Back 20 Wallace Street
Off Market

20 Wallace Street

Colac VIC 3250

2
1
3
890 m²
House
Last sold for $316,000
Wendy FlintWendy Flint, last sold this property on 26 July 2025 after 24 days on market.

Overview

MAJOR RENOVATION OR REDEVELOPMENT OPPORTUNITY!

If you're not afraid of hard work and have an eye for potential, 20 Wallace Street could be the project you've been looking for. Set on a spacious 890m² allotment in an established part of Colac, this two-bedroom weatherboard home in original condition is in need of a major renovation or redevelopment to make way for something new (STCA). The home comprises two spacious bedrooms, a kitchen/meals area, central living, and an undercover outdoor area, offering a versatile layout. Completing the package is a large 6m x 14m shed with power and a concrete slab base, providing plenty of space for storage, a workshop, or other uses. This is a property for serious renovators or developers ready to take on a challenge and unlock the potential. Roll up your sleeves and bring your vision to life. For sale by Public Auction, Saturday 26th July at 11.00am on-site unless sold prior. DISCLAIMER: While utmost care has been taken to verify the accuracy of the information provided above, it should not be construed as a representation by the vendor or the agent/agency. All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.

Features

2 bedrooms
1 bathroom
3 carspaces
890 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Colac over the last 12 months, the estimated median property value of 20 Wallace Street is $372.5k.

Median value
$372.5k
Estimated value range
$316k - $560k
Median days on market
31
Estimated value trend
-6%
decrease 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.

Property history for 20 Wallace Street

2025
Sold
$316,000
Auction Sale on 26 Jul 2025 by Wendy Flint, of Charles Stewart Real Estate Colac

Happy sellers in Colac

90%
90% of sellers in Colac reported that their sale price either exceeded or met their price expectations.

Colac stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in Colac over the last 12 months.

Local market activity for 2 bedroom houses in Colac

In the last 12 months, 16 two-bedroom houses similar to 20 Wallace Street, have been sold.

This represents a 15% increase in two-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Colac

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent