Median Sale Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $217,500 | 0.0% | $106,500 | $420,000 | 50 |
| 2010 | $234,000 | +7.1% | $110,000 | $650,000 | 85 |
| 2011 | $219,000 | -6.8% | $61,000 | $780,000 | 48 |
| 2012 | $225,000 | +2.7% | $130,000 | $625,000 | 53 |
| 2013 | $230,000 | +2.2% | $42,000 | $525,000 | 137 |
| 2014 | $238,000 | +3.4% | $100,500 | $830,000 | 143 |
| 2015 | $246,000 | +3.3% | $150,000 | $647,500 | 83 |
| 2016 | $260,000 | +5.4% | $148,001 | $775,000 | 159 |
| 2017 | $282,000 | +7.8% | $115,000 | $840,000 | 153 |
| 2018 | $300,000 | +6.0% | $148,000 | $720,000 | 172 |
| 2019 | $315,000 | +4.8% | $75,000 | $851,500 | 158 |
| 2020 | $355,000 | +11.3% | $210,000 | $1,000,000 | 133 |
| 2021 | $425,000 | +16.5% | $195,000 | $1,410,000 | 167 |
| 2022 | $505,000 | +15.8% | $280,000 | $1,200,000 | 166 |
| 2023 | $485,000 | -4.1% | $275,000 | $1,600,000 | 144 |
| 2024 | $470,000 | -3.2% | $290,000 | $935,000 | 141 |
Median Sale Price
$475K
Based on 155 recorded sales within the last 12 months
Updated on 4 Dec 2024
Suburb Growth
-1.1%
Current Median Price: $475,000
Previous Median Price: $480,000
Based on 294 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2024)
Price Range Segments (12 months ending Nov 2024)
Median Weekly Rent Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $235 | 0.0% | $120 | $375 | 104 |
| 2012 | $250 | +6.0% | $120 | $520 | 123 |
| 2013 | $260 | +3.8% | $150 | $450 | 192 |
| 2014 | $280 | +7.1% | $165 | $400 | 187 |
| 2015 | $270 | -3.7% | $80 | $2,580 | 201 |
| 2016 | $280 | +3.6% | $125 | $420 | 194 |
| 2017 | $290 | +3.4% | $150 | $450 | 163 |
| 2018 | $320 | +9.4% | $100 | $500 | 133 |
| 2019 | $320 | 0.0% | $170 | $700 | 170 |
| 2020 | $320 | 0.0% | $200 | $480 | 148 |
| 2021 | $365 | +12.3% | $130 | $490 | 96 |
| 2022 | $400 | +8.8% | $260 | $520 | 112 |
| 2023 | $420 | +4.8% | $180 | $600 | 129 |
| 2024 | $430 | +2.3% | $260 | $600 | 123 |
Median Rent Price
$430
per week
Based on 132 recorded rent within the last 12 months
Updated on 4 Dec 2024
Rent Price Growth
+2.3%
Current Median Rent: $430
Previous Median Rent: $420
Based on 265 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.7%
Current Median Price: $475,000
Current Median rent: $430
Based on 287 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2024)
Auction Results For Colac
Houses sold in Last 12 months ends 30 Nov 2024
$455K
Median Sale Price
34%
Clearance Rate
3/9
Sold/Reported
$455K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $400 K - $600 K (Median Price Range) | 2 | |
Similar Suburbs to Colac 3250
Based on median house sale price sold in last 12 months
Schools closest to Colac, VIC 3250
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Colac West Primary School | 12 LIGAR STREETColac 3250 | Primary | Government | 0.41 km |
| St Mary's School | CALVERT STColac 3250 | Primary | Catholic | 0.63 km |
| Colac South West Primary School | 238 WILSON STREETColac 3250 | Primary | Government | 1 km |
| Trinity College Colac Inc | 119 HART STREETColac 3250 | Secondary | Catholic | 1.35 km |
| Colac Secondary College Murray Street Campus | Colac 3250 | Secondary | Government | 1.15 km |
| Sacred Heart School | 125 HART STCOLAC 3250 | Primary | Catholic | 1.57 km |
| Colac Secondary College | 173 QUEEN STREETColac 3250 | Secondary | Government | 1.53 km |
| Colac Primary School | 53-65 MURRAY STREET EASTColac 3250 | Primary | Government | 1.41 km |