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196 Wilson Street, Colac$396,000
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Soldhouse

196 Wilson Street

Colac, VIC 3250, Australia
$396,000
3 bed 1 bath 2 car719 m²

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Listing description

About this property

Sitting on a spacious 719m² block, this weatherboard home offers a practical layout with some fresh updates already completed, making it a straightforward option for buyers looking for comfort now with the opportunity to add their own touches over time. Inside, the light filled living area welcomes you with large windows, a gas log fire and a split system for year round comfort. The kitchen has been renewed and includes gas cooking, laminate benchtops, a dishwasher and good storage, and it connects easily to the adjoining dining space. The three bedrooms are well positioned along the hallway, with the main featuring a walk in robe and the second fitted with a built in robe. The bathroom has been updated in a clean, modern style with a floating vanity, walk in shower and contemporary tiling. Outdoors, the home offers plenty of space to spread out. A covered patio sits just off the house, leading to the large backyard that's ideal for children, pets or those wanting room for a shed, veggie patch or future improvements. A long driveway, carport and secure garage at the rear add convenience and storage options. This home provides practical living with some modern improvements already complete, all set on a sizeable block with further potential for its next owners. *All information about the property has been provided to Richardson Real Estate by third parties. Richardson Real Estate has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property.

Property Details

Property Type
house
Listing Type
Sold
Bedrooms
3
Bathrooms
1
Parking
2
Land Area
719 m²
Listed
3 months ago

Repayment calculator

$1,920/month
$960 /fortnight
Loan $316,800 at 6.10% over 30 years

Upfront costs

Deposit$79,200
Stamp duty$18,830
Conveyancing (est.)$2,000
Total upfront$100,030
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Colac

This 3-bedroom house in Colac, VIC 3250 sits within reach of public transport, local shops and nearby schools. It is listed 34% below the $599,935 median of 85 comparable houseswithin 5 km.

Schools near Colac

  • Lake Colac Schoolcombined · U · CoEd
  • Colac Primary Schoolprimary · Prep-6 · CoEd
  • Colac South West Primary Schoolprimary · Prep-6 · CoEd
  • Colac West Primary Schoolprimary · Prep-6 · CoEd
  • Colac Secondary Collegesecondary · 7-12 · CoEd
  • Trinity College Colacsecondary · 7-12 · CoEd

What's nearby

  • Armstrong St/Bartlett St (bus)280 m away
  • Phillips Automotive579 m away
  • Robertson Street Park197 m away
  • Inglis Court Park657 m away
  • Memorial Square1.0 km away

Colac at a glance

Full suburb profile
Population
9,243
Median age
44
Household income
$1,108/wk
Median rent
$260/wk
Median mortgage
$1,213/mo

Source: ABS Census.

Due diligence

Property Report

Future Development

Complete

Colac is experiencing modest consolidation-focused development activity typical of a regional Victorian centre, with emphasis on town-centre streetscape improvements, CBD activation and constrained residential infill rather than large-scale expansion. Development pipeline is driven primarily by regional demographic needs (aged care, healthcare services) and incremental residential supply within existing urban boundaries, reflecting lower population growth pressure compared to metropolitan areas.

Nearby projects

5

Closest

0 km

Colac CBD Streetscape and Public Realm Upgrade

1.3km2.5km3.8km5kmColac CBD Streetscape and Public Realm Upgrade — 0.0 kmResidential infill development - Harris Street — 0.8 kmLake Colac foreshore reserve enhancement — 1.2 kmColac Integrated Health Facility upgrade — 1.5 kmSmall lot residential release - Gellibrand Estate extension — 2.5 km

Distance from this property is exact (rings = km). Direction is illustrative.

Colac CBD Streetscape and Public Realm Upgrade

0 km
InfrastructureUnder construction

Municipal streetscape renewal focusing on Victoria Street and civic precinct improvements to enhance walkability and activate the town centre.

2024

0 m

Residential infill development - Harris Street

0.8 km
Residential subdivisionApproved

Medium-density residential infill project delivering approximately 12-15 dwellings on underutilised inner-Colac land near the town centre.

800 m

Lake Colac foreshore reserve enhancement

1.2 km
InfrastructureProposed

Staged lakefront reserve improvements including pathway upgrades, recreational facilities and improved public access to support local amenity.

1.2 km

Colac Integrated Health Facility upgrade

1.5 km
Mixed-useUnder construction

Regional health and aged care facility expansion to support growing regional demand and service delivery in the Colac region.

1.5 km

Small lot residential release - Gellibrand Estate extension

2.5 km
Residential subdivisionApproved

Subdivision of approximately 20-30 residential lots in established peripheral area targeting first-home buyers and younger families.

2.5 km
Source: StMate AI — VIC development trends07/06/2026
Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

Suburb market

Suburb price trend

Colac price trend

Median sold · House 3 bed

Compound growth +2.2% / yr over 4 yrs

$500kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Colac market

This listing

Price history

Price history

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