1 Forbes Street, Colac, VIC 3250 | Property Value & History | OnTheHouse
OFF MARKET

1 Forbes Street
Colac VIC 3250

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 185m2
Land area: 680m2
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Property Details for 1 Forbes St, Colac

1 Forbes St, Colac is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1900. The property has a land size of 680m2 and floor size of 185m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Year Built
1900
Floor Size
185m2
Land Size
680m2
Local Government
Colac Otway
Lot/Plan
1/TP403867

Last Listing description (August 2021)

This superbly restored and renovated character home in one of Colac's most prominent locations is the property you can usually only dream of owning.
But this meticulously remastered, four bedroom home is on the market, and inspection is a must to truly understand the sense of style and livability on offer at 1 Forbes Street. The property is just a minutes stroll from the CBD, cafes, shops and many of Colac's major amenities.
The house itself is impressive from the moment you step onto the front return verandah and into the wide, welcoming entrance hall and take in the original features which have been retained and blended in a seamless flow with new features, all in keeping with the period. The lovely high ceilings, bay windows and polished Baltic pine floors create a feeling of grandeur, while the floor plan is ideal for family living or couples who love to entertain and host visitors. This outstanding location also provides potential for Bed and Breakfast accommodation or short term rental.

There's a private and spacious open plan family, dining and kitchen area at the rear of the home, a stunning family bathroom, master bedroom with a gas log fire, walk-in robe and ensuite and 3 other bedrooms, all with original fireplaces.
The kitchen- dining area boasts French doors which flow out to the rear return verandah, and a private backyard with secure fencing, a double garage and workshop (toilet) and enough space to relax, play and enjoy.
Nestled on a comfortable 680m2 allotment, this is a rare opportunity to secure one of Colac's most prominent and convenient residential locations.
Inspections strictly with exclusive selling agents
Stephen Lugg ph 0417 556 098 Michael Stewart ph 0418 520 467

Property History for 1 Forbes St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$747,500
20 Aug 2021
  • 20 Aug 2021
    Sold for $747,500
  • 14 Apr 2021
    Listed for Sale $765,000
  • 15 Feb 1976
    Sold
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About Colac 3250

The size of Colac is approximately 37.5 square kilometres. There are 20 parks, covering nearly 2.3% of the total area. The population of Colac in 2016 was 9048 people. By 2021 the population was 9243 showing a population growth of 2.2% in the area during that time. The predominant age group in Colac is 60-69 years. Households in Colac are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Colac work in a labourer occupation.In 2021, 65.80% of the homes in Colac were owner-occupied compared with 66.60% in 2016.

Colac has 5,911 properties. Over the last 5 years, Houses in Colac have seen a 29.97% increase in median value, while Units have seen a 13.51% increase. As at 30 June 2026:

  • The median value for Houses in Colac is $508,198 while the median value for Units is $374,794.
  • Houses have a median rent of $490 while Units have a median rent of $405.
There are currently 27 properties listed for sale, and 3 properties listed for rent in Colac on OnTheHouse. According to Cotality's data, 355 properties were sold in the past 12 months in Colac.

Suburb Insights for Colac 3250

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.