Microburbs
Colac, VIC, Clocktower and shops on a busy street

Clocktower and shops on a busy street

Mattinbgn · CC BY-SA 3.0

The quick read on

Colac

VIC 3250 · Colac Otway

What homes cost, how rents have moved, and a feel for the people who call it home.

Median house
$510,000

latest suburb median

Median unit
$362,000

latest suburb median

Population
9,243

ABS 2021

Postcode
3250

Colac, Victoria

Property market insights for Colac

Median sale price and rental income of properties in Colac VIC

Median price trend for houses

Based on 241 sales in the preceding 12 months

$510,000

Up 10.4% over 12 months

$600k$500k$400k20212023202420252026
2 bed
$415k
3 bed
$513k
4 bed
$560k
5+ bed
$730k

Median rent trend for houses

Based on 119 rental listings in the preceding 12 months

$490 per week

Up 8.9% over 12 months

$500$450$400$35020212023202420252026

Market data updated October 2026.

The median house price in Colac, VIC is currently $510,000, based on the latest 12 months of sales. Colac has a 12-month growth rate of 10.4% for houses and -15.1% for units.

Two-bedroom houses have a median sale price of $415,000, Three-bedroom houses have a median sale price of $513,000, Four-bedroom houses have a median sale price of $560,000, Larger houses have a median sale price of $730,000 in Colac.

If you're looking to lease, the median rent for houses in Colac is $490 per week. The median house rent has increased 8.9% over the last 12 months.

The median price of apartments and units for sale in Colac is $362,000, which has decreased 15.1% since the same time last year. One-bedroom apartments and units have a median sale price of $220,000, Two-bedroom apartments and units have a median sale price of $350,000, Three-bedroom apartments and units have a median sale price of $500,000 in Colac. The median rent for units and apartments in Colac is $375 per week and has increased 7.1% over the last 12 months.

Crime and safety

Is Colac safe?

The overall rate for Colac is 2,856 offences per 100,000 residents — 30% below the Rest of Vic. benchmark.

That is the clearest suburb-wide answer. Open the detailed profile to see how the pattern changes across offence types and different parts of Colac.

Overall crime rate

2,856

offences per 100,000 residents

30% belowRest of Vic.

ColacRest of Vic.: 4,070

Suburb-wide estimate from Microburbs' public crime model; it is not an address-level measure.

The people behind the postcode

Who lives in Colac?

Colac VIC 3250 is in Victoria, within Rest of Vic..

9,243 people call Colac home, with an average of 2.2 people per household and a median household income of $1,108 a week.

Public ABS 2021 Census figures. The bars compare the local share with the capital-region benchmark.

Population
9,243
Median age
44 years
Median mortgage
$1,213 / month
2021 household rent
$260 / week
Above the benchmarkBelow the benchmarkIn lineRest of Vic. benchmark

Age profile

Share of residents in each age band.

Under 1516.0%Below
15–3424.2%Above
35–5421.8%Below
55–7424.3%Below
75 and over13.8%Above

Homes

Share of occupied private dwellings.

Separate houses85.9%Below
Townhouses12.6%Above
Apartments0.0%Below

Ownership

Share of homes with a stated ownership or rental status.

Owned outright39.8%Below
Paying a mortgage28.8%Below
Renting31.3%Above

Cars at home

Vehicles available to occupied households.

No car10.0%Above
One car41.6%Above
Two cars33.3%Below
Three or more15.1%Below

Getting to work

Selected ways residents worked or travelled on Census day.

Worked from home5.5%Below
Drove to work66.6%Above
Train, tram or bus0.2%In line
Walked or cycled5.9%Above

What stands out in Colac

5.5% of workers in Colac worked from home on Census day — about half the rate across Rest of Vic..

45.2% of people in Colac described themselves as having no religion in the 2021 Census.

A closer look at the Census

Questions people ask about Colac

Open any question for a plain-English reading of the public 2021 Census for Colac VIC 3250.

Is Colac family-friendly?Age, family structure and household size describe the community families would be joining.

16.0% of Colac's residents were children under 15 in the 2021 Census. That is close to the Rest of Vic. average.

2,228 family households lived in Colac; 33.5% were couple families and 20.3% were one-parent families.

34.3% of local families included children under 15. That is almost exactly typical for Rest of Vic..

These are suburb-wide household figures, not school or childcare ratings.

What is the age profile of Colac?The balance between younger adults, families and older residents changes how a suburb feels day to day.

Colac had 9,243 residents at the 2021 Census.

24.4% of residents were aged 25 to 44.

38.1% were 55 or older. That is close to the Rest of Vic. average.

Age shares use the suburb’s total Census population.

What kind of homes are in Colac?The dwelling mix shows whether the suburb is mostly detached homes, townhouses or apartments.

Separate houses made up 85.9% of occupied private dwellings in Colac.

Townhouses and other attached homes represented 12.6% of occupied private dwellings.

Flats and apartments accounted for 0.0% of occupied private dwellings.

All three shares use occupied private dwellings as the denominator.

Do people own or rent in Colac?Tenure shows how many households own outright, have a mortgage or rent.

39.8% of households with a stated tenure owned their home outright. That is close to the Rest of Vic. average.

28.8% were buying their home with a mortgage.

31.3% rented their home. That is well above the Rest of Vic. average.

Tenure shares include households that stated one of these three arrangements.

How large are households in Colac?Household-size data shows the mix behind the suburb-wide average.

The average household in Colac had 2.2 people.

One-person households made up 38.7% of occupied homes. That is well above the Rest of Vic. average.

Two-person households represented 32.2%, while 17.2% had four or more usual residents.

Household size counts usual residents in occupied homes.

How do people get to work in Colac?Census-day travel shows the balance between home, road, public transport and active travel.

5.5% of workers worked from home on Census day. That is about half the Rest of Vic. rate.

66.6% drove a car as their only travel method. That is somewhat above the Rest of Vic. average.

0.2% used only a train, tram or bus, while 5.9% walked or cycled.

Travel figures are a 2021 Census-day snapshot.

How many cars do households have in Colac?Vehicle availability helps describe the routines local households can support.

10.0% of occupied households had no motor vehicle available. That is about twice the Rest of Vic. rate.

One-car households formed 41.6% of the total.

48.4% of households had two or more vehicles.

Vehicle counts refer to occupied households, not individual residents.

Who's moving to Colac, and who stays?Address history shows how settled or recently mobile residents were at the Census date.

61.8% were at the same address five years earlier, while 38.2% reported a different address.

10.9% of residents were born outside Australia. That is close to the Rest of Vic. average.

Mobility figures cover residents who answered the relevant Census question.

What languages are spoken in Colac?Language at home gives a direct view of the community’s everyday linguistic mix.

86.3% of residents used only English at home.

8.0% used a language other than English at home.

2.6% spoke Mandarin at home, 0.1% spoke Cantonese and 0.1% spoke Hindi.

Home language is separate from English proficiency.

Where were Colac residents born?Birthplace adds another layer to the local story, separate from ancestry and language.

10.9% of Colac's population was born outside Australia, while roughly 89.1% was born in Australia.

1.5% of residents were born in China.

0.6% were born in India, while Australian citizenship across the whole suburb stood at 87.3%.

Birthplace, citizenship and ancestry describe different parts of identity.

What ancestries shape Colac?Ancestry responses show how residents describe family and cultural background.

English ancestry accounted for 39.9% of ancestry responses in Colac.

Australian ancestry made up 40.7% of responses.

Chinese ancestry represented 2.6% of responses.

People may nominate more than one ancestry, so these are shares of responses.

What work do people do in Colac?Occupation describes a person’s role; industry describes the sector employing them.

9.6% of employed residents worked in professional occupations. That is about half the Rest of Vic. rate.

Managers accounted for 9.3% of employed residents, while clerical and administrative workers made up 8.0%.

Health care and social assistance employed 14.7% of workers, and education and training employed 5.7%.

Occupation and industry figures describe employed residents of the suburb.

How active is the workforce in Colac?Participation, employment pattern and unemployment describe the resident labour force.

The labour-force participation rate was 53.9%, compared with 57.4% across Rest of Vic..

29.6% of residents aged 15 and over worked full time, while 18.3% worked part time.

Unemployment was 3.3%, compared with 4.1% across Rest of Vic..

Labour-force figures come from the 2021 Census.

What does the health profile of Colac show?Selected long-term health conditions help describe community service needs.

52.5% reported no selected long-term health condition.

10.8% reported a long-term mental health condition, including depression or anxiety.

9.2% reported asthma, 12.5% arthritis and 6.3% diabetes excluding gestational diabetes.

These are self-reported suburb-wide Census figures, not address-level health risks.

How educated is Colac?Qualifications describe the study pathways represented among local residents.

15.4% of people in the qualifications table held a bachelor degree. That is somewhat below the Rest of Vic. average.

Postgraduate degrees accounted for 3.3% of qualification responses.

Diploma-level qualifications represented 13.9%, while certificate-level qualifications represented 46.0%.

Qualification categories are reported separately and are not school ratings.

What do incomes and housing costs look like in Colac?Census income and household payments give historical context for local living costs.

Median household income was $1,108 per week in the 2021 Census.

The median monthly mortgage repayment reported by local households was $1,213.

Occupied renting households reported a median rent of $260 per week.

These household figures are from 2021; current sale and asking-rent medians appear in the market section.

How does Colac compare with Rest of Vic.?A few clear differences place the suburb in its wider metropolitan context.

Working from home was 5.5% in Colac, compared with 15.1% across Rest of Vic..

Outright ownership was 39.8% locally and 40.9% across Rest of Vic.. That is close to the Rest of Vic. average.

Renting accounted for 31.3% in Colac, against 24.5% across Rest of Vic..

Capital-region comparisons use the same Census definitions and year.

Three useful questions

A buyer’s quick guide to Colac

Is Colac expensive?

The median house price is $510,000, while units and apartments sit at $362,000. Bedroom count, land and condition still create a wide range around those suburb medians.

Is Colac good for families?

The Census counted 2,228 local families, and 16.0% of residents were under 15. That describes the community; school quality, travel times and the right fit for a particular family need separate research.

What can I get for $1.5m in Colac?

Larger houses have a median around $730,000, the closest bedroom benchmark we hold to a $1.5m budget. Individual homes can differ substantially with block size, renovation and location.

Medians describe recorded market activity across the suburb; they are historical context, not a valuation or forecast for an individual home.

Explore the area

Streets and suburbs around Colac

181 streets in Colac

Street-by-street reports are not published yet. The streets below are the ones this suburb covers.

  • Adrian St
  • Airdrie St
  • Alexander St
  • Archer St
  • Armstrong St
  • Atherton Ct
  • Autumn St
  • Baker St
  • Ball St
  • Balnagowan Ave
  • Bambi Ct
  • Barnard Dr
  • Bartlett St
  • Bassett Ct
  • Bath St
  • Beattie Ct
  • Begley St
  • Billy Ct
Show all 181 streets
  • Bilson St
  • Borwick St
  • Bowl Arc
  • Bromfield St
  • Brown St
  • Bruce St
  • Bryan Ave
  • Buckle Ct
  • Calvert St
  • Campbell St
  • Cants Rd
  • Cardell Ct
  • Carr St
  • Central Arc
  • Chapel St
  • Christie St
  • Churchill Sq
  • Church St
  • Clark St
  • Coads Ln
  • Connor St
  • Coopers Ct
  • Corangamite St
  • Cousins St
  • Darby Dr
  • David St
  • Dennis St
  • Donaldson St
  • Douglas St
  • Dowling St
  • Dunoon St
  • Eaves St
  • Echidna Road
  • Edgar St
  • Elsinore St
  • Eureka St
  • Farrington St
  • Fenwick St
  • Fireman St
  • Flynn Dr
  • Forbes St
  • Forest St
  • Fulton St
  • Fyans St
  • Garrett St
  • Gellibrand St
  • George St
  • Gibson Ct
  • Gilmartin St
  • Glenn Ct
  • Grant St
  • Gravesend St
  • Gray Ct
  • Hamilton St
  • Hancock St
  • Handley Ct
  • Harmony Crescent
  • Harris St
  • Hart Street
  • Hearn St
  • Hebb Ct
  • Hesse St
  • Hewitt St
  • Hill St
  • Howey Ct
  • Hurst Ct
  • Imperial Dr
  • Inglis Ct
  • James St
  • Jarver Cl
  • Jellie St
  • Jennings St
  • Jock St
  • John Cr
  • Johnstone Cr
  • Johnstones Ln
  • Kelly Ct
  • Kemp St
  • Kettle St
  • Lady Franklin Road
  • Lady Franklin Street
  • Lawrence Ct
  • Leah St
  • Leahy Ct
  • Ligar St
  • Little Woods St
  • Lyn Ct
  • Lyons St
  • Manifold St
  • Marks St
  • Maxfield Ln
  • Mcadam Cr
  • Mcdonald St
  • Mcgonigal St
  • Mckenzie St
  • Mclaughlin St
  • Mclennan St
  • Mcleod St
  • Miller St
  • Moet St
  • Moore St
  • Morrison St
  • Murray St
  • Murray St East
  • Myers St
  • Nankivell St
  • Nelson St
  • Nicholas St
  • North Egan St
  • Olive Ct
  • Parker Ave
  • Parkes St
  • Pell Ct
  • Pitt St
  • Pollack St
  • Polwarth St
  • Polwarth St South
  • Pound Rd
  • Produce Ln
  • Quamby Ave
  • Queens Ave
  • Queen St
  • Rae St
  • Railway St
  • Rankin St
  • Redgum Court
  • Richard St
  • Richmond St
  • Rifle Butts Rd
  • Robertson St
  • Rodger Dr
  • Roselldan Road
  • Ross St
  • Scott St
  • Sears Ct
  • Selwood St
  • Sheoak Court
  • Sinclair St
  • Sinclair St South
  • Skene St
  • Speirs St
  • Stepnell Cr
  • Stewart St
  • Stodart St
  • Sutton Ln
  • Talbot St
  • Taylor Ct
  • The Esplanade
  • Thomas St
  • Thompson St
  • Toorak Cr
  • Tranquil Crescent
  • Troy St
  • Ulverstone St
  • Wallace St
  • Walls Ct
  • West St
  • Wheal St
  • White Ave
  • William St
  • Wilson St
  • Woods St
  • Wynne St

Keep exploring

Is Colac right for your search?

Use the finders to compare places and properties, or open the full report when you need the street, risk, schools and growth research.

Figures update as new market and census data arrives. This suburb overview is general information, not a valuation or financial advice.