87A Wallace Street, Colac, VIC 3250 | Property Value & History | OnTheHouse
OFF MARKET

87A Wallace Street
Colac VIC 3250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 113m2
Land area: 341m2
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Property Details for 87a Wallace St, Colac

87a Wallace St, Colac is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 2010. The property has a land size of 341m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in April 2024.

Building Type
House
Year Built
2010
Floor Size
113m2
Land Size
341m2
Local Government
Colac Otway
Lot/Plan
1/PS612862

Last Listing description (November 2023)

An impressive townhouse situated only a short walk from the Coles complex is on offer at 87a Wallace Street. Built in 2010, this low maintenance property is undoubtedly an exciting opportunity to enter the market, invest or retire. There are three bedrooms with built in robes, the open plan kitchen faces north and heating and cooling is covered via the electric reverse cycle and Rinnai gas heater. Modern features include a neutral colour palette, window shutters, wool carpet, single lockup garage with access straight into the house and a secure yard with electric gate.

If you're looking for a contemporary home and very little upkeep for the future, this townhouse is ideal. Contact our team today!

Property History for 87a Wallace St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$443,500
12 Apr 2024
Listed for Rent
$460/w
01 Mar 2023
  • 12 Apr 2024
    Sold for $443,500
  • 25 Sep 2023
    Listed for Sale $479,000 - $499,000
  • 16 Dec 2022
    Listed for Rent $480 / week
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About 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 5,772 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:

  • The median value for Houses in Colac is $495,973 while the median value for Units is $354,662.
  • Houses have a median rent of $470 while Units have a median rent of $390.
There are currently 21 properties listed for sale, and 3 properties listed for rent in Colac on OnTheHouse. According to Cotality's data, 257 properties were sold in the past 12 months in Colac.

Suburb Insights for Colac 3250

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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.