Search agent

Compare All Colac Agents

Rank individual agents by experience at selling similar properties to yours.

Try it now
Money Bag

Agent Fees & Marketing Costs

Instantly see average agent fees in Colac & marketing costs.

Search your suburb
House

Property Value Estimate

A current estimated value of your Colac property, before talking to the experts.

See current estimate

Free performance report on all Colac agents

There are 13 real estate agents servicing Colac and surrounds. In 2016 they sold 152 properties. We have analysed all these Colac agents and on request within 24 hours we will send you a free, up-to-date report on their performance, sales track record and what fees you should pay. View report contents

We are the only service in Australia that analyses all local agents and their performance, and provides this to you in a transparent and unbiased manner. View frequently asked questions

We pride ourselves on providing independent, insightful analysis on real estate agents. Read real client case studies to see how we continually exceed expectations. We never disclose your details to any agents unless you specifically instruct us to do so.

Real Estate Agents Colac – 2016/17 Performance

Colac Real Estate Agents sold 152 properties over the last 12 months (135 houses and 17 units). On average these 135 Colac houses took 106 days to sell and were sold at an average discount of -8% from their initial listing price. Colac units on average took 123 days to sell and were sold at an average discount of -6% from their initial listing price.

The best Colac Real Estate Agents sell properties considerably better than these average figures. We detail who these Colac agents are in our free report

Importantly it is the performance of the individual real estate agent rather than the agency used that matters. With over 13 agents operating in the Colac-Otway – Colac council area servicing the Colac market and 5 agencies, vendors should only use those Colac agents who routinely deliver superior results for their clients. This is crucial to maximise their chances of securing the best possible price for their Colac property.

With total house growth of 12% over the last five years Colac agents have had a reasonably difficult market to contend with. Selling properties well in a slow market is much more difficult. Units have fared better growing at 26%. Growth in Colac houses over the last year has been below the five year annual growth rate, coming in at 1% for houses (5yr average 2%) and below for units -12% (5yr average 5%).

Request your free report for the individual performance details of real estate agents in Colac and the properties they have sold over the last couple of years.

With Colac houses only selling on average every 13 years and units every 10 years, securing the best Colac real estate agent to manage this infrequent transaction is crucial.

At the end of the day choosing the best Colac real estate agent to sell your property can make years of difference to your personal financial situation.

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.

Elliminyt VIC 3250
Colac VIC 3250