40 Stodart St, Colac is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 559m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
40 Stodart Street presents the ideal opportunity for any buyer. Ready to live in with no major renovations needed, this three bedroom property offers the perfect opportunity for a family, investment buyer or those looking for low maintenance living.Offering an updated kitchen with modern colour palette and stainless steel Westinghouse appliances and three bedrooms all with built in robes and updated window furnishings. The home is kept comfortable via ducted heating and a split system air conditioner in the lounge room. Outdoors, the choice is yours. Set on 559sqm you can continue to keep the yard low maintenance with room for the swing set and trampoline or you may like to introduce veggie patches and enjoy the fruits of your labour! There is a large double garage with room for the vehicles or even a man cave/entertaining space being that it's adjoining the house.Currently tenanted achieving $460 per week, representing excellent value. Within close proximity to the lake, playground and walking tracks with a fantastic occupant in place. Invest in the ever-growing suburb of Colac and enjoy a positive return on your investment!
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 5,803 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:
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