166 Wilson St

Colac VIC 3250

1096 m²

House

Kenneth McDonald, last sold this property on 26 May 2026 after 28 days on market.

Overview

Timeless Californian Bungalow with Endless Potential

Rich in character and positioned for convenience, this classic Californian bungalow at 166 Wilson Street, Colac 3250 delivers a compelling blend of timeless charm, generous space, and outstanding future potentialperfect for homeowners, investors, or those seeking a project with upside. Set on a versatile allotment with rare dual access via a rear laneway, the property immediately stands out for its flexibility and development potential (STCA). Whether you're considering a second dwelling, studio, or rental opportunity, the layout and access make this an exciting prospect for dual income possibilities. Inside, the home offers three well-sized bedrooms and a central bathroom, complemented by a functional floorplan that caters to comfortable everyday living. The classic features of the Californian bungalow erahigh ceilings, generous room proportions, and an inviting street presencecreate a warm and welcoming atmosphere, while still leaving scope to renovate, update, or extend to suit your vision. To the rear, a major highlight awaitsan impressive 9m x 16m shed that provides exceptional versatility. Ideal for tradespeople, car enthusiasts, storage, or workshop use, this expansive space significantly enhances the property's appeal and usability. The backyard offers ample room for further improvements or redevelopment, taking full advantage of the block's access and layout. With the right vision, this could become a highly rewarding investment or a standout lifestyle property. Located within easy reach of local shops, schools, and everyday amenities, this is a rare opportunity to secure a property that combines character, land, access, and potential in one attractive package. Whether you're looking to move in, lease out, renovate, or develop, 166 Wilson Street is packed with promise and ready for its next chapter.

Features

3 bedrooms

1 bathroom

8 carspaces

1096 m² lot size

House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Colac over the last 12 months, the estimated median property value of 166 Wilson St is $498k.

Median value

$498k

Estimated value range

$300k - $840k

Median days on market

Estimated value trend

10%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Colac. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.