Colac Suburb Profile
Victoria 3250

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Colac has 5,498 properties. Over the last 5 years, Houses in Colac have seen a 51.97% increase in median value, while Units have seen a 45.14% increase. As at 30 June 2024:

  • The median value for Houses in Colac is $461,995 while the median value for Units is $384,502.
  • Houses have a median rent of $430 while Units have a median rent of $360.
There are currently 17 properties listed for sale, and 6 properties listed for rent in Colac on OnTheHouse. According to CoreLogic's data, 196 properties were sold in the past 12 months in Colac.

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 2011 was 8,696 people. By 2016 the population was 9,066 showing a population growth of 4.3% 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 2011, 67.4% of the homes in Colac were owner-occupied compared with 66.6% in 2016.

Suburb Insights for COLAC 3250

Market Insights
Colac Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Colac Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age

Population 9,066

0-9

 

12%

10-19

 

11%

20-29

 

13%

30-39

 

11%

40-49

 

11%

50-59

 

12%

60-69

 

12%

70-79

 

10%

80-89

 

6%

90-99

 

2%

Household Structure
Occupancy

Recent Sales in COLAC 3250

Properties for sale in COLAC 3250

Properties for rent in COLAC 3250

CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Last Updated: 27/07/2024

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

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