38 Polwarth Street, Colac, VIC 3250 | Property Value & History | OnTheHouse
OFF MARKET

38 Polwarth Street
Colac VIC 3250

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 99m2
Land area: 550m2
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Property Details for 38 Polwarth St, Colac

38 Polwarth St, Colac is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1950. The property has a land size of 550m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
House
Year Built
1950
Floor Size
99m2
Land Size
550m2
Local Government
Colac Otway
Lot/Plan
1/LP3276

Last Listing description (March 2020)

This charming home offers function and style in a sought-after location. Representing great value for money, this home is ideal for those just starting out or would be a sound addition to any investment portfolio.

The home has a lovely cosy feel thanks to the warm polished timber floors, the big windows allow in plenty of natural light and the ducted heating will be welcomed in the winter months.


The L shaped layout positions the lounge room at the front of the home along with the smallest of the three bedrooms, all of which have built-in robes.

The attractive and functional kitchen features timber cabinetry, dishwasher and gas cooking with an adjacent, dedicated dining room with sliding door access to the undercover timber deck.

Out the back, you also have a four-bay garage and the home is situated on a good-sized block.

The east side location is ideal as you are close to the local IGA, Colac Primary School and just a short walk into central Colac.

Investors, expect a rent return of $350pw.

Property History for 38 Polwarth St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$325,000
26 Feb 2020
Listed for Rent
$185/w
29 Jun 2006
  • 26 Feb 2020
    Sold for $325,000
  • 11 Feb 2020
    Listed for Sale $325,000
  • 04 Jul 2019
    Transferred
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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 5,772 properties. Over the last 5 years, Houses in Colac have seen a 39.33% increase in median value, while Units have seen a 20.08% increase. As at 30 November 2025:

  • The median value for Houses in Colac is $495,973 while the median value for Units is $354,662.
  • Houses have a median rent of $470 while Units have a median rent of $390.
There are currently 21 properties listed for sale, and 3 properties listed for rent in Colac on OnTheHouse. According to Cotality's data, 257 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.