1 Richard St, Colac is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 645m2. While the property is not currently for sale or for rent, it was last sold in July 2011.
First Home Buyer or Investment
For first home or investment this well presented home offers great potential. Situated in a quiet residential area close to schools, shops and sporting facilities. You can take advantage of this opportunity. Features include 3 bedrooms, freshly painted interior, functional kitchen, tidy bathroom and a cosy lounge (gas heating). Set on a good size allotment, ring today to arrange your inspection.
The size of Colac is approximately 37.5 square kilometres. It has 20 parks covering nearly 2.3% of 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 20-29 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 5,772 properties. Over the last 5 years, Houses in Colac have seen a 39.33% increase in median value, while Units have seen a 20.08% increase. As at 30 November 2025:
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