Back 8 Dowling Street
Off Market

8 Dowling Street

Colac VIC 3250

2
1
1
781 m²
House
Lorin FiskLorin Fisk, last sold this property on 03 May 2022 after 82 days on market.

Overview

Prime Investment Opportunity

This home is an amazing opportunity not to be missed for any first home buyer, downsizer or savvy investor. Sitting on a sizeable 781sqm block and comprising two bedrooms with built in robes, generous lounge and dining plus kitchen with electric cooking and ample storage. Gas heating and reverse cycle air conditioner keep the home comfortable whilst the external roller shutters and solar panels assist with lower day to day running costs. There is plenty of room in the backyard, with a single garage and a relatively blank canvas. You can create your own garden or you might even look to subdivide the land and create a unit or granny flat in the back (STCA). Ideally located in a quiet street, just a short walk to Sacred Heart, Trinity College and the main street for all amenities. 8 Dowling Street presents a fantastic opportunity for your first home, investment or retirement Currently on a fixed lease until May 2022 and recently appraised to achieve approximately $330 per week.

Features

2 bedrooms
1 bathroom
1 carspace
781 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Colac over the last 12 months, the estimated median property value of 8 Dowling Street is $399k.

Median value
$399k
Estimated value range
$279.5k - $560k
Median days on market
30
Estimated value trend
4%
increase 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 8 Dowling Street

2024
Rented
Undisclosed
Leased on 19 Sep 2024 by Richardson Real Estate Colac
2022
Rented
Undisclosed
Leased on 13 Sep 2022 by Richardson Real Estate Colac
2022
Sold
Undisclosed
Private Sale/Treaty on 03 May 2022 by Lorin Fisk, of Charles Stewart 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 houses in Colac

In the last 12 months, 23 two-bedroom houses similar to 8 Dowling Street, have been sold.

This represents a 5% decrease in two-bedroom houses sales when compared to the previous 12 months.

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