7 Wheal Street, Colac, VIC 3250 sold on 07 May 2026 | OnTheHouse
SOLD
RECENT ADVICE
Sold on 07 May 2026 for $390,000

7 Wheal Street
Colac VIC 3250

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 728m2
Save

Property Details for 7 Wheal St, Colac

7 Wheal St, Colac is a 2 bedroom, 1 bathroom House. The property has a land size of 728m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 2 bedroom House sold in Colac in the last 12 months.

Building Type
House
Land Size
728m2
Local Government
Colac Otway
Lot/Plan
137/LP23948

Last Listing description (June 2026)

Positioned on a generous allotment in a quiet, established Colac street, this neatly presented home delivers comfortable, practical living with excellent future potential. With colourbond weatherboard cladding enhancing its street appeal, the home is solid, well maintained and ready to enjoy.Inside, the floorplan offers two good-sized bedrooms and a central bathroom with shower, while a welcoming enclosed front porch sets a warm and inviting tone on entry. The open kitchen and dining area is light-filled and functional, featuring gas cooking and ample cupboard space to make everyday living easy. A separate living area provides a cosy retreat, while a second living space adds valuable flexibility and could easily be converted into a third bedroom if required. Year round comfort is assured with a new gas wall heater, and practical upgrades such as an improved power board add further peace of mind.Outdoors is where this property really shines. The spacious backyard offers plenty of room for entertaining, gardening or future improvements, making it ideal for those wanting space to spread out. A carport provides covered parking, while multiple sheds, including a wood shed and a larger storage shed, offer outstanding storage and workspace options.Solid, tidy and full of potential, this appealing home will suit first home buyers, downsizers or investors seeking a reliable property in a convenient Colac location.*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 7 Wheal St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$390,000
07 May 2026
  • 07 May 2026
    Sold for $390,000
  • 17 Mar 2026
    Listed for Sale $380,000 - $410,000
  • 08 Apr 1993
    Transferred for $47,500
Commute Calculator

About Colac 3250

The size of Colac is approximately 37.5 square kilometres. There are 20 parks, covering nearly 2.3% of the 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 60-69 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 5,779 properties. Over the last 5 years, Houses in Colac have seen a 31.06% increase in median value, while Units have seen a 8.73% increase. As at 30 April 2026:

  • The median value for Houses in Colac is $509,447 while the median value for Units is $352,124.
  • Houses have a median rent of $490 while Units have a median rent of $405.
There are currently 27 properties listed for sale, and 3 properties listed for rent in Colac on OnTheHouse. According to Cotality's data, 310 properties were sold in the past 12 months in Colac.

Suburb Insights for Colac 3250

Market Insights
Colac Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Colac Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agency
agent headshot
Show contact details
Richardson Real Estate Colac
Preferred contact:
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.