Compare All Colac Agents
Rank individual agents by experience at selling similar properties to yours.
Agent Fees & Marketing Costs
Instantly see average agent fees in Colac & marketing costs.
Property Value Estimate
A current estimated value of your Colac property, before talking to the experts.
List of Top Colac Real Estate Agents
There is a huge difference between good and bad agents.
The best agents don’t just sell loads of properties - they sell them faster and at higher values. We've collected data on all of the top agents in Colac below, so you can see what kind of difference an experienced agent makes.
In the past 12 months, Colac real estate agents have sold 242 properties. Houses in Colac spent 23 days on the market before selling and apartments 18 days. Most properties sold were houses.
We have prepared a shortlist of agents operating in Colac, but the agents on this list may not suit your style of property. Individual agent performance can vary significantly, even if the agents share the same agencies or office.
Which Real Estate Agent calculates a list of 3 top local agents from all agent sales data in the area, personalised to your property. Get started with our agent comparison tool.
Which Real Estate Agent's Best Colac Agents
Good agent selection means you increase your chances dramatically of a higher property price and an easy, quick sale. We can calculate a shortlist of top agents through our agent comparison tool.
To start selling, it's best to speak with a top-performing local real estate agent who has experience with properties like yours and can work well with you.
Properties Sold
242
(12 Months to Apr 2024)Different Agents Used
12
(Apr 2024)Different Agencies Used
6
(Apr 2024)A suitable agent should be focused on selling property near yours (bonus for the same street!), experienced at selling property like yours, have a strong history of successful negotiations, and possess a personality that works well with potential buyers and yourself. Most agents have a particular focus, e.g. units within a certain area, price bracket, and a ranking within their agency. We do everything we can to identify these agents for you.
We've crunched the numbers on properties sold in Colac and have identified top agents that don’t just sell a lot of properties, but those that appear to sell for more and faster than their competitors.
Colac Agents That Sell For Higher Prices
Suburb Avg.
$501,075
Top 3 Agents
$542,417
Top agents achieved 1.1x higher prices than the suburb average.
Agents with good negotiation skills and strong contacts in the local real estate industry can often bump your property values, covering their fees and getting more in your pocket.
Colac Agents That Sell Faster
Suburb Avg.
91 Days
Top 3 Agents
68 Days
The top 3 agents in Colac sell 1.3x faster than the suburb average.
A strong advertising strategy or an extensive buyer’s database typically speeds up the selling process immensely, so ensure your agent can provide both.
Colac Agents With The Most Experience
Suburb Avg.
3
Top 3 Agents
6
Top agents achieved 2.0x more sales than the suburb average.
Top real estate agents in Colac do not usually handle properties in just Colac but also nearby suburbs that might not have similar property markets to Colac. You need a top agent who has a core focus on selling property similar to yours in Colac. Doing this will ensure that your property will sell for a better price and faster.
Why Use Us
Our service is 100% free and no obligation to you.
We are an independent Australian company that helps property owners make informed decisions on which real estate agent to use. We provide independent performance data on real estate agents, making it easy for you to identify the best suited agents to interview and ultimately achieve the best price.
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Completely free to use. We receive a referral fee from the agent, only if they sell your property.
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What To Pay Your Colac Agent
The lowest fee should not be your top requirement in an agent. Rather, you should look for agents that can strongly back up their fee structure and commission rate.
An agent with a strong sales background in selling quickly and for a higher price will often cover their fee and more. Receive a shortlist of top agents in the local Colac area from our agent comparison tool to sell confidently.
Colac is one of the more expensive suburbs in Australia when it comes to real estate agent commission rates. Experience has shown us that real estate agent commission rates in Colac average around 2.8%.
Compared to other areas in Australia, the commission rate in Colac is higher - remember that you can negotiate with your real estate agent about their fees and commissions, as well as inclusions on marketing fees.
2.8%
Colac Average Commission Rate
~2.1%
National Average Commission Rate
Use the real estate agent fee calculator below to determine how much it may cost to sell your property in Victoria. Amounts calculated include 10% GST, but exclude other costs an agent may charge such as advertising and marketing.
The data on this website, including in the graphs and calculator, is approximate in nature and should not be relied upon.
Talking to a top local real estate agent is a good first step to determine what you may be required to pay to sell your property and to understand the local property market.
The graph and calculator use data collected by Which Real Estate Agent in 2019, and provides a state-wide average estimation of commission rate. The data presented should only be used as an indication of what you may be required to pay.
Be careful of extra fees that may be charged by a real estate agent. We recommend you properly review the agency agreement and cost schedules, so there are no surprises when you are presented with the final bill.
There is almost always room to negotiate commissions with agents. Do not be afraid to ask for an agent fee structure that favours your situation and ensures the agent does their job.
However, remember that an agent willing to drop their agent fees to rock-bottom are not likely to have your best interests at heart. Make sure you’re not just padding out someone else’s sales statistics - you should spend a little more to make more.
Need more information about agent fees or costs? Read our comprehensive guide to the fees charged by agents here.
Frequently Asked Questions
SHOULD I SELL MY HOUSE IN Colac IN 2024?
According to our data, you may want to consider selling your Colac property in 2024.
The average houses growth in Colac has risen to 13.1% over the past 10 years. The increase in property values has led to an appreciating market where selling your property is generally easier and buyers are generally more competitive.
Price growth for Colac houses over the last year has been above the ten year annual growth rate, coming in at 27.1% for houses (compared to the 10 year average, 13.1%).
Units/apartment values over the past 12 months in Colac have moved lower for 3.9%, compared to the 10 year average, 8.8%.
To find out how to sell your house and to find the best agent, click here.
WHAT IS MY HOUSE PRICE ESTIMATE?
There are several variables that can affect property values in Colac. To accurately estimate the value of your Colac property, these variables need to be taken into account.
One of the most significant, but surprising, contributors to your property price is proximity to loud areas or industry.
Several nearby types of infrastructure may drive your house value estimation down. Public infrastructure such as busy roads or flight paths could generate a lot of noise pollution which may deter some buyers, leading to your property selling at a lower price.
With so many potential factors affecting a property’s price, it’s best to do some research before talking to agents.
Figure out the value of your home, and start your selling journey with some confidence. Get started by requesting a property appraisal from an agent today.
WHAT ARE THE STEPS TO SELLING MY Colac HOUSE?
There’s a lot to think about when selling your Colac property, and a lot of it happens before signing up with an agent.
It’s a good idea to start with some independent research, before committing to selling your Colac property. Start by looking at property market statistics which will give you an idea of property values and price trends. Speak with a few agents to see what they think of your property, and how to best market and sell your home.
Making mistakes at this stage could cost you a lot of time and money. Hiring an experienced local real estate agent betters your chances of a hassle-free selling process that ends in a good result for you.
If you need more in-depth information on each step of the selling process, read our comprehensive guide on selling here.
HOW DO I FIND THE BEST REAL ESTATE AGENT IN Colac?
To find the top agents in your area, look into the sales histories and statistics behind each agent in your area. The best indicator is experience selling similar properties in the local area. This equates to knowledge behind positioning the property to the target market and an active list of prospective buyers that ultimately assists in achieving the best price.
Interview multiple agents to get a feel for fees and quality, and ask for as much proof as possible that they can do the job well.
Get more guides on choosing or finding the best agents here. Get a free shortlist of real estate agents in Colac by using our real estate agent comparison tool. We look into agents who sell quickly for the highest prices to ensure you get the best result.
HOW COULD THIS SERVICE BE FREE?
If an agent we suggest is successful in selling your home, they pay us an industry-standard referral fee. If the agent is unsuccessful, there is no fee payable.
This means it is in our best interest to find a top-performing real estate agent that can sell your property with minimum fuss.
IS YOUR AGENT ANALYSIS BIASED IN ANY WAY?
No. In comparison to our competitors, we do NOT have a limited database of agents to work with. We do not have special agreements with any agents or agencies for property sales.
Which Real Estate Agent is unique in that we carefully analyse the local agents in the area and base our recommendations upon individual agent sales histories and customer reviews.
In addition, we receive the same referral fee regardless of which suggested agent is chosen by you. We only receive the fee if the property is sold.
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Find the Best Real Estate Agent In Colac
Colac Suburb Overview
Colac is a small city in the Western District of Victoria, Australia, approximately 150 kilometres south-west of Melbourne on the southern shore of Lake Colac and the surrounding volcanic plains, approximately 40 km inland from Bass Strait. Colac is the largest city in and administrative centre of the Colac Otway Shire. At the 2006 census, Colac had a population of 10,857.
A commercial centre for a major agricultural district, it was named after nearby Lake Colac and was proclaimed a city in 1960.
For thousands of years clans of the Gulidjan people occupied the region of Colac, living a semi-nomadic life.
The area was first settled by Europeans in 1837 by Hugh Murray, and proclaimed a town, Lake Colac, in 1848.
The Post Office opened on 1 July 1848 as Lake Colac and was renamed Colac in 1854. Colac Botanic Gardens in Queen Street located on the shores of Lake Colac, were established in 1868.
In 1854 town founder Hugh Murray employed a couple of shepherds named Thomas Brookhouse and Patrick Geary. Brookhouse who was looking for missing sheep disappeared without a trace. Patrick Geary and his wife soon left the district. Fifteen years later a boy out rabbiting found the skeletal remains of Thomas Brookhouse under a pile of rocks near Lake Corangamite. Brookhouse had his head smashed in. It took Police two years to track Patrick Geary and charge him with Brookhouse’s murder. A friend of Geary told the court that Geary had killed Brookhouse with an axe to stop him from informing Murray of Geary’s sheep stealing activities. Geary was hanged in Melbourne in 1871.
A plaque on the southern side of the Memorial Square commemorates two historic speeches given on consecutive nights in Colac, beginning on 5 September 1914 with the then Federal opposition leader, Andrew Fisher, and followed the next night by Prime Minister Joseph Cook. The two speeches declared Australia’s commitment to follow Britain into World War I, with Fisher declaring “Australia will stand by the mother country to our last man and our last shilling” and Cook’s famous reiteration that “If the old country is at war, so are we.
The plains around Colac are the third largest volcanic plain in the world. Australia’s largest permanent salt lake and Victoria ‘s largest natural lake, Lake Corangamite, is nearby.
In the Summer of 2008-2009, Lake Colac completely dried up. However, due to rainfall since then, the lake has largely been restored to its former condition.
The main form of transport in Colac is the automobile. The Princes Highway runs through the city and forms its main street, Murray Street. The highway runs west toward Camperdown and east to Geelong and beyond to Melbourne. Several secondary sealed roads including the C161, C155 and C154 run south toward Apollo Bay and the coastal tourism areas of the Otway Ranges Great Ocean Road, Twelve Apostles and the Shipwreck Coast. The Colac-Ballarat Road runs north connecting Colac to Ballarat via Cressy.
The railway through the town was opened in 1877, and extended from 1883 as part of the line to the south west of the state.
