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3/7 Moet Street, Colac$220,000
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For Saleapartment

3/7 Moet Street

Colac, VIC 3250, Australia
$215,000 – $225,000
1 bed 1 bath 1 car224 m²

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About this property

This modest one-bedroom, one-bathroom unit presents a fantastic opportunity for those looking to enter the property market, invest, or renovate. While basic in its current condition and in need of some TLC, it offers solid potential with a functional layout. The open-plan design combines the living, dining, and kitchen areas, equipped with freestanding electric cooking, laminate benchtops, cabinetry, and a built-in cupboard pantry. The bedroom includes a built-in robe, and comfort is maintained year-round with a split system unit. Outside, there are small front and rear yard spaces, along with a single carport for off-street parking. This freestanding unit is currently tenanted at $250 per week, with a lease in place until March 2026, making it an ideal option for investors seeking immediate returns. *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 Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
1
Land Area
224 m²
Listed
3 months ago

Repayment calculator

$1,067/month
$533 /fortnight
Loan $176,000 at 6.10% over 30 years

Upfront costs

Deposit$44,000
Stamp duty$8,270
Conveyancing (est.)$2,000
Total upfront$54,270
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Colac

This 1-bedroom apartment in Colac, VIC 3250 sits within reach of public transport, local shops and nearby schools. It is listed 64% below the $611,868 median of 78 comparable apartmentswithin 5 km.

Schools near Colac

  • Lake Colac Schoolcombined · U · CoEd
  • Colac Primary Schoolprimary · Prep-6 · CoEd
  • Colac South West Primary Schoolprimary · Prep-6 · CoEd
  • Colac West Primary Schoolprimary · Prep-6 · CoEd
  • Colac Secondary Collegesecondary · 7-12 · CoEd
  • Trinity College Colacsecondary · 7-12 · CoEd

What's nearby

  • Gellibrand St/Pollack St (bus)508 m away
  • Kaisercraft Colac651 m away
  • Memorial Square592 m away
  • Lawrence Court Park1.2 km away
  • Western Bay Playground1.6 km away

Colac at a glance

Full suburb profile
Population
9,243
Median age
44
Household income
$1,108/wk
Median rent
$260/wk
Median mortgage
$1,213/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Colac price trend

Median sold · Unit 2 bed

Compound growth +0.7% / yr over 4 yrs

$360kcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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