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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 $647,500 and this has changed -4.08% over the past year and changed -4.78% over 2 years.

The median rent in for houses is $430 per week and the median rental yield is 3.45%. Stock on the market for houses/townhouses has changed 12.30% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $490,000 and this has changed 0.00% over the past year. The average unit takes NA days to sell and the median rent for a unit in Colac-Otway is $335 per week, producing a rental yield of 3.55%.

Supply & Demand in Colac-Otway

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


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 $647,500 $902,500 $490,000
Median price change - last quarter -0.54% NA 2.10%
Median price change - 1 year -4.08% 9.39% 0.00%
Median price change - 2 years -4.78% 10.39% 7.69%
  House Townhouses Units
Median weekly rent $430 $400 $335
Median yield % 3.45% 2.30% 3.55%
Median rent change - 1 year 2.38% 0.00% -1.48%
  House Units
Previous month sales 13 1
Stock on market previous month 347 22
Stock variance vs. last year 12.30% -15.38%
Average days on market NA NA

Colac-Otway investment property listings

Showing 5 of 251 investment properties found in Colac-Otway on realestateinvestar.com.au

N/A, Colac

$578,358

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AFFORDABLE FAMILY HOME IN COLAC VICTORIA - POISED FOR GROWTH!

What's driving Colac is a combination of steady demand and very limited supply. From a fundamentals perspective, the rental market is the strongest indicator. Vacancy rates are currently sitting around 0.5%-0.9% (SQM Research / local agent data), which is extremely tight. Anything below 2% is ...

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House

VIC 3250


Lot 223 The Lookout, Elliminyt

$508,950

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Affordable First Home or Investment!

The Jasper is a thoughtfully designed family home with a contemporary feel. The master bedroom features a well-considered walk-in robe and ensuite, while two additional bedrooms offer built-in robes. The open-plan kitchen centres around a practical island bench great for casual meals along with a ...

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House

VIC 3250


304 Lady Franklin St, Colac

$555,800

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Build your dream home in a thriving location. Price inclusive of

3 Bedrooms 2 Bathrooms 2 Car Garage This floorplan comes with plenty of thoughtful inclusions that make everyday living a little easier: - FHOG applied - COLORBOND® steel roof - 20mm mineral surface benchtops to kitchen & bathrooms - All electric appliances & 3.5kw solar included - Water resistant ...

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House

VIC 3250


313 Road C, Colac

$604,400

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Build your dream home in a thriving location. Price inclusive of

4 Bedrooms 2.5 Bathrooms 2 Car Garage This floorplan comes with plenty of thoughtful inclusions that make everyday living a little easier: - FHOG applied - COLORBOND® steel roof - 20mm mineral surface benchtops to kitchen & bathrooms - All electric appliances & 3.5kw solar included - Water ...

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House

VIC 3250


172-174 Hearn St, Colac

$450,000

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Income from Day One...

This is a rare opportunity to acquire a dual-title commercial asset with a solid lease already in place. Comprising two separately titled blocks of approximately 195 sqm each, the offering includes a well-maintained commercial building and a vacant allotment. The north-facing premises has been ...

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Commercial

VIC 3250


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