2/5 Pitt StreetColac VIC 3250
Property Details for 2/5 Pitt St, Colac
2/5 Pitt St, Colac is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1968. The property has a land size of 200m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Last Listing description (February 2026)
Unit 2 is the final opportunity within this well-presented development of four, ideally located at the front of the complex to offer a rare combination of privacy and easy access. The smart, functional layout includes two generously sized bedrooms, both with built-in robes providing ample storage. Split-system heating and cooling delivers year-round comfort, while the private courtyard offers a low-maintenance space perfect for entertaining or simply relaxing.
The unit is individually titled with separate services, except for water which will be overseen by a body corporateadding to the property's value and offering versatility for any investment portfolio.
Positioned north of Murray Street, this tidy complex is a strong contender for investors, with Unit 2 currently leased at $310 per week.
Conveniently located near the Colac Showgrounds, Australian Lamb Colac (Minerva Foods), IGA, and within a short five-minute driveor fifteen-minute walkto the CBD and all essential amenities, this is a chance not to be missed to secure a versatile and rewarding real estate asset.
*All information about the property has been provided to Richardson Real Estate by third parties. Richardson Real Estate has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property.
Property History for 2/5 Pitt St, Colac, VIC 3250
- 28 Feb 2026Listed for Sale NEW PRICE - $265,000 - $285,000
- 22 Jul 2025Listed for Sale NEW PRICE - $265,000 - $285,000
- 19 Oct 2022Listed for Rent $300 / 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 5,764 properties. Over the last 5 years, Houses in Colac have seen a 30.44% increase in median value, while Units have seen a 17.67% increase. As at 31 January 2026:
- The median value for Houses in Colac is $489,432 while the median value for Units is $351,796.
- Houses have a median rent of $480 while Units have a median rent of $400.
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