116 Hearn Street, Colac, VIC 3250 | Property Value & History | OnTheHouse
OFF MARKET

116 Hearn Street
Colac VIC 3250

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 127m2
Land area: 1012m2
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Property Details for 116 Hearn St, Colac

116 Hearn St, Colac is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1930. The property has a land size of 1012m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in February 2015.

Building Type
House
Year Built
1930
Floor Size
127m2
Land Size
1012m2
Local Government
Colac Otway
Lot/Plan
10/LP9444

Last Listing description (February 2015)

So you thought you had been priced out of the Colac market? This property could be your opportunity to enter the market and capitalize on this location. This neat Californian bungalow is nestled on a large allotment, yes thats right 983m2 approx. The home has attractive original features and is a blank canvas to offer further scope to renovate, extend or develop the site STCA. With endless potential this is a perfect time for that savvy buyer to roll up their sleeves and get on with it.

The home boasts three bedrooms, tidy kitchen, neat bathroom and a functional lounge room with wood heating keeping you cosy in the coolest of days. The rear yard offers established gardens and a timber garage/shed.

Within a short stroll to Regional Library, Colac Secondary College, Blue Water Fitness Centre and Milk Bar, all this adds up to a perfect home, perfect location and represents as an outstanding investment opportunity, either way the future is golden for the lucky buyer.

Property History for 116 Hearn St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$202,000
21 Feb 2015
  • 21 Feb 2015
    Sold for $202,000
  • 29 Jan 2015
    Listed for Sale AUCTION 21ST FEBRUARY @ 11.00AM
  • 02 Feb 1995
    Sold for $93,500
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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 20 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.