Back 43 Wallace St
Off Market

43 Wallace St

Colac VIC 3250

3
1
2
950 m²
House
Last sold for $460,000
Jake TheodoreJake Theodore, last sold this property on 04 February 2026 after 141 days on market.

Overview

Character Home in Prime Position...

Set on a generous 950 sqm block, this character-filled weatherboard residence captures the charm of a bygone era with all the essentials for modern living. The classic bullnose veranda with timber fretwork and the white picket fence set a welcoming tone, while inside the home reveals warmth and comfort throughout. The open plan kitchen and living area is the heart of the home, featuring laminate cabinetry with a contrasting timber benchtop, electric cooking and a walk-in pantry, while the adjoining living space is enhanced by a split system and gas wall heater. Three well-proportioned bedrooms include one with a beautiful original fireplace, and the bathroom offers a shower over bath with a separate toilet conveniently located in the laundry. Outdoors, the north-facing entertaining area makes the most of the sunshine, ideal for family gatherings or quiet mornings. A fully fenced yard with neat gardens, a backyard shed and side driveway access adds to the practicality. Adding to its appeal, the property is within easy reach of the Coles complex, Bunnings and the CBD, ensuring both convenience and lifestyle are well catered for. Currently tenanted until January 2026 at $340 per week, this property offers an attractive investment opportunity alongside its lifestyle appeal. *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

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
950 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 43 Wallace St is $499k.

Median value
$499k
Estimated value range
$300k - $840k
Median days on market
36
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.

Property history for 43 Wallace St

2026
Sold
$460,000
04 Feb 2026 by Jake Theodore, of Richardson Real Estate Colac
2017
Sold
$260,000
04 May 2017 by Troy Kincaid, of Richardson Real Estate Colac

Happy sellers in Colac

92%
92% 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 15 reviews in Colac over the last 12 months.

Local market activity for 3 bedroom houses in Colac

In the last 12 months, 120 three-bedroom houses similar to 43 Wallace St, have been sold.

This represents a 11% decrease in three-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