20 Wallace StreetColac VIC 3250
Property Details for 20 Wallace St, Colac
20 Wallace St, Colac is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 890m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 2 bedroom House sold in Colac in the last 12 months.
Last Listing description (August 2025)
Auction Location: 20 Wallace Street, Colac
If you're not afraid of hard work and have an eye for potential, 20 Wallace Street could be the project you've been looking for. Set on a spacious 890m allotment in an established part of Colac, this two-bedroom weatherboard home in original condition is in need of a major renovation or redevelopment to make way for something new (STCA).
The home comprises two spacious bedrooms, a kitchen/meals area, central living, and an undercover outdoor area, offering a versatile layout. Completing the package is a large 6m x 14m shed with power and a concrete slab base, providing plenty of space for storage, a workshop, or other uses.
This is a property for serious renovators or developers ready to take on a challenge and unlock the potential. Roll up your sleeves and bring your vision to life.
For sale by Public Auction, Saturday 26th July at 11.00am on-site unless sold prior.
DISCLAIMER: While utmost care has been taken to verify the accuracy of the information provided above, it should not be construed as a representation by the vendor or the agent/agency. All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
Property History for 20 Wallace St, Colac, VIC 3250
- 26 Jul 2025Sold for $316,000
- 02 Jul 2025Listed for Sale Auction - Saturday 26th July 2025 at 11am
- 18 Jan 1999Sold for $40,000
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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 5,769 properties. Over the last 5 years, Houses in Colac have seen a 30.44% increase in median value, while Units have seen a 17.67% increase. As at 31 January 2026:
- The median value for Houses in Colac is $489,432 while the median value for Units is $351,796.
- Houses have a median rent of $480 while Units have a median rent of $400.
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