Why Rent???
Why rent…. when you can purchase a property in this price bracket & be a home owner. Positioned in a quiet court location the home offers 3 bedrooms, central bathroom & separate laundry. The open plan living area incorporates the lounge, kitchen & meals area, serviced by gas heating & air conditioning. The neat rear yard with garage/workshop is ideal for children or the family pets & has excellent fencing.
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 5,769 properties. Over the last 5 years, Houses in Colac have seen a 30.44% increase in median value, while Units have seen a 17.67% increase. As at 31 January 2026:
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