East Gippsland Shire Council

Colac Colac

VIC3707

Colac Colac at a glance

Median house

$197,000

Median unit

$141,840

Walk score

0

Very car dependent

Population

61

Median age 50

About

Welcome to Colac Colac.

Colac Colac is a suburb in Victoria.

Side by side

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Median, growth, schools, walkability, all in one view.

Market

The price of a home here.

Median house price

$197,000

+0.0% over the past year. Median unit price $141,840.

Rental and ownership

Weekly rent (house)

$200/wk

Weekly rent (unit)

$200/wk

Owner occupied

79%

Renter occupied

17%

At a deeper level

Median House PriceSource: RTBA, Residential Tenancies Bond Authority (VIC)

$197,000

Median Unit PriceSource: RTBA, Residential Tenancies Bond Authority (VIC)

$141,840

PopulationSource: ABS Census 2021 · May 2026

61

Median age: 50

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For investors

Investment overview.

Gross Yield (House)

Source: RTBA, Residential Tenancies Bond Authority (VIC)

5.28%

Based on $197,000 median

Gross Yield (Unit)

Source: RTBA, Residential Tenancies Bond Authority (VIC)

7.33%

Based on $141,840 median

Annual Growth (House)

Source: RTBA, Residential Tenancies Bond Authority (VIC)

Year-on-year capital growth

Annual Growth (Unit)

Source: RTBA, Residential Tenancies Bond Authority (VIC)

Year-on-year capital growth

Owner Occupancy

Source: ABS Census 2021 · May 2026

79%

Higher = more owner-occupier demand

Days on Market

Source: RTBA, Residential Tenancies Bond Authority (VIC)

Lower = higher buyer demand

Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.

Who lives here

Demographics.

Population

61

Median age

50

Family households

71%

Lone person

21%

Demographics data as of May 2026· ABS 2021 Census

Getting around

Walkability.

Walk Score

0

Transit Score

0

Bike Score

70

Scores calculated from OpenStreetMap data (ODbL)

Walkability data as of May 2026· OpenStreetMap

Place

Location.

Amenities

Transport

Nearby suburbs

Education

Schools in Colac Colac.

Local schools for Colac Colac

View the catchment for each school to find out more.

Government School Catchment

Corryong College

Prep-12CoEdGovernment
View Catchment

Non-Government Schools

Sacred Heart School

Prep-6CoEdCatholic
View Catchment

© ACARA, licensed under CC BY 4.0.

Frequently asked

About Colac Colac.

What is the median house price in Colac Colac?
The median house price in Colac Colac, VIC 3707 is $197,000. The median unit price is $141,840. Annual growth is +0.0%.
What is the Colac Colac postcode?
Colac Colac is in the 3707 postcode, in VIC, in the East Gippsland Shire Council region.
What is the average rent in Colac Colac?
The median weekly rent for houses is $200, for units it's $200.
What schools are in Colac Colac?
There are 2 schools serving Colac Colac on this page, including Sacred Heart School, Corryong College.
How walkable is Colac Colac?
Colac Colac has a Walk Score of 0 out of 100, highly car-dependent. transit score 0, bike score 70.
What suburbs are near Colac Colac?
Colac Colac is close to Corryong, Nariel Valley, Cudgewa, Thowgla Valley, Nariel Valley.
What is the population of Colac Colac?
Colac Colac has approximately 61 residents. The median age is 50.

Sources cited

Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →

Always dated

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