249-251 Murray Street, Colac, VIC 3250 | Property Value & History | OnTheHouse
OFF MARKET

249-251 Murray Street
Colac VIC 3250

Bedrooms: -
Bathrooms: -
Car spaces: 5
Floor area: 500m2
Land area: 648m2
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Property Details for 249-251 Murray St, Colac

Building Type
Commercial
Floor Size
500m2
Land Size
648m2
Local Government
Colac Otway
Lot/Plan
1/TP193652

Last Listing description (July 2008)

BUSINESS FOR SALE - SERVICES - RETAIL - AUTOMOTIVE - V08-027
AUTO PARTS AND ACCESSORIES, AUTO ELECTRIC REPAIRS
TYPE OF BUSINESS:

THIS EXCELLENT AUTO PARTS AND ACCESSORIES AND AUTO ELECTRICS REPAIRS BUSINESS HAS BEEN ESTABLISHED FOR 50 YEARS.
A SPECIALLY-EQUIPPED SERVICE VAN HANDLES REPAIRS ON SITE, AT FARMS OR PRIVATE ADDRESSES.
MORE WORK THAN THEY CAN HANDLE:
REPAIR WORK IS CURRENTLY RUNNING AT CAPACITY BUT COULD BE INCREASED AS THE DEMAND IS THERE.
THE BUSINESS WOULD BE SUITABLE FOR A FAMILY AS THE TOWN HAS ALL THE NECESSARY INFRASTRUCTURE.
THERE IS ALSO POTENTIAL FOR ON-LINE ORDERING TO INCREASE THE BUSINESS FROM OUTLYING AREAS.
TOP LOCATION:
THE BUSINESS, BASED IN SOUTH WEST VICTORIA, ENJOYS A MAIN ROAD LOCATION IN THE CENTRE OF A BUSY, WEALTHY, RURAL TOWN WITH A SIGN WRITTEN SHOP FRONT THAT STANDS OUT WITH GREAT VISUAL IMPACT TO PASSING TRAFFIC MAKING THE NAME TOP OF THE MIND FOR VEHICLE SERVICE AND REPAIRS
GREAT REPUTATION:
CUSTOMER SERVICE HAS ALWAYS BEEN PARAMOUNT FOR WHICH THE BUSINESS ENJOYS AN EXCEPTIONALLY GOOD REPUTATION.

Property History for 249-251 Murray St, Colac, VIC 3250

A timeline of how this property has performed in the market
Listed for Rent
$671/w
18 Feb 2014
  • 18 Feb 2014
    Listed for Rent $35,004 / year
  • 17 May 2013
    Listed for Rent - Price not available
  • 14 Feb 2013
    Listed for Rent - Price not available
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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 5,798 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 23 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.