7 Parkes Street, Colac, VIC 3250 | Property Value & History | OnTheHouse
OFF MARKET

7 Parkes Street
Colac VIC 3250

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 749m2
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Property Details for 7 Parkes St, Colac

Building Type
Land
Land Size
749m2
Local Government
Colac Otway
Lot/Plan
13/LP32716

Last Listing description (January 2025)

This expansive 749sqm block is ideally situated for tranquil living, offering ample space for a custom-designed residence. The potential to create a home that aligns with your aesthetic and functional desires is boundless (STCA).

With existing water and power connections from a previous dwelling, the building process is set to be smooth and efficient. These provisions facilitate immediate planning and development, allowing you to concentrate on designing a home that reflects your personal style and meets all your needs.

Imagine savouring your morning with a captivating, serene view, and unwinding in the evening while watching the sunset over the water from the comfort of your own home.

Boasting a prime location, readiness for building, and the promise of a peaceful lakeside lifestyle, this block sets the stage for your dream home. Don?t miss this rare chance to create lasting memories in a home uniquely tailored to you.

*All information about the property has been provided to Richardson Real Estate by third parties. Richardson Real Estate has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property.

Property History for 7 Parkes St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$295,000
18 Nov 2024
  • 18 Nov 2024
    Listed for Sale $295,000
  • 18 Nov 2024
    Sold for $295,000
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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 5,801 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:

  • The median value for Houses in Colac is $505,560 while the median value for Units is $352,687.
  • Houses have a median rent of $483 while Units have a median rent of $400.
There are currently 25 properties listed for sale, and 5 properties listed for rent in Colac on OnTheHouse. According to Cotality's data, 303 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.