39 Bilson St, Colac is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 550m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in December 2024.
As the market becomes increasingly harder to buy into, in terms of both supply & price, here is the perfect opportunity for you to get your feet into the market or grow your portfolio at an affordable price. This three bedroom brick property is situated north of Murray Street on a 548sqm block. As you enter the front door you will find the comfortable lounge room with ceiling fan, split system and a gas heater. An adjoining dining area follows with lino floors and ceiling fan. Adjacent is a functional gallery style kitchen with gas cooktop, textured white splashback tiles, ceiling fan, a double sink and great cupboard space.
Down the hallway there are three bedrooms with built in robes, master with a ceiling fan. The bathroom is bright and well-appointed to include a separate bath and shower. There is a double carport complimented by a lock up machinery shed/workshop. Spoiled for entertaining options there is a large covered alfresco and deck all facing a peaceful fernery. A low maintenance yard with minimal mowing with both front and back yards fully fenced. Situated just a short walk to Lake Colac, playground and Colac Bowling Club this is a fantastic little property in a good price bracket, not likely to last long in the current market.
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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