7 Kemp St, Colac is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1956. The property has a land size of 698m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in September 2015.
THIS PROPERTY IS POTENTIALLY THE CURRENT MARKET'S BEST BUY, SET ON A SPACIOUS ALLOTMENT OF 704 SQM (APPROX) WITH THE OPPORTUNITY TO IMPROVE THE PROPERTY THAT WILL MAKE YOUR BANK MANAGER SMILE! AN AFFORDABLE ENTRY LEVEL PROPERTY AND WITH SOME COSMETIC UPDATES WOULD REPRESENTS FANTASTIC VALUE AND MASSIVE POTENTIAL TO THE HOME OCCUPIER, FIRST HOME BUYER OR HANDYMAN, AND WOULD ALLOW THE OWNER AN OPPORTUNITY TO LIVE IN A GREAT CENTRAL LOCATION. THE HOME HAS PLENTY OF STREET APPEAL OFFERING HIGH CEILINGS, THREE BEDROOMS, CENTRAL BATHROOM, ENSUITE, A NEAT FUNCTIONAL KITCHEN WITH ELECTRIC COOKING ADJACENT TO MEALS AREA AND SPACIOUS LOUNGE. OUTSIDE THE PROPERTY OFFERS SINGLE GARAGE, SHEDDING AND NEAT GARDENS.
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:
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