4 Wallace Street, Colac, VIC 3250 sold on 09 September 2025 | OnTheHouse
SOLD
Sold on 09 Sep 2025 for $475,000

4 Wallace Street
Colac VIC 3250

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 98m2
Land area: 1211m2
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Property Details for 4 Wallace St, Colac

4 Wallace St, Colac is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 1211m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 2 bedroom House sold in Colac in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
98m2
Land Size
1211m2
Local Government
Colac Otway
Lot/Plan
2/TP534559

Last Listing description (November 2025)

Set on a generous 1,121sqm block, this charming two-bedroom, one-bathroom home has been freshly painted inside and out, has an updated kitchen and new flooring, offering a welcoming move-in ready appeal.The new kitchen features stylish white cabinetry with overhead glass door cupboards, a crisp white tiled splashback, electric cooking, and new laminate flooring. The kitchen and dining area flow seamlessly into the living space, which is adjoined through an archway, while French doors at the front provide an additional entry and a touch of character. Comfort is ensured year-round with a split system and wood fire.One of the bedrooms is fitted with built-in robes and both with new carpet. The bathroom includes a shower and a separate toilet for convenience.Outside, the expansive 1,121sqm block is not only ideal for enjoying a large backyard but also offers fantastic scope for development or subdivision (STCA), providing excellent long-term potential. A double shed sits at the rear, adding practicality.Ideally located close to the CBD, Bunnings and Coles complex, this property offers both lifestyle and opportunity for the first home buyer, investor or developer.*All information about the property has been provided to Richardson Real Estate by third parties. Richardson Real Estate has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property.

Property History for 4 Wallace St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$475,000
09 Sep 2025
Listed for Rent
$250/w
11 Dec 2017
  • 09 Sep 2025
    Sold for $475,000
  • 26 Aug 2025
    Listed for Sale $465,000 to $495,000
  • 31 Aug 2020
    Sold for $310,000
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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 21 properties listed for sale, and 3 properties listed for rent in Colac on OnTheHouse. According to Cotality's data, 257 properties were sold in the past 12 months in Colac.

Suburb Insights for Colac 3250

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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.