14 Rankin Street, Colac, VIC 3250 sold on 16 April 2026 | OnTheHouse
SOLD
Sold on 16 Apr 2026 for $300,000

14 Rankin Street
Colac VIC 3250

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 599m2
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Property Details for 14 Rankin St, Colac

Building Type
Land
Land Size
599m2
Local Government
Colac Otway
Lot/Plan
15/LP31957

Last Listing description (July 2026)

Set on a generous 599sqm allotment in a well-established and desirable neighbourhood, this property offers a rare chance to build your dream home or investment project with future potential already secured. With approved plans for a two-lot subdivision, you can construct now and capitalise later.All essential services are available, streamlining the building process and reducing upfront costs. The location is ideal, close to schools, popular sporting venues, and just minutes from the CBD, making it perfect for families, professionals, or developers seeking long-term value.Whether you're looking to create a comfortable residence or take advantage of the subdivision approval down the track, this block delivers flexibility, convenience, and strong growth prospects.*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 for 14 Rankin St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$300,000
16 Apr 2026
  • 16 Apr 2026
    Sold for $300,000
  • 28 Feb 2026
    Listed for Sale $300,000
  • 27 Oct 2025
    Listed for Sale $300,000
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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 30.01% increase in median value, while Units have seen a 13.35% increase. As at 31 July 2026:

  • The median value for Houses in Colac is $512,595 while the median value for Units is $374,206.
  • Houses have a median rent of $490 while Units have a median rent of $415.
There are currently 28 properties listed for sale, and 3 properties listed for rent in Colac on OnTheHouse. According to Cotality's data, 357 properties were sold in the past 12 months in Colac.

Suburb Insights for Colac 3250

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Richardson Real Estate Colac
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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.