34 Murray Street, Colac, VIC 3250 sold on 18 June 2025 | OnTheHouse
SOLD
Sold on 18 Jun 2025 for $420,000

34 Murray Street
Colac VIC 3250

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 249m2
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Property Details for 34 Murray St, Colac

Building Type
Commercial
Land Size
249m2
Local Government
Colac Otway
Lot/Plan
1/TP223348

Last Listing description (August 2024)

The 'Wisemans Building' has a lovely facade with lots of glass window display and great visibility, making it suitable for a range of retail purposes or food and dining. The building has large kitchen space, with cool room and dining area that incorporates a bar. A second floor includes three main rooms, including a bathroom. The property has a rear access and storage areas. Site area of 250sqm. Building area 220sqm approx.
This property offers a rare opportunity to obtain a site in the main street of Colac ready for food, including take away sales or sit-down dining and a liquor licence. Direct exposure to the busy Princes Highway, close to the iconic Memorial Square and other food and hospitality businesses. Whether you are an owner operator, or an investor maybe this is the site you have been looking for?

Property History for 34 Murray St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$420,000
18 Jun 2025
Listed for Rent
22 Mar 2022
  • 18 Jun 2025
    Sold for $420,000
  • 01 Mar 2025
    Transferred
  • 07 Aug 2024
    Listed for Sale $495,000 + GST
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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 5,772 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:

  • The median value for Houses in Colac is $495,973 while the median value for Units is $354,662.
  • Houses have a median rent of $470 while Units have a median rent of $390.
There are currently 26 properties listed for sale, and 4 properties listed for rent in Colac on OnTheHouse. According to Cotality's data, 245 properties were sold in the past 12 months in Colac.

Suburb Insights for Colac 3250

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Cotality Copyright and Legal Disclaimers about Property Data
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.