Colac has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -0.79% to date .
Across a shorter period, Colac, 3250 has seen a median price increase of 0.00% over the last quarter.
Property investors looking for a bargain in Colac should be aiming for at least -3.54% off the asking price, which is the average vendor discount being achieved at the moment.
Colac is 68th on a list of best yielding suburbs for rents in VIC with a 5.28% return
Giving property investors a a solid capital gain of 23.47% for the last year, Colac, 3250 is the 70th highest performer in Australia in this respect.
Colac,3250 was ranked 1228 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Colac is offering property investors an average of -5.98. This rate of discount on properties puts Suburb at number 235th in terms of most discounted suburbs in VIC