Back 3/12 Manifold Street
Off Market

3/12 Manifold Street

Colac VIC 3250

2
1
1
131 m²
Apartment
Last sold for $320,000
Jake TheodoreJake Theodore, last sold this property on 11 April 2023 after 160 days on market.

Overview

Easy living at its best!

Low maintenance, great location and minimal garden If these are the top three things on your check list for your next investment, then look no further. This low maintenance two-bedroom unit is in the best location, just a short walk to the center of town, with hospitals, cafes and restaurants just up the street. Walk into the open plan living with kitchen, dining and living area which is a generous size and features electric cooking and plenty of cupboard space. With easy to care for vinyl flooring, a gas wall heater and split system to accommodate all types of weather. Both bedrooms have built-in robes and new carpet with neutral tones to make your own relaxing space. The bathroom/laundry includes a shower, vanity and laundry sink with a separate toilet located near the bedrooms. This unit has a practical layout with an east facing courtyard, ideal for the downsizer, retired couple or the astute investor who can expect a rent return of $300 - $320 per week.

Features

2 bedrooms
1 bathroom
1 carspace
131 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Colac over the last 12 months, the estimated median property value of 3/12 Manifold Street is $325k.

Median value
$325k
Estimated value range
$320k - $505k
Median days on market
34
Estimated value trend
-12%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Colac. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3/12 Manifold Street

2023
Sold
$320,000
Private Sale/Treaty on 11 Apr 2023 by Jake Theodore, of Richardson Real Estate Colac

Happy sellers in Colac

94%
94% of sellers in Colac reported that their sale price either exceeded or met their price expectations.

Colac stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 23 reviews in Colac over the last 12 months.

Local market activity for 2 bedroom apartments in Colac

In the last 12 months, 7 two-bedroom apartments similar to 3/12 Manifold Street, have been sold.

This represents a 30% increase in two-bedroom apartments sales when compared to the previous 12 months.

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