50 Wallace Street, Colac, VIC 3250 | Property Value & History | OnTheHouse
 
OFF MARKET

50 Wallace Street
Colac VIC 3250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 127m2
Land area: 556m2
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Last updated 22 Dec 2025
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Property Details for 50 Wallace St, Colac

50 Wallace St, Colac is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 556m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in June 2019.

Building Type
House
Year Built
1950
Floor Size
127m2
Land Size
556m2
Local Government
Colac Otway
Lot/Plan
1/PS509547

Last Listing description (December 2025)

This delightful house offers the perfect blend of comfort, style, and functionality. All 3 bedrooms are spacious and have built-in robes, ceiling fans and timber flooring. The kitchen has gas cooking appliances, ample cupboard and bench space with the added bonus of a Butlers Pantry which gives you more cupboard and bench space, a second sink and a dishwasher. A modern bathroom comprises of a shower (no bath), vanity and toilet with a second toilet located off the laundry. The lounge room is filtered with natural light, a wood fire for winter warmth, a split system for all seasons and Gas ducted heating throughout the house. Comfort will never be an issue. Outside has all Seasons covered too, a large undercover area between the house and the garage/man-cave provides you with the perfect space for entertaining with an enclosed low maintenance yard.
Located in a friendly neighborhood, this property is conveniently close to local amenities, parks, and schools and all that Colac has to offer.

Property History for 50 Wallace St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$285,000
11 Jun 2019
Listed for Rent
$480/w
12 Nov 2025
  • 12 Nov 2025
    Listed for Rent $480 / week
  • 04 Feb 2025
    Listed for Rent - Price not available
  • 11 Jun 2019
    Sold for $285,000
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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.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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