48 Chapel St, Colac is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 754m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in May 2020.
This neat little weatherboard home really has a lot going for it. Representing great value for money, this is a fantastic opportunity for first-time buyers to enter the property market.
Set on a nice size block, the location is ideal and always popular with the large workforce on the east side of town.
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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