15 Chapel St, Colac is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 664m2 and floor size of 147m2. While the property is not currently for sale or for rent, it was last sold in March 2020.
Whether youre looking for your first home or are ready to kick off your investment portfolio, this brick veneer home represents a great place to start.
Set on a good size block in a sought-after location, the bones of this home are solid and with a few inexpensive cosmetic changes, there is potential to increase the propertys value in the short term and renovate down the track for long term capital gain.
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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