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Back 4 Wallace St
Off Market

4 Wallace St

Colac VIC 3250

2
1
2
1211 m²
House
Last sold for $475,000
Jake TheodoreJake Theodore, last sold this property on 29 September 2025 after 34 days on market.

Overview

Move-In Ready with Room to Grow...

Set on a generous 1,121sqm block, this charming two-bedroom, one-bathroom home has been freshly painted inside and out, has an updated kitchen and new flooring, offering a welcoming move-in ready appeal. The new kitchen features stylish white cabinetry with overhead glass door cupboards, a crisp white tiled splashback, electric cooking, and new laminate flooring. The kitchen and dining area flow seamlessly into the living space, which is adjoined through an archway, while French doors at the front provide an additional entry and a touch of character. Comfort is ensured year-round with a split system and wood fire. One of the bedrooms is fitted with built-in robes and both with new carpet. The bathroom includes a shower and a separate toilet for convenience. Outside, the expansive 1,121sqm block is not only ideal for enjoying a large backyard but also offers fantastic scope for development or subdivision (STCA), providing excellent long-term potential. A double shed sits at the rear, adding practicality. Ideally located close to the CBD, Bunnings and Coles complex, this property offers both lifestyle and opportunity for the first home buyer, investor or developer. *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.

Features

2 bedrooms
1 bathroom
2 carspaces
2 garage spaces
1211 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 4 Wallace St 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 4 Wallace St

2025
Rented
Undisclosed
Leased on 28 Oct 2025 by Richardson Real Estate Colac
2025
Sold
$475,000
29 Sep 2025 by Jake Theodore, of Richardson Real Estate Colac
2020
Sold
$310,000
Private Sale/Treaty on 31 Aug 2020 by Jake Theodore, of Richardson 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 4 Wallace St, 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

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Troy Kincaid

Troy Kincaid is a recommended agent for Colac.  They have 23 local sales and collected 16 local reviews across the last 12 months.

  •   4.9   (384 reviews)
  •  16 Reviews in Colac
  •  23 Sales in Colac
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Jake Theodore

Jake Theodore is an award winning recommended agent for Colac.  They have 20 local sales and collected 10 local reviews across the last 12 months.

  •   5   (184 reviews)
  •  10 Reviews in Colac
  •  20 Sales in Colac
View profile
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Leanne Witcombe

Leanne Witcombe is a recommended agent for Colac.  They have 2 local sales and collected 4 local reviews across the last 12 months.

  •   5   (37 reviews)
  •  4 Reviews in Colac
  •  2 Sales in Colac
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Rhyley Edge

Rhyley Edge is a recommended agent for Colac.  They have 34 local sales across the last 12 months.

  •  34 Sales in Colac
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