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2/5 Pitt Street, Colac, VIC 3250

2/5 Pitt Street, Colac, VIC 3250

1 / 7

View floor plan

For sale

NEW PRICE - $265,000 - $285,000

2/5 Pitt Street, Colac, VIC 3250

2

1

1

200m²

53m²

unit - unit: standard

Property Description

Listed on 22 July 2025

Unit 2 is the final opportunity within this well-presented development of four, ideally located at the front of the complex to offer a rare combination of privacy and easy access. The smart, functional layout includes two generously sized bedrooms, both with built-in robes providing ample storage. Split-system heating and cooling delivers year-round comfort, while the private courtyard offers a low-maintenance space perfect for entertaining or simply relaxing. The unit is individually titled with separate services, except for water which will be overseen by a body corporate—adding to the property's value and offering versatility for any investment portfolio. Positioned north of Murray Street, this tidy complex is a strong contender for investors, with Unit 2 currently leased at $310 per week. Conveniently located near the Colac Showgrounds, Australian Lamb Colac (Minerva Foods), IGA, and within a short five-minute drive—or fifteen-minute walk—to the CBD and all essential amenities, this is a chance not to be missed to secure a versatile and rewarding real estate asset. *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 history

A breakdown of how regularly this property entered and exited the market for sale or lease.

Sold
Jan 1975

$16,250

Sold
Oct 1982

Price undisclosed

Sold
Jun 1991

$45,750

Sold
Dec 2006

$105,000

Sold
Jul 1986

$36,000

Sold
Jan 1978

$26,000

Sold
Jun 2021

$225,000

Rental
Oct 2022

$300 WEEKLY

Listed for sale
Jul 2014

EXPRESSIONS OF INTEREST

Median unit price trends

Comparing the price trend of units in Colac against the state of Victoria over the last 4 years. Source: CoreLogic

Comparable properties

See what similar properties in the area are selling and listed for.

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Market activity

A snapshot of how quickly properties are selling in the area and how many are currently available.

41 Days

House median days on market

72 Days

Unit median days on market

185 Properties

Sold in last 12 months

42 Properties

Available in the last month

Colac residents

Key characteristics of the residents in the area, view the full breakdown of the suburb here.

60+

Is the most common age range

Outright Owners

Most common occupant type

Singles

Most common household profile

Labourers

Most common occupation

Detached Houses

Most common property type

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Nearby education

Schooling and educational options in the area, for all ages.

Colac Primary School

K - Yr 6

Government

Colac South West Primary School

K - Yr 6

Government

Colac West Primary School

K - Yr 6

Government

Lavers Hill K-12 College - Greater Otway Applied Learning School

K - Yr 12

St Mary's School

K - Yr 6

Catholic

Get a wider view

Widen your research to learn about the suburb, council or state that this property belongs to.

Colac

View the suburb data

Colac Otway

View the council data

Victoria

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Explore surrounding suburbs

Learn about neighbouring suburbs to see if they are better suited to your budget or lifestyle.

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Jake Theodore

Richardson Real Estate Colac

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