1 Selwood St, Colac is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 602m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
If you simply want to step into the housing market, or simply want to start or add to your investment portfolio, there is not a simpler choice than this! This clad home in central Colac is neat and cosy and ready for a new owner.
The home offers a functional kitchen with an incorporated dining space and gas stove and cooktop. There is a good amount of cupboard space and a view of the backyard.
The lounge features a decorative retired fireplace and the polished timber floors add warmth and style. There is split system heating and cooling for year-round comfort. Timber venetian blinds also enhance the room.
The two bedrooms feature built in robes, are carpeted and contain picture railing on all walls.
The bathroom houses a vanity and shower and could easily be updated to a more contemporary style. There is a separate toilet and also a mud room off the laundry providing the perfect parking for boots and shoes in the colder, muddier months.
Located on a corner block, good fencing surrounds and there is access into the single shed off the side street. The home is set on a 602sqm block giving you plenty of room to enjoy the outdoors and plenty of scope to create your own little oasis or it even has potential for a sub division (STCA).
Currently the property is leased for a return of $255 per week.
Within walking distance to the Coles complex and ideally located to Colac Secondary College, Bluewater Leisure Centre and the central Reserve. Attractively priced and with interest rates at an all-time low, this home is well worth a look.
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 5,758 properties. Over the last 5 years, Houses in Colac have seen a 33.26% increase in median value, while Units have seen a 15.82% increase. As at 31 December 2025:
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