Colac Real Estate Market Insights

Searching for the dream home in Colac, VIC? It's wise to know if it's the best choice, given your circumstances. Choosing a new city based on gut instinct is now a thing of the past, the Homes.com.au team have created this city profile to provide the stats regarding the Greater Colac median property prices, market trends & demographics so we can enable you to make a smart decision on your future property purchase.

Whether you are upsizing or downsizing to the City of Colac, keep reading for a brief history lesson to discover more about the fantastic lifestyle and what makes this city so great.

Colac is a small Australian city situated in the Western District of Victoria, which falls under the local government area of the Colac Otway Shire. The neighbouring localities of Colac include Balintore, Ondit, Cororooke, Irrewarra, Colac West, Colac East, and Elliminyt.

Colac lies around 150 km from Melbourne city towards its southwest. With a population of 12,547 as of June 2018, Colac has become the largest city of the Colac Otway Shire LGA.

Some of the heritage-listed sites of Colac include Adam Rea's Store and Colac Botanic Gardens. Colac is considered a sister city of Walker located in Michigan, the United States.

History of Colac The city was named the nearby Lake Colac, and in 1960, it was declared a city. Clans of the Gulidjan people used to occupy the region for thousands of years, and they used to live a semi-nomadic life. The Europeans settled in the area in 1837, and the first among them was Hugh Murray and then his brother Andrew.

Facilities in Colac Colac is home to several primary and secondary schools, such as Trinity College, Sacred Heart Primary School, Colac Secondary College, Colac Primary School, Colac Specialist School, St Mary's Primary School, Elliminyt Primary School, and others. Among the transportation facilities in the city include the Princes Highway, the railway line opened in 1877, the local railway station, etc.

Famous Destinations Around Colac

Red Rock This geographic formation has a lovely short walk with convenient stairs. You can have a fantastic view of the surrounding areas and a magnificent 360-degree lookout.

Colac Botanic Gardens Situated by the charming Lake Colac, Colac Botanic Gardens is well-designed, having splendid flower displays (that are changed regularly) and grand old trees.

Lake Colac It is a beautiful lake offering fishing, swimming, bird watching, and camping opportunities. Besides, it has scenic drives, plenty of space to sit, several Tearooms, a playground for kids, and the nearby Colac Botanic Gardens. The place is excellent for family gatherings and organising parties or events.

There's a lot more to see in Colac, get a better understanding of the property market by partnerering with a skilful real estate agent in Colac on our find agent page.

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