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.
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.
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:
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