140-142 Murray StreetColac VIC 3250
Property Details for 140-142 Murray St, Colac
Last Listing description (July 2018)
Dual street frontages & Johnstone s Laneway
This landmark Colac freehold situated right in the heart of Colac's main retail precinct has large volumes of passing pedestrian and vehicle traffic every day. Solid brick construction with clear span retail floor interior, complemented by a large second floor space that provides a myriad of potential use possibilities.
The location has the considerable benefit of Johnstone s Laneway and car park at the rear and the very well-used pedestrian thoroughfare on the west side of the building. Situated on a site of approximately 475m the building has the same footprint. A very rare opportunity to acquire a substantial vacant freehold in Murray Street / Princes Highway, Colac.
Property History for 140-142 Murray St, Colac, VIC 3250
- 12 Dec 2025Sold for $484,000
- 28 Jun 2018Sold for $506,000
- 21 Mar 2018Listed for Sale $550,000 + GST
Recent sales nearby
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0About Colac 3250
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 5,803 properties. Over the last 5 years, Houses in Colac have seen a 31.06% increase in median value, while Units have seen a 8.73% increase. As at 30 April 2026:
- The median value for Houses in Colac is $509,447 while the median value for Units is $352,124.
- Houses have a median rent of $490 while Units have a median rent of $405.
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