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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


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

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 5 of 109 investment properties found in Colac on realestateinvestar.com.au

3 Kemp St, Colac

$475,000

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A HOME THAT BRINGS PEOPLE TOGETHER

Positioned in a quiet Colac street, this three-bedroom home delivers a well-considered layout with an easy sense of flow between indoor living and outdoor space. Natural light fills the main living area, where hardwood floors introduce warmth and character. The kitchen is practical and well laid ...

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VIC 3250


16 McDonald St, Colac

$530,000

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CHARM, CHARACTER AND A PRIME POSITION

Beautifully refreshed and perfectly positioned, this charming character home offers comfortable living just moments from Lake Colac, the walking tracks, bowling club, and an easy stroll to the CBD and local amenities. Recently updated with fresh paint throughout and brand-new carpets in two ...

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House

VIC 3250


1 McLennan St, Colac

$870,000

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EFFORTLESS FAMILY LIVING

Set on a substantial 1,232sqm allotment where immaculately presented gardens take centre stage, this exceptionally maintained residence delivers space, flexibility, and a setting that feels settled from the moment you arrive. Inside, the home is anchored by multiple living zones, three in total, ...

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VIC 3250


7 Howey Ct, Colac

$395,000

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POSSIBILITY AWAITS

Within walking distance to the Lake Colac walking tracks, this three bedroom home offers a fantastic opportunity for first home buyers, renovators or savvy investors alike. The home has great bones and plenty of potential to add your own touch over time. Set on a comfortable allotment of 578sqm ...

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VIC 3250


2A Wallace St, Colac

$688,000

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Flexible Family Living

Situated on a low-maintenance 658sqm block, this spacious four bedroom, two bathroom home offers a modern lifestyle with plenty of room for the whole family. As a near-new build, it also provides added peace of mind with the benefit of remaining under warranty. Designed with comfort and ...

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VIC 3250


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