48 Chapel Street, Colac, VIC 3250 | Property Value & History | OnTheHouse
OFF MARKET

48 Chapel Street
Colac VIC 3250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 115m2
Land area: 754m2
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Property Details for 48 Chapel St, Colac

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.

Building Type
House
Year Built
1940
Floor Size
115m2
Land Size
754m2
Local Government
Colac Otway
Lot/Plan
1/TP583917

Last Listing description (July 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 cosy lounge room offers split system heating and cooling and retains the original picture rails.

The combined kitchen and dining area have a wood fire which we suspect will heat the whole home in the winter months. The functional kitchen has been updated and offers an electric upright stove, dishwasher, plenty of cupboard space and large pantry.

The three bedrooms are all a good size with two at the front and one at the rear which could also be repurposed into a handy home office. With the bathroom featuring a shower over the bath and timber vanity.

The sliding glass door in the dining room leads out to a paved, undercover outdoor entertaining area and a nice size backyard, ideal for the kids and pets to play in. You also have a chicken coup in the back corner and plenty of room for a veggie patch. The long driveway to a double garage completes the picture.

An ideal location close to Colac Primary School, the Colac Showgrounds and the regions biggest employees in Australian Lamb Company and AKD Softwoods. Investor, we expect a weekly rent return of $320 - $340pw.

Property History for 48 Chapel St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$279,000
21 May 2020
  • 21 May 2020
    Sold for $279,000
  • 17 Apr 2020
    Listed for Sale $279,000
  • 26 May 2005
    Listed for Sale 158000
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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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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.