1/45 Corangamite StreetColac VIC 3250
Property Details for 1/45 Corangamite St, Colac
Last Listing description (May 2021)
Renewed 5 year lease to November 2019 plus options
Ball & Croft (trading as Betta): A Colac mainstay established 1929
Annual CPI rent reviews
Impressive 1,770 sqm retail showroom with 40 metre retail frontage
Long established and successful store in prime retail location amongst Coles Supermarket, Target and numerous nationals
Single tenant, minimum management investment
Colac: important commercial service centre drawing on a captive trade
catchment population in excess of 32,000
Rent: $119,275 pa
Property History for 1/45 Corangamite St, Colac, VIC 3250
- 07 Dec 2021Sold for $1,502,590
- 03 May 2021Listed for Sale Price on Request
- 30 Nov 2018Listed for Sale Price on Request
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0About Colac 3250
The size of Colac is approximately 37.5 square kilometres. It has 20 parks covering nearly 2.3% of total area. The population of Colac in 2016 was 9048 people. By 2021 the population was 9243 showing a population growth of 2.2% in the area during that time. The predominant age group in Colac is 20-29 years. Households in Colac are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Colac work in a labourer occupation.In 2021, 65.80% of the homes in Colac were owner-occupied compared with 66.60% in 2016.
Colac has 5,801 properties. Over the last 5 years, Houses in Colac have seen a 32.43% increase in median value, while Units have seen a 11.62% increase. As at 31 March 2026:
- The median value for Houses in Colac is $505,560 while the median value for Units is $352,687.
- Houses have a median rent of $483 while Units have a median rent of $400.
Suburb Insights for Colac 3250
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