6 Murray StreetColac VIC 3250
Property Details for 6 Murray St, Colac
6 Murray St, Colac is a 5 bedroom, 3 bathroom House with 31 parking spaces and was built in 1921. The property has a land size of 2560m2 and floor size of 301m2. While the property is not currently for sale or for rent, it was last sold in February 2012.
Last Listing description (August 2025)
Every once in a while there is a property that comes to market that simply commands attention - well for Colac, that time has come.
Ray White Colac is proud to present 'The Prince of Wales'. Oozing history, character and tales of old - this property offers a once in a lifetime opportunity to purchase a piece of South West Victoria's history.
First licensed in 1875, the Prince of Wales operated as pub until 1921. It was then used as a boarding home for Italian migrants. Since then, it has been utilised as a private residence, cafe, craft store and other business pursuits. Its commanding brick presence can't be missed as you drive past the captivating facade, in the heart of Colac.
Inside, all of its character and original features remain with some modern functional upgrades. The dwelling boasts five bedrooms and multiple bathrooms if you wish to use the property as a one of a kind personal residence. A functional updated kitchen and main bathroom make the property ready to live in. Alternatively, take advantage of the original bar and lounge fit out to operate your very own artisanal cafe or other commercial pursuit (STCA).
Sitting on a large 2560sqm parcel of land, the opportunity awaits to further develop the property with infrastructure or subdivide (STCA) or take advantage of a strong rental market with plenty of rooms available to rent or AirBNB.
With plenty of opportunity on hand for the new purchaser, don't wait until it's too late to inspect and secure a fantastic opportunity. An inspection truly is a must!
Property History for 6 Murray St, Colac, VIC 3250
- 14 Aug 2024Listed for Sale AUCTION GUIDE - $700,000 - $770,000
- 21 Feb 2023Listed for Rent $21,170 / year
- 15 Dec 2018Listed for Rent $40,000 / year
Recent sales nearby
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0About 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 5,797 properties. Over the last 5 years, Houses in Colac have seen a 32.43% increase in median value, while Units have seen a 11.62% increase. As at 31 March 2026:
- The median value for Houses in Colac is $505,560 while the median value for Units is $352,687.
- Houses have a median rent of $483 while Units have a median rent of $400.
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