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7 Wheal Street, Colac$390,000
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Soldhouse

7 Wheal Street

Colac, VIC 3250, Australia
$390,000
2 bed 1 bath 1 car728 m²

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About this property

Positioned on a generous allotment in a quiet, established Colac street, this neatly presented home delivers comfortable, practical living with excellent future potential. With colourbond weatherboard cladding enhancing its street appeal, the home is solid, well maintained and ready to enjoy. Inside, the floorplan offers two good-sized bedrooms and a central bathroom with shower, while a welcoming enclosed front porch sets a warm and inviting tone on entry. The open kitchen and dining area is light-filled and functional, featuring gas cooking and ample cupboard space to make everyday living easy. A separate living area provides a cosy retreat, while a second living space adds valuable flexibility and could easily be converted into a third bedroom if required. Year round comfort is assured with a new gas wall heater, and practical upgrades such as an improved power board add further peace of mind. Outdoors is where this property really shines. The spacious backyard offers plenty of room for entertaining, gardening or future improvements, making it ideal for those wanting space to spread out. A carport provides covered parking, while multiple sheds, including a wood shed and a larger storage shed, offer outstanding storage and workspace options. Solid, tidy and full of potential, this appealing home will suit first home buyers, downsizers or investors seeking a reliable property in a convenient Colac location. *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
2
Bathrooms
1
Parking
1
Land Area
728 m²
Listed
3 months ago

Repayment calculator

$1,891/month
$945 /fortnight
Loan $312,000 at 6.10% over 30 years

Upfront costs

Deposit$78,000
Stamp duty$18,470
Conveyancing (est.)$2,000
Total upfront$98,470
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 2-bedroom house in Colac, VIC 3250 sits within reach of public transport, local shops and nearby schools. It is listed 36% below the $606,835 median of 81 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

  • Central Reserve/Gravesend St (bus)475 m away
  • Kaisercraft Colac721 m away
  • Lawrence Court Park109 m away
  • Inglis Court Park588 m away
  • Memorial Square948 m 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.

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Suburb market

Suburb price trend

Colac price trend

Median sold · House 2 bed

Compound growth +0.8% / yr over 4 yrs

$413kcurrent median

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

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