12 Speirs Street, Colac, VIC 3250 | Property Value & History | OnTheHouse
OFF MARKET

12 Speirs Street
Colac VIC 3250

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 162m2
Land area: 676m2
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Property Details for 12 Speirs St, Colac

12 Speirs St, Colac is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2011. The property has a land size of 676m2 and floor size of 162m2. While the property is not currently for sale or for rent, it was last sold in September 2024.

Building Type
House
Year Built
2011
Floor Size
162m2
Land Size
676m2
Local Government
Colac Otway
Lot/Plan
16/LP31957

Last Listing description (June 2023)

Nestled comfortably in quiet Speirs Street sits this outstanding, modern 4 bedroom home. With large open light filled spaces throughout and a tremendous location, close to recreation and schooling, this property is an excellent option for those looking for a worthy addition to any healthy portfolio.

The property boasts four large bedrooms, two with built in robes, while the master offers a large walk in wardrobe and a stunning ensuite complete with stylish fittings and finishings. The fourth bedroom have the versatility to double as a rumpus, home office or extra living. A spacious, open plan area again with bountiful natural light features a large and functional kitchen and dining space as well as a family area including a built in entertainment unit and shelving. The whole home is serviced by ducted gas heating and a split system will keep you cool in the warmer months.

As an added investor bonus this property is currently leased to a local company for employee accommodation at $600 per week. The current lease agreement expires in May 2024 and includes at renter cost a gardener and cleaner on a fortnightly basis.

For those looking to owner occupy this may also be able to occur with mutual agreement of the company.

Outside the entertaining spaces are plentiful, with a well maintained garden and lawn. The decking on the north side of the home gives a wealth of sunlight, perfect for afternoon guests and the fire pit and surrounding benches create a comfortable and warm locale for entertaining during cooler periods. A caravan pad sperate to the car parking means your home away from home is safe and sound as well.

Located just one block from Colac secondary college and Bluewater fitness centre, the location certainly will not leave you wanting and with minimal traffic you can be sure of a safe and quiet street free from through traffic and noise. Don't miss your chance to secure this one. Call us today to register your interest.

Property History for 12 Speirs St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$560,000
23 Sep 2024
  • 23 Sep 2024
    Sold for $560,000
  • 15 Nov 2022
    Listed for Sale $625,000
  • 24 May 2021
    Sold for $521,750
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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 5,801 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.
There are currently 26 properties listed for sale, and 5 properties listed for rent in Colac on OnTheHouse. According to Cotality's data, 301 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.