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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 25.37% over the past year and changed 41.24% over 2 years.

The median rent in for houses is $355 per week and the median rental yield is 2.95%. Stock on the market for houses/townhouses has changed -23.78% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $387,500 and this has changed 22.04% over the past year. The average unit takes NA days to sell and the median rent for a unit in Colac-Otway is $270 per week, producing a rental yield of 3.62%.

Supply & Demand in Colac-Otway

0.37%

Current vacancy rate


47

Rental stock available


20,974

Population


16.05%

Rental population


1.31%

Current vacancy rate


38,065

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 $450,000 $387,500
Median price change - last quarter 3.82% 4.04% 0.00%
Median price change - 1 year 25.37% NA 22.04%
Median price change - 2 years 41.24% 5.88% 26.01%
  House Townhouses Units
Median weekly rent $355 $370 $270
Median yield % 2.95% 4.27% 3.62%
Median rent change - 1 year 7.57% 2.77% 0.00%
  House Units
Previous month sales 14 0
Stock on market previous month 141 12
Stock variance vs. last year -23.78% -45.45%
Average days on market NA NA

Colac-Otway investment property listings

Showing 5 of 138 investment properties found in Colac-Otway on realestateinvestar.com.au

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


13 McDonald St, Colac

$780,000

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One for the entertainer!

Stepping into the charming entry foyer, you will be surely impressed. This warm and welcoming two storey Californian Bungalow on the North of Murray is amazing, and retains many traditional features of this 1910-1930 era. Entering the property is a delight with magnificent double doors (superb ...

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House

VIC 3250


100 Main St, Elliminyt

$480,000

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Family Living at Its Best!

This property is open for inspection for fully vaccinated parties at the times advertised, in accordance with Covid-19 Mandatory Vaccination Directions. Please have your vaccination certificate with you upon attendance. This impressive brick home is perfectly attuned to the needs of a growing ...

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House

VIC 3250


1/18 Pascoe St, Apollo Bay

$699,000

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EASY, RELAXED LIVING

Location, location, location & no lawn mowing, weeding or gardening needed. Literally all only metres to the shops & cafes & 300 metres to the beach, this property could be the low maintenance coastal get away that you have been searching for. Offering a spacious & light filled open plan living, ...

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Unit

VIC 3233


116 Main St, Elliminyt

$650,000

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Welcome Home!

116 Main Street consists of four bedrooms, two bathrooms and two living areas, ideal for modern day living. Set on a generous parcel of 937sqm with an extra large double garage adjoining the house and most importantly vehicle access to the backyard. The block is a blank canvas and lends itself to ...

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House

VIC 3250


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