3/1 Skene Street, Colac, VIC 3250 | Property Value & History | OnTheHouse
OFF MARKET

3/1 Skene Street
Colac VIC 3250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
Land area: 193m2
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Property Details for 3/1 Skene St, Colac

3/1 Skene St, Colac is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 193m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in March 2024.

Building Type
Unit
Year Built
1995
Floor Size
81m2
Land Size
193m2
Local Government
Colac Otway
Lot/Plan
3/PS333351

Last Listing description (June 2026)

Set in a highly convenient position within easy walking distance to the Colac CBD, this neatly presented two bedroom unit offers comfortable, low maintenance living in a highly sought after location and is currently leased at $410 per week with a secure tenancy in place until December 2026, making it an appealing option for investors and future owner occupiers alike.The home features light filled open plan living and dining areas that flow seamlessly into a well laid out kitchen equipped with electric cooking and generous storage. Year round comfort is provided with a split system and gas wall heater servicing the main living area, while both bedrooms are well proportioned and include built in robes. The central bathroom is neat and functional and has been well maintained.Outside, a private and secure yard offers a pleasant space to relax or enjoy some gardening, complemented by a single lock up garage and additional off street parking via the driveway. Well presented throughout and positioned in a quiet setting close to shops, services and everyday amenities, this property presents a smart investment or an easy living option in a central Colac location.*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 3/1 Skene St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$420,000
18 Mar 2024
  • 12 May 2026
    Listed for Sale $425,000 - $450,000
  • 10 Nov 2025
    Listed for Rent - Price not available
  • 19 Apr 2024
    Listed for Rent - Price not available
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About Colac 3250

The size of Colac is approximately 37.5 square kilometres. There are 20 parks, covering nearly 2.3% of the 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 60-69 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 5,781 properties. Over the last 5 years, Houses in Colac have seen a 27.57% increase in median value, while Units have seen a 9.35% increase. As at 31 May 2026:

  • The median value for Houses in Colac is $498,862 while the median value for Units is $358,349.
  • Houses have a median rent of $500 while Units have a median rent of $405.
There are currently 28 properties listed for sale, and 3 properties listed for rent in Colac on OnTheHouse. According to Cotality's data, 308 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.