7 Gravesend StreetColac VIC 3250
Property Details for 7 Gravesend St, Colac
7 Gravesend St, Colac is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1940. The property has a land size of 551m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Last Listing description (January 2023)
Perched high on the Gravesend Street bend in the heart of Colac, this classic Federation style home has undergone a clever modern makeover that has upped the comfort without losing any of its original character and charm.
The open plan living area combines a cosy casual lounge with gas heating, split system, and reverse cycle air conditioning. Unique features such as stained-glass panels, ornate timber fretwork and timber floors add to the character.
Tucked in the corner is the updated kitchen with its Laminex benchtops and cupboards to make that cleaning up after prep time easier. Included is a gas cook top and oven and dishwasher with ample cupboard and draw space to keep this area always decluttered.
It features three bedrooms which all have built-in robes, quality carpeting and a neutral colour scheme in the bedrooms which adds a tranquil ambience.
The main family bathroom has modern fixtures and fittings including a framed shower and toilet and sits at the rear of the home. The master bedroom also has a stylish ensuite with modern features and is wheelchair friendly.
Step outside to discover a multipurpose bungalow / studio ideal for working from home, with an outside toilet nearby and laundry room. There is space for an outdoor dining area and a well-maintained garden with three rainwater tank and a 5kw solar power system to help keep the energy bills down. The double carport and garage can be accessed from the laneway running along the rear of the property.
Just a short stroll from the Woolworths shopping complex, medical precinct, Colac train station and Central Reserve / City Bowls club, the location is ideal and would suit both the owner-occupier and investor alike.
Property History for 7 Gravesend St, Colac, VIC 3250
- 03 Nov 2022Sold for $480,000
- 18 Oct 2022Listed for Sale $440,000 to $460,000
- 25 Feb 2021Sold for $380,600
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0About 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 5,783 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.
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