Colac Suburb ProfileVictoria 3250
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Colac has 5,512 properties. Over the last 5 years, Houses in Colac have seen a 42.29% increase in median value, while Units have seen a 28.04% increase. As at 31 October 2024:
- The median value for Houses in Colac is $441,147 while the median value for Units is $368,492.
- Houses have a median rent of $440 while Units have a median rent of $365.
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.
Market Insights
Colac Trends for Houses
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Colac Trends for Units
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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
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0Properties for sale in COLAC 3250
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0Properties for rent in COLAC 3250
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Last Updated: 21/11/2024
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