397b Murray St, Colac is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2024. While the property is not currently for sale or for rent, it was last sold in June 2021.
All the hard work has been done to bring this block of land to its current status ready to build. Underground power pit, water tapping, Sewer connections and even NBN conduit is run to the property boundary.
Current owners are reluctantly selling this due to their builder can not proceed anymore. Architecturally drawn Plans, permits and all property certificates to start building can be made available to new owners if they are happy to build the same house. (This is an added bonus at no extra to pay)
Located Close to all amenities and the centre of Colac, this is an opportunity not to miss. Feel free to go down for a drive and call us for more details or paperwork you may require. Lal Gamage 0422 454 906
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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