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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 $527,500 and this has changed 5.50% over the past year and changed 6.56% over 2 years.

The median rent in Colac for houses is $420 per week and the median rental yield is 4.14%. Stock on the market for houses/townhouses has changed 4.84% compared to last year and the average time to sell a house/townhouse is 104 days.The median listing price for units is $427,000 and this has changed 4.14% over the past year. The average unit takes 75 days to sell and the median rent for a unit in Colac is $325 per week, producing a rental yield of 3.95%.

Supply & Demand in Colac, Colac-Otway

0.42%

Current vacancy rate


20

Rental stock available


9,048

Population


24.42%

Rental population


0.39%

Current vacancy rate


54

Rental stock available


20,974

Population


16.05%

Rental population


0.94%

Current vacancy rate


29,256

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 $527,500 NA $427,000
Median price change - last quarter 0.47% NA 1.42%
Median price change - 1 year 5.50% NA 4.14%
Median price change - 2 years 6.56% NA 6.08%
  House Townhouses Units
Median weekly rent $420 $400 $325
Median yield % 4.14% NA 3.95%
Median rent change - 1 year 5.00% NA -1.52%
  House Units
Previous month sales 5 1
Stock on market previous month 130 5
Stock variance vs. last year 4.84% -37.50%
Average days on market 104 75

Colac investment property listings

Showing 5 of 72 investment properties found in Colac on realestateinvestar.com.au

1/5 Pitt St, COLAC

$280,000

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Unit

VIC 3250


N/A, Colac

$200,000

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Red Rooster Colac - Rare Opportunity

Here is your chance to get a Company Red Rooster at a fraction of the price of a new store. This Business is currently closed looking for a new owner to reopen it. The 200k purchase price consists of $95k upfront at settlement with the remainder 100-120k due to complete a refurbishment within 12 ...

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Other

VIC 3250


35 Hugh Murray Dr, Colac

$530,000

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Supreme Business or Investment Opportunity!

The perfect commercial opportunity has just arisen in the highly sought after yet rarely available Hugh Murray Drive industrial precinct. Craftsmen built and finished to perfection this 24.8 x 12 m shed is perfect for that next business pursuit. Fitted out with a modern office space with split ...

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Commercial

VIC 3250


61 Redgum Ct, COLAC

$507,000

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VIC 3250


68 Wilson St, Colac

$650,000

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Expansive Family Home on a Generous Block Room to Grow and Thri

This beautifully presented 4-bedroom, 2-bathroom brick veneer home offers the perfect blend of comfort, style, and practicality. Located in a sought-after neighbourhood, just a stone's throw from the lively Eastern Oval sporting precinct, this home is ideal for those who enjoy a vibrant and active ...

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VIC 3250


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