FREE Property Report

31 Corangamite Street,
Colac VIC 3250

This property is Off Market

All about Colac Homes for sale in Colac


  • The Average property price in this area is $551,923, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 40.74 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

Enter your email to receive our comprehensive report for this property!

we don't spam privacy

About Colac

With an average age of 57, households expect an average monthly mortgage payment of $1,213 or a weekly rent payment of $260. The average family earns a weekly income of $1,562 with a typical household size of 1.7 and a 101.85% employment rate.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Colac due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Colac changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Colac the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 7%)

Are people healthy?

There are a recorded 1673 asthma sufferers and 520 people living with diabetes. In addition, 735 people have a heart/vascular condition and 1500 people live with three or more chronic diseases.

A good place to invest in property?

Colac a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

40 / 100

52 / 100

Industry

06 / 100

17 / 100

Population

21 / 100

32 / 100

House Prices

75 / 100

70 / 100

Jobs

09 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Colac Secondary College Colac West Primary School
  • Colac Secondary College

    Colac, VIC, 3250 State 7-12

  • Sacred Heart School

    Elliminyt, VIC, 3250 Independent Prep-6

  • St Mary's School

    Colac, VIC, 3250 Independent Prep-6

  • Colac Specialist School

    Colac, VIC, 3250 State U

  • St Brendan's School

    Coragulac, VIC, 3249 Independent Prep-6

  • Trinity College Colac Inc

    Colac, VIC, 3250 Independent 7-12

  • Elliminyt Primary School

    Elliminyt, VIC, 3250 State Prep-6

  • Colac Primary School

    Colac, VIC, 3250 State Prep-6

  • Colac West Primary School

    Colac, VIC, 3250 State Prep-6

  • Colac South West Primary School

    Colac, VIC, 3250 State Prep-6


Property Story

31 Corangamite Street, Colac, Vic, 3250 is a residential property . The estimated distance to the sea is 40.74km and at least 1.06KM to vegatation considered to be a factor in bushfire risk.

Local Developments

To see the latest development applications

Join us

Already have an account? Sign in

  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

Enter your email to receive our comprehensive report for this property.

we don't spam privacy

The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz 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 Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


Report this property

Lawlab logo

The new way of conveyancing from Australia’s leading conveyancer - Smart, simple and secure

Get an instant estimate


Oxygen logo Oxygen house logo

Home Loans Made Simple - Oxygen offers the hottest rates on the market

Apply now