1/61 Gravesend Street, Colac, VIC 3250 | Property Value & History | OnTheHouse
OFF MARKET

1/61 Gravesend Street
Colac VIC 3250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 115m2
Land area: 298m2
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Property Details for 1/61 Gravesend St, Colac

1/61 Gravesend St, Colac is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1991. The property has a land size of 298m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in September 2017.

Building Type
Unit
Year Built
1991
Floor Size
115m2
Land Size
298m2
Local Government
Colac Otway
Lot/Plan
1/PS313473

Last Listing description (January 2018)

Appealing and well-maintained, offering excellent investment potential or a very comfortable home for the owner occupier
- Sunny, light filled living/dining area
- Well-designed Blackwood kitchen

- Two bedrooms, plus large 3rd bedroom or second living area
- Spacious bathroom (Blackwood fixtures and separate shower)
- Good size private outdoor area and single garage.
- Convenient residential location close to schools, library, Bluewater Fitness centre and a short stroll to the CBD.

Property History for 1/61 Gravesend St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$287,000
13 Sep 2017
Listed for Rent
$235/w
16 Sep 2016
  • 13 Sep 2017
    Sold for $287,000
  • 31 Aug 2017
    Listed for Sale $287,000
  • 06 Jul 2016
    Listed for Rent $235 / week
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About 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 5,772 properties. Over the last 5 years, Houses in Colac have seen a 39.33% increase in median value, while Units have seen a 20.08% increase. As at 30 November 2025:

  • The median value for Houses in Colac is $495,973 while the median value for Units is $354,662.
  • Houses have a median rent of $470 while Units have a median rent of $390.
There are currently 26 properties listed for sale, and 4 properties listed for rent in Colac on OnTheHouse. According to Cotality's data, 247 properties were sold in the past 12 months in Colac.

Suburb Insights for Colac 3250

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.