3 Mclennan Street, Colac, VIC 3250 | Property Value & History | OnTheHouse
 
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3 Mclennan Street
Colac VIC 3250

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 188m2
Land area: 1152m2
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Property Details for 3 Mclennan St, Colac

3 Mclennan St, Colac is a 4 bedroom, 2 bathroom House and was built in 1984. The property has a land size of 1152m2 and floor size of 188m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
House
Year Built
1984
Floor Size
188m2
Land Size
1152m2
Local Government
Colac Otway
Lot/Plan
1/TP649147

Last Listing description (June 2021)

Set on a generous 1256sqm block in a nice quiet street, this double brick home has a number of unique features that could really be enhanced through a thoughtful renovation adding both charm and value.

Spacious in its rectangular design, where exposed brick and timber beams feature heavily. The home offers three bedrooms, the impressive master has an ensuite and walk-in robe and is positioned at the east end entry along with a dedicated home office space, while the other bedrooms are at the west end of the home along with the main family bathroom.

The expansive central living area offers formal and informal dining space on either side of the central kitchen. The kitchen offers gas cooking, a dishwasher and ample cupboard space along with a breakfast bar. There is ample room here to transform the space and add instant value to this property.

Despite its size, the loungeroom feels very cosy thanks to the warm timber-lined ceiling and exposed beams. There a split system to keep you cosy all year round with lovely big timber windows and access through a glass sliding door out to the deck which runs the length of the living room.

If you enjoy gardening, then there is plenty to keep you occupied here with well-established garden beds, an undercover patio area that just needs some TLC, a storage area and galvanised steel garden shed. There is a double carport at the front and the home.

Situated on Colac's west side, you're just a short drive from local schools and shops and Western Reserve. If you're considering the property for investment expect a weekly rent return of $400 to $420pw.

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Property History for 3 Mclennan St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$440,000
04 Jun 2021
Listed for Rent
14 Apr 2020
  • 04 Jun 2021
    Sold for $440,000
  • 18 May 2021
    Listed for Sale $410,000
  • 26 Feb 2020
    Listed for Rent - Price not available
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About 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 5,810 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.
There are currently 19 properties listed for sale, and 2 properties listed for rent in Colac on OnTheHouse. According to Cotality's data, 278 properties were sold in the past 12 months in Colac.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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