1 Murray Street, Colac, VIC 3250 | Property Value & History | OnTheHouse
OFF MARKET

1 Murray Street
Colac VIC 3250

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 451m2
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Property Details for 1 Murray St, Colac

1 Murray St, Colac is a 2 bedroom, 2 bathroom Townhouse with 2 parking spaces. The property has a land size of 451m2. While the property is not currently for sale or for rent, it was last sold in June 2003.

Building Type
Townhouse
Land Size
451m2
Local Government
Colac Otway
Lot/Plan
1/TP829494

Last Listing description (August 2018)

Queensborough Terrace
Prominently located on a corner at the entry to Colac s main retail strip is this beautiful and historic stone building.
Home to Simply Perfect Pieces which has operated from the site since 2006.

Renewed 3 year lease with one further 5 year option.
Current passing rent $30,928.44 + GST. Tenant pays all usual outgoings.
Land area of approximately 450sqm includes landscaped courtyard at rear of building.
Marvellous opportunity to acquire a landmark Colac property with sold cash flows.
Detailed IM available on inquiry with agents.

Property History for 1 Murray St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$160,000
05 Jun 2003
Listed for Rent
$456/w
24 Nov 2006
  • 27 Mar 2018
    Listed for Sale $500,000 plus GST
  • 27 Jul 2006
    Listed for Rent - Price not available
  • 05 Jun 2003
    Sold for $160,000
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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 5,795 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.
There are currently 21 properties listed for sale, and 4 properties listed for rent in Colac on OnTheHouse. According to Cotality's data, 289 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.