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

10 Station St, FORREST

$590,000

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2

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House

VIC 3236


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