40 Ross St, Colac is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 1377m2 and floor size of 159m2. While the property is not currently for sale or for rent, it was last sold in June 2013.
Opportunity Knocks
This BV home ticks all the right boxes. It's in a popular location, on the west side of Colac, a 2 minute drive to CBD and a minute walk to shop and butcher. Invest or occupy in this well presented property that offers flexibility and is perfect for the savvy buyer seeking something to add further value to and capitalise. It boasts 3 bedrooms, BIRs and ensuite to main, 1 bathroom and 2 toilets, large lounge, and a separate dining. The large neat and tidy garden of 1384m2 make it the ideal property for anyone who loves to garden or would like the opportunity to develop further. Odds are you won't mind its other features either: storage room, garden shed, single garage, and plenty of off-street parking. At just $239,000, and with such a wide range of features, this home will go very quickly. Don't miss this opportunity. Call now to arrange an inspection.
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 5,911 properties. Over the last 5 years, Houses in Colac have seen a 29.97% increase in median value, while Units have seen a 13.51% increase. As at 30 June 2026:
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