%
Median price change - 1 year 13.63% -16.38% 0.40%
Median price change - 2 years 30.61% -16.38% 19.03%
  House Townhouses Units
Median weekly rent $370 $350 $290
Median yield % 3.07% 3.75% 4.08%
Median rent change - 1 year 8.82% -5.41% 7.40%
  House Units
Previous month sales 10 2
Stock on market previous month 138 12
Stock variance vs. last year -8.00% -7.69%
Average days on market NA NA

Colac-Otway investment property listings

Showing 5 of 122 investment properties found in Colac-Otway on realestateinvestar.com.au

156 Wilson St, COLAC

$380,000

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Ripe for Renovation

There is no hiding from the fact that this home could reach further potential with some renovating and modern touches, nevertheless it offers extraordinary scope and is absolutely liveable as ...

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House

VIC 3250


2/20-22 Murray St, Apollo Bay

$750,000

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Central to Apollo Bay's best.

A short walk to both the beach & main street Single story 2 bedrooms Fully furnished A manageable & securely fenced courtyard. Currently utilised as a permanent rental with an approx. return of 3% Unit 2 /20-22 Murray St. is conservative investment that providing a 3 tiered financial opportunity: ...

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Unit

VIC 3233


2 Buchanan St, Beech Forest

$85,000

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OTWAY'S CAMPING BLOCK (NO BUILDING ALLOWED)

Located in the ever popular township of Beech Forest, within a short distance of Colac, Gellibrand, Apollo Bay and the Great Ocean Road, you will find this 668m2 parcel of land. With many of the local attractions at your doorstep, including: Triplet Falls, the Otway Fly and the Californian ...

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Rural

VIC 3237


44 Wallaces Rd, Barwon Downs

$1,650,000

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ESCAPE THE MADDENING CROWD

Your own piece of paradise. A rural retreat. A haven from the busy world. Whatever your motivation is it's hard to imagine a more picturesque , serene and alluring environment. Spread over 37.1 hectares ( 91.67 acres) of undulating land the original 50s home sits at the top of the hill surveying ...

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Rural

VIC 3243


5 Jillian Rd, Apollo Bay

$1,100,000

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SPACE, STYLE & EFFORTLESS INDOOR/OUTDOOR LIVING

5 Jillian Road is in an enviable location within easy walking distance to the beautiful beach, walking track, cafes and restaurants, golf course and Apollo Bay Harbour; you will be instantly impressed by this sensational 3-bedroom, 2-bathroom contemporary townhouse, designed for low maintenance ...

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Townhouse

VIC 3233


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