74 Queen St, Colac is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 661m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in February 2019.
This three bedroom home offers period charm and practical features. Built in 1916, the soaring ceilings, stunning leadlight windows, Baltic pine floors and character faade set the scene. A thoughtful renovation and extension adding an open plan living room, modern galley kitchen, main bathroom, second toilet and deck. Solar panels support the ducted heating system and reverse cycle air conditioning unit. Adding to the practical features is the steel cladding reducing ongoing maintenance without compromising on street appeal.Situated right next door to the Coles Complex and across the road from Bunnings, this property was formerly known as 'Waratah' and operated as a successful Airbnb for many years. What sets 74 Queen Street apart from the rest, is the Commercial 1 Zoning. Currently being utilised as a principal place of residence, there is opportunity for the buyer to work from home, take advantage of a mix of commercial and residential uses and explore a wide variety of business ventures. The block of 661sqm offers off street parking and a garage/workshop at the rear as well as a private low maintenance courtyard. Generally considered the most flexible commercial zoning, reside or retail is for you to decide, with council approval of course! Contact Exclusive selling agents Stuart Nelson and Andrea Ivermee to schedule your inspection.
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:
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